LAZARD INC (LAZ) Stock Technical Analysis
NYSE:LAZ - New York Stock Exchange, Inc. - US52110M1099 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to LAZ. LAZ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month LAZ has a been trading in the 41.60 - 45.31 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
LAZ has an average volume of 1058560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, LAZ outperforms 63% of them, which is more or less in line with the market.
LAZ is an average performer in the Capital Markets industry, it outperforms 67% of 232 stocks in the same industry.
LAZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LAZ is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
LAZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 42.94, a Stop Loss order could be placed below this zone.
More info and screens
35.39
51.64
We found 2 important support areas.
- A support zone ranging from 42.70 to 43.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.75 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 43.60 to 43.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 46.37 to 47.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.92 from a trend line in the daily time frame.
- Resistance @51.13 from a trend line 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 | DOWN | NEGATIVE | The long term trend for LAZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LAZ is neutral. |
| ChartMill Relative Strength | 63.36 | NEUTRAL | LAZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LAZ is below a declining 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) | DOWN | NEGATIVE | The current price of LAZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.82 | NEUTRAL | The RSI value for LAZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests LAZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.81 | NEUTRAL | The Stochastics value for LAZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for LAZ suggests some volalility. |
| Average Directional Index/ADX (14) | 10.17 | NEGATIVE | The low ADX value for LAZ suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
43.55
+0.6 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.4%
1 Week-0.59%
2 Weeks0.76%
1 Month-3.27%
3 Month-5.14%
6 Month-16.31%
12 Month19.64%
2 Year36.09%
3 Year34.37%
5 Year52.11%
10 Year-22.56%
15 Year63.05%
Volatility
ATR(14)1.39
ATR(20)%3.24%
ATR Inc-0.6%
Range Today1.39
ADR(20)1.3
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.36
Mansfield-1.24
10 Day High45.31
10 Day Low42.58
20 Day High45.31
20 Day Low41.6
52 Week High61.14
52 Week Low31.97
CS1 End42.94
CR1 Start43.41
Volume & EV
DER(3)-0.32%
DER(5)1.78%
Volume662.71K
Volume Incr-17.27%
Vol(5)673.80K
Vol(50)1.06M