LUMINAR TECHNOLOGIES INC (LAZR) Stock Technical Analysis
NASDAQ:LAZR - Nasdaq - US5504243032 - Common Stock - Currency: USD
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.
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: 98% of all stocks are doing better.
LAZR is part of the Automobile Components industry. There are 81 other stocks in this industry, of which 96% are performing better than LAZR.
LAZR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LAZR is lagging the market.
In the last month LAZR has a been trading in the 3.56 - 4.82 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 2918610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LAZR has a poor technical rating and the quality of the setup is also only medium 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
3.59
5.22
We found 1 important resistance area.
- Resistance @5.17 from a trend line in the weekly 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 | 2.9 | NEGATIVE | LAZR has a low relative strength, it was outperformed by 97.1% 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) | 41.29 | 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. |
| Stochastics (14,3) | 20.49 | NEUTRAL | The Stochastics value for LAZR is a neutral value. |
| Average True Range in percent/ATR (20) | 10.38 | HIGH VOLATILITY | The high ATR as a percentage value for LAZR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for LAZR suggests a weak or negative 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)
3.63
-0.27 (-6.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-6.92%
1 Week-23.09%
2 Weeks-12.74%
1 Month-6.2%
3 Month-41.02%
6 Month-59.44%
12 Month-84.78%
2 Year-96.45%
3 Year-97.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%10.38%
ATR Inc-14.32%
Range Today0.22
ADR(20)0.33
ADR(20)%8.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.9
Mansfield-6.91
10 Day High4.82
10 Day Low3.56
20 Day High4.82
20 Day Low3.56
52 Week High32.7
52 Week Low3.3
CS1 EndN/A
CR1 Start5.17
Volume & EV
DER(3)-1.1%
DER(5)-2.16%
Volume2.43M
Volume Incr8.51%
Vol(5)2.17M
Vol(50)2.92M