LIFESTANCE HEALTH GROUP INC (LFST) Stock Technical Analysis
NASDAQ:LFST - US53228F1012 - Common Stock
Overall LFST gets a technical rating of 4 out of 10. In the past year, LFST was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, LFST does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.47, a Stop Loss order could be placed below this zone.
More info and screens
5.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.44 to 5.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.34 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.56 to 5.59. 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 LFST is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LFST is up. |
| ChartMill Relative Strength | 15.77 | NEGATIVE | LFST has a low relative strength, it was outperformed by 84.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LFST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LFST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LFST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.23 | NEUTRAL | The RSI value for LFST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests LFST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.2 | OVERBOUGHT | The high Stochastics value suggests LFST may be overbought. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for LFST suggests some volalility. |
| Average Directional Index/ADX (14) | 41.51 | POSITIVE | The high ADX value value for LFST suggests a strong trend. |
5.48
-0.01 (-0.18%)