LAZARD INC (LAZ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LAZ - US52110M1099 - Common Stock
Taking everything into account, LAZ scores 6 out of 10 in our technical rating. In the past year, LAZ was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- LAZ is part of the Capital Markets industry. There are 238 other stocks in this industry. LAZ outperforms 71% of them.
- LAZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LAZ is lagging the market slightly.
- In the last month LAZ has a been trading in the 48.40 - 54.45 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, LAZ turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
LAZ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 53.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.81, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
46.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 50.45 to 51.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.35 from a trend line in the daily time frame.
- A support zone ranging from 47.29 to 47.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 53.72 to 54.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @54.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 58.44 to 58.45. This zone is formed by a combination of multiple trend lines in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for LAZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LAZ is up. |
| ChartMill Relative Strength | 58.53 | NEUTRAL | LAZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LAZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LAZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LAZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.63 | NEUTRAL | The RSI value for LAZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests LAZ has a positive trend. |
| Stochastics (14,3) | 85.01 | OVERBOUGHT | The high Stochastics value suggests LAZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for LAZ suggests some volalility. |
| Average Directional Index/ADX (14) | 19.86 | NEGATIVE | The low ADX value for LAZ suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.09 | 50.44 | 3.65 (6.75%) | 14.82% |
| An entry @54.09. This is a Buy Stop order right above the resistance zone. | An exit @50.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.65 points, which is 6.75%. | When investing 14.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
53.36
-0.39 (-0.73%)
LAZARD INC / LAZ FAQ
Can you provide the ChartMill technical rating for LAZARD INC?
ChartMill assigns a technical rating of 6 / 10 to LAZ.
What is the current trend direction of LAZARD INC (LAZ) stock?
The current trend direction for LAZARD INC (LAZ) is Bearish.
Can you provide the RSI signal for LAZARD INC?
LAZARD INC (LAZ) has an RSI value of 61.6346. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LAZARD INC?
The MACD indicator for LAZARD INC (LAZ) has a value of 0.347852, indicating a bearish trend.
What is the short term momentum for LAZ stock?
The short term momentum for LAZARD INC (LAZ) is positive.