LAZARD INC (LAZ) Stock Technical Analysis
NYSE:LAZ - New York Stock Exchange, Inc. - US52110M1099 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to LAZ. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LAZ is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
LAZ is one of the better performing stocks in the Capital Markets industry, it outperforms 70% of 237 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that LAZ is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
LAZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LAZ is lagging the market.
In the last month LAZ has a been trading in the 49.20 - 57.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, LAZ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 54.56. Right above this resistance zone may be a good entry point.
More info and screens
36.14
55.71
When analyzing the support we can see 3 important areas.
- Support @51.30 from a trend line in the daily time frame.
- A support zone ranging from 50.18 to 50.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.50 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.56 to 55.16. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for LAZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LAZ is up. |
| ChartMill Relative Strength | 77.28 | POSITIVE | LAZ has a high relative strength, it outperformed 77.28% off all stocks 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 | MIXED | The current price of LAZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.15 | NEUTRAL | The RSI value for LAZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests LAZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.6 | NEUTRAL | The Stochastics value for LAZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for LAZ suggests some volalility. |
| Average Directional Index/ADX (14) | 23.95 | NEUTRAL | The ADX value for LAZ suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 52.06 | 51.29 | 0.77 (1.47%) | 25.00% |
| An entry @52.05. This is a Buy Stop order right above the 10 day moving average. | An exit @51.29. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.77 points, which is 1.47%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LAZ. Please evaluate whether better entry and exit points can be found.
- 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.
51.8
+0.52 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.01%
1 Week3.21%
2 Weeks-5.56%
1 Month-0.23%
3 Month21.77%
6 Month-2.67%
12 Month14.1%
2 Year49.11%
3 Year42.5%
5 Year63.56%
10 Year4.16%
15 Year65.71%
Volatility
ATR(14)1.65
ATR(20)%3.22%
ATR Inc-32.38%
Range Today1.03
ADR(20)1.59
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.28
Mansfield-0.28
10 Day High54.8
10 Day Low49.2
20 Day High57
20 Day Low49.2
52 Week High61.14
52 Week Low31.97
CS1 End51.3
CR1 Start54.56
Volume & EV
DER(3)0.56%
DER(5)-0.67%
Volume1.09M
Volume Incr-30.32%
Vol(5)761.98K
Vol(50)984.92K