LUMINAR TECHNOLOGIES INC (LAZR) Stock Technical Analysis
USA - NASDAQ:LAZR - US5504243032 - Common Stock
Taking everything into account, LAZR scores 1 out of 10 in our technical rating. LAZR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
LAZR has a poor technical rating and the quality of the setup is also not perfect 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
1.91
We found 1 important support area.
- A support zone ranging from 1.93 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.22 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.40 from a trend line in the daily time frame.
- A resistance zone ranging from 2.46 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for LAZR is neutral. |
| ChartMill Relative Strength | 2.27 | NEGATIVE | LAZR has a low relative strength, it was outperformed by 97.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LAZR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LAZR is above 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) | 55.52 | NEUTRAL | The RSI value for LAZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LAZR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.52 | NEUTRAL | The Stochastics value for LAZR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.75 | HIGH VOLATILITY | The high ATR as a percentage value for LAZR suggests high volalility. |
| Average Directional Index/ADX (14) | 18.41 | NEGATIVE | The low ADX value for LAZR suggests a weak or negative trend. |
2.22
+0.53 (+31.36%)
LUMINAR TECHNOLOGIES INC / LAZR FAQ
What is the ChartMill technical rating of LUMINAR TECHNOLOGIES INC (LAZR) stock?
ChartMill assigns a technical rating of 1 / 10 to LAZR.
What is the trend direction for LAZR stock?
The current trend direction for LUMINAR TECHNOLOGIES INC (LAZR) is Bearish.
Can you provide the RSI signal for LUMINAR TECHNOLOGIES INC?
LUMINAR TECHNOLOGIES INC (LAZR) has an RSI value of 55.5175. This indicates that the stock is currently neutral.
What is the short term momentum for LAZR stock?
The short term momentum for LUMINAR TECHNOLOGIES INC (LAZR) is neutral.
What are the support and resistance levels for LUMINAR TECHNOLOGIES INC (LAZR) stock?
LUMINAR TECHNOLOGIES INC (LAZR) has a support level at 1.95 and a resistance level at 2.22. Check the full technical report for our detailed analysis of LAZR support and resistance levels.