LUMINAR TECHNOLOGIES INC (LAZR)       7.66  -0.02 (-0.26%)

7.66  -0.02 (-0.26%)

US5504241051 - Common Stock - After market: 7.67 +0.01 (+0.13%)

Technical Rating

4

Overall LAZR gets a technical rating of 4 out of 10. In the past year, LAZR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.



The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month LAZR has a been trading in the 3.91 - 8.23 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
LAZR has an average volume of 8045100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
When comparing the yearly performance of all stocks, LAZR is a bad performer in the overall market: 89% of all stocks are doing better.
LAZR is part of the Auto Components industry. There are 46 other stocks in this industry, of which 87% are performing better than LAZR.
LAZR is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 76.09% -1.16% 1.86% -48.24% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 11.57 3.91 - 16.8
LAZR Weekly chart
LAZR Daily chart

Support/Resistance Analysis


7.58

8.11
2 important resistance areas can be observed.
  • A resistance zone ranging from 7.67 to 7.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.03 from a trend line in the daily time frame.

Setup Analysis

Setup Rating

2

LAZR has an average technical rating and it also does not offer a high 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.


LAZR Daily chart

LUMINAR TECHNOLOGIES INC7.66

NASDAQ:LAZR (2/3/2023, 7:00:03 PM)-0.02 (-0.26%)

After market: 7.67 +0.01 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Auto Components

Performance
Today -0.26% 1 Week 12.98%
2 Weeks 24.96% 1 Month 76.09%
3 Month -1.16% 6 Month 1.86%

Volatility
ATR(14) 0.66 ATR(20)% 8.37%
ATR Inc 73.49% Range Today 1.01

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 11.57 Mansfield -1.74
10 Day High 8.24 10 Day Low 5.79
20 Day High 8.24 20 Day Low 3.91
52 Week High 16.8 52 Week Low 3.91
CS1 End N/A CR1 Start 7.67

Volume & EV
DER(3) -0.59% DER(5) -0.23%
Volume 11.45M Volume Incr 16.67%
Vol(5) 11.37M Vol(50) 8.05M

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