LENZ THERAPEUTICS INC (LENZ) Stock Technical Analysis
NASDAQ:LENZ • US52635N1037
Taking everything into account, LENZ scores 0 out of 10 in our technical rating. LENZ'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 94% of all other stocks performed better in the past year than LENZ.
- LENZ is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 76% are performing better than LENZ.
- LENZ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- LENZ has an average volume of 1011700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LENZ has a been trading in the 11.48 - 17.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LENZ 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
13.36
3 important resistance areas can be observed.
- A resistance zone ranging from 13.50 to 13.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.43 from a trend line in the daily time frame.
- Resistance @31.96 from a horizontal 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 LENZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LENZ is down. |
| ChartMill Relative Strength | 6.05 | NEGATIVE | LENZ has a low relative strength, it was outperformed by 93.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LENZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LENZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LENZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.73 | NEUTRAL | The RSI value for LENZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests LENZ has a positive trend. |
| Stochastics (14,3) | 55.74 | NEUTRAL | The Stochastics value for LENZ is a neutral value. |
| Average True Range in percent/ATR (20) | 7.76 | HIGH VOLATILITY | The high ATR as a percentage value for LENZ suggests high volalility. |
| Average Directional Index/ADX (14) | 32.98 | POSITIVE | The high ADX value value for LENZ suggests a strong trend. |
13.49
-0.03 (-0.22%)
LENZ THERAPEUTICS INC / LENZ FAQ
Can you provide the ChartMill technical rating for LENZ THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to LENZ.
Can you provide the trend direction for LENZ THERAPEUTICS INC?
The current trend direction for LENZ THERAPEUTICS INC (LENZ) is Bearish.
Can you provide the RSI signal for LENZ THERAPEUTICS INC?
LENZ THERAPEUTICS INC (LENZ) has an RSI value of 41.7286. This indicates that the stock is currently neutral.
What is the buy/sell signal for LENZ stock?
The buy/sell signal for LENZ THERAPEUTICS INC (LENZ) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for LENZ THERAPEUTICS INC?
LENZ THERAPEUTICS INC (LENZ) has a resistance level at 13.5. Check the full technical report for our detailed analysis of LENZ support and resistance levels.