Overall LENZ gets a technical rating of 0 out of 10. 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 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
21.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.10 to 27.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.38 from a trend line in the weekly time frame.
- Support @21.86 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.37 to 29.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.52 to 30.72. 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 LENZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LENZ is neutral. |
| ChartMill Relative Strength | 10.48 | NEGATIVE | LENZ has a low relative strength, it was outperformed by 89.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LENZ is above 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) | UP | MIXED | The current price of LENZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.9 | NEUTRAL | The RSI value for LENZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests LENZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.54 | NEUTRAL | The Stochastics value for LENZ is a neutral value. |
| Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for LENZ suggests high volalility. |
| Average Directional Index/ADX (14) | 23.91 | NEUTRAL | The ADX value for LENZ suggests a possible start of a new trend. |
27.31
-3.09 (-10.16%)
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.
What is the trend direction for LENZ stock?
The current trend direction for LENZ THERAPEUTICS INC (LENZ) is Bearish.
What is the RSI signal for LENZ stock?
LENZ THERAPEUTICS INC (LENZ) has an RSI value of 42.8977. This indicates that the stock is currently neutral.
What is the short term momentum for LENZ THERAPEUTICS INC (LENZ) stock?
The short term momentum for LENZ THERAPEUTICS INC (LENZ) is neutral.
What are the support and resistance levels for LENZ THERAPEUTICS INC (LENZ) stock?
LENZ THERAPEUTICS INC (LENZ) has a support level at 27.3 and a resistance level at 29.37. Check the full technical report for our detailed analysis of LENZ support and resistance levels.