LUMINAR TECHNOLOGIES INC (LAZR) Technical Analysis
NASDAQ:LAZR • US5504243032
Current stock price
LAZR Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LAZR. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than LAZR.
- LAZR is one of the lesser performing stocks in the Automobile Components industry. 92% of 42 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 0.17 - 1.14 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- LAZR has an average volume of 31224200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LAZR Weekly and Daily overview Charts
LAZR Setup Rating and Analysis
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
LAZR Support and Resistance Analysis
LAZR Technical Indicator Signal Analysis
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 | 0.27 | NEGATIVE | LAZR has a low relative strength, it was outperformed by 99.73% 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) | 33.11 | NEUTRAL | The RSI value for LAZR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LAZR has a negative trend. |
| Stochastics (14,3) | 16.65 | OVERSOLD | The low Stochastics value suggests LAZR may be oversold. |
| Average True Range in percent/ATR (20) | 87.01 | HIGH VOLATILITY | The high ATR as a percentage value for LAZR suggests high volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for LAZR suggests a weak or negative trend. |
LAZR Chart- and CandleStick Pattern Analysis
LAZR Technicals: Chart, Performance Metrics, Trend & Indicators
0.1884
-0.03 (-13.46%)
LUMINAR TECHNOLOGIES INC / LAZR TA FAQ
What is the ChartMill technical rating of LUMINAR TECHNOLOGIES INC (LAZR) stock?
ChartMill assigns a technical rating of 0 / 10 to LAZR.
What is the current trend direction of LUMINAR TECHNOLOGIES INC (LAZR) stock?
The current trend direction for LUMINAR TECHNOLOGIES INC (LAZR) is Bearish.
What is the RSI signal for LAZR stock?
LUMINAR TECHNOLOGIES INC (LAZR) has an RSI value of 33.1137. This indicates that the stock is currently neutral.
What is the MACD signal for LAZR stock?
The MACD indicator for LUMINAR TECHNOLOGIES INC (LAZR) has a value of -0.0312404, indicating a bearish trend.
What is the short term momentum for LAZR stock?
The short term momentum for LUMINAR TECHNOLOGIES INC (LAZR) is negative.