LUMINAR TECHNOLOGIES INC (LAZR) Stock Technical Analysis
NASDAQ:LAZR - US5504243032 - Common Stock
1.63 USD
-0.07 (-4.12%)
1.61 USD
-0.02 (-1.23%)
Overall LAZR gets a technical rating of 0 out of 10. LAZR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LAZR is a bad performer in the overall market: 99% of all stocks are doing better.
LAZR is one of the lesser performing stocks in the Automobile Components industry. 98% of 80 stocks in the same industry do better.
LAZR is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month LAZR has a been trading in the 1.58 - 3.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
LAZR has an average volume of 3929890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of LAZR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.61
3.23
We can see 2 important resistance areas.
- A resistance zone ranging from 2.26 to 2.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.20 from a trend line 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 | DOWN | NEGATIVE | The long term trend for LAZR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LAZR is down. |
| ChartMill Relative Strength | 1 | NEGATIVE | LAZR has a low relative strength, it was outperformed by 99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LAZR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LAZR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LAZR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.58 | OVERSOLD | The low RSI value suggests LAZR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LAZR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.73 | OVERSOLD | The low Stochastics value suggests LAZR may be oversold. |
| Average True Range in percent/ATR (20) | 10.49 | HIGH VOLATILITY | The high ATR as a percentage value for LAZR suggests high volalility. |
| Average Directional Index/ADX (14) | 28.99 | POSITIVE | The high ADX value value for LAZR suggests a strong 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)
1.63
-0.07 (-4.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-4.12%
1 Week-15.98%
2 Weeks-24.19%
1 Month-40.29%
3 Month-51.63%
6 Month-67.33%
12 Month-86.42%
2 Year-97.61%
3 Year-98.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%10.49%
ATR Inc-42.45%
Range Today0.1
ADR(20)0.14
ADR(20)%8.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1
Mansfield-7.64
10 Day High2.15
10 Day Low1.58
20 Day High3.02
20 Day Low1.58
52 Week High18.6
52 Week Low1.58
CS1 EndN/A
CR1 Start2.26
Volume & EV
DER(3)-4.36%
DER(5)-6.26%
Volume4.05M
Volume Incr-6.2%
Vol(5)3.84M
Vol(50)3.93M