AEYE INC (LIDR) Stock Technical Analysis
NASDAQ:LIDR - Nasdaq - US0081832042 - Common Stock - Currency: USD
Overall LIDR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LIDR is showing a nice and steady performance.
LIDR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both positive. This is looking good!
In the last month LIDR has a been trading in the 0.71 - 1.30 range, which is quite wide. It is currently trading near the high of this range.
LIDR has an average volume of 1458250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that LIDR is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
LIDR is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, LIDR did better than 55% of them.
Besides having an excellent technical rating, LIDR also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for LIDR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.84
1.15
When analyzing the support we can see 3 important areas.
- Support @1.02 from a trend line in the daily time frame.
- Support @0.97 from a horizontal line in the daily time frame.
- A support zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- Resistance @1.14 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for LIDR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LIDR is up. |
| ChartMill Relative Strength | 80.99 | POSITIVE | LIDR has a high relative strength, it outperformed 80.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LIDR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LIDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LIDR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.39 | NEUTRAL | The RSI value for LIDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LIDR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.19 | NEUTRAL | The Stochastics value for LIDR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.65 | HIGH VOLATILITY | The high ATR as a percentage value for LIDR suggests high volalility. |
| Average Directional Index/ADX (14) | 35.61 | POSITIVE | The high ADX value value for LIDR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.15 | 1.01 | 0.14 (12.17%) | 8.21% |
| An entry @1.15. This is a Buy Stop order right above the resistance zone. | An exit @1.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 12.17%. | For a 1.00% total portfolio risk, you can invest 8.21% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LIDR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.13
-0.09 (-7.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-7.38%
1 Week0%
2 Weeks6.6%
1 Month32.01%
3 Month74.52%
6 Month-2.59%
12 Month-26.14%
2 Year-90.34%
3 Year-98.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%11.65%
ATR Inc8.07%
Range Today0.07
ADR(20)0.12
ADR(20)%10.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.99
Mansfield0.26
10 Day High1.3
10 Day Low0.97
20 Day High1.3
20 Day Low0.71
52 Week High4.3
52 Week Low0.49
CS1 End1.02
CR1 Start1.14
Volume & EV
DER(3)3.52%
DER(5)-4.07%
Volume1.03M
Volume Incr-36.16%
Vol(5)1.27M
Vol(50)1.46M