LUCIRA HEALTH INC (LHDX) Technical Analysis
NASDAQ:LHDX • US54948U1051
Current stock price
LHDX Technical Rating and Analysis
Taking everything into account, LHDX scores 5 out of 10 in our technical rating. In the past year, LHDX 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.
- When comparing the yearly performance of all stocks, LHDX is a bad performer in the overall market: 88% of all stocks are doing better.
- LHDX 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 LHDX is lagging the market.
- In the last month LHDX has a been trading in the 0.11 - 1.45 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- LHDX has an average volume of 24856700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LHDX is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, LHDX did better than 41% of them.
LHDX Weekly and Daily overview Charts
LHDX Setup Rating and Analysis
LHDX has an average technical rating and it also does not offer a high 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
LHDX Support and Resistance Analysis
0.45
When analyzing the resistance we notice one important area.
- Resistance @0.88 from a trend line in the daily time frame.
LHDX 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 | NEUTRAL | NEUTRAL | The long term trend for LHDX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LHDX is up. |
| ChartMill Relative Strength | 12.6 | NEGATIVE | LHDX has a low relative strength, it was outperformed by 87.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LHDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LHDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LHDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.54 | NEUTRAL | The RSI value for LHDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LHDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.5 | NEUTRAL | The Stochastics value for LHDX is a neutral value. |
| Average True Range in percent/ATR (20) | 35.95 | HIGH VOLATILITY | The high ATR as a percentage value for LHDX suggests high volalility. |
| Average Directional Index/ADX (14) | 35.18 | POSITIVE | The high ADX value value for LHDX suggests a strong trend. |
LHDX Chart- and CandleStick Pattern Analysis
LHDX Technicals: Chart, Performance Metrics, Trend & Indicators
0.4523
-0.11 (-19.23%)
LUCIRA HEALTH INC / LHDX TA FAQ
Can you provide the ChartMill technical rating for LUCIRA HEALTH INC?
ChartMill assigns a technical rating of 5 / 10 to LHDX.
Can you provide the trend direction for LUCIRA HEALTH INC?
The current trend direction for LUCIRA HEALTH INC (LHDX) is Bearish.
Can you provide the RSI signal for LUCIRA HEALTH INC?
LUCIRA HEALTH INC (LHDX) has an RSI value of 52.5434. This indicates that the stock is currently neutral.
What is the MACD signal for LUCIRA HEALTH INC (LHDX) stock?
The MACD indicator for LUCIRA HEALTH INC (LHDX) has a value of 0.0381527, indicating a bearish trend.
What is the short term momentum for LUCIRA HEALTH INC (LHDX) stock?
The short term momentum for LUCIRA HEALTH INC (LHDX) is positive.