LUCIRA HEALTH INC (LHDX) Stock Technical Analysis
NASDAQ:LHDX - Nasdaq - US54948U1051 - Common Stock - Currency: USD
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.
88% of all other stocks performed better in the past year than LHDX.
LHDX is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 63% are performing better than LHDX.
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 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
0.45
0.89
We found 1 important resistance area.
- Resistance @0.88 from a trend 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 | 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. |
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)
0.4523
-0.11 (-19.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-19.23%
1 Week223.07%
2 Weeks67.09%
1 Month17.18%
3 Month24.36%
6 Month-72.59%
12 Month-89.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%35.95%
ATR Inc10.44%
Range Today0.15
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.6
Mansfield-7.18
10 Day High1.45
10 Day Low0.11
20 Day High1.45
20 Day Low0.11
52 Week High4.35
52 Week Low0.11
CS1 EndN/A
CR1 Start0.88
Volume & EV
DER(3)-1.58%
DER(5)0.22%
Volume37.06M
Volume Incr1993.82%
Vol(5)156.94M
Vol(50)24.86M