AEYE INC (LIDR) Technical Analysis
NASDAQ:LIDR • US0081832042
Overall LIDR gets a technical rating of 3 out of 10. Although LIDR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- LIDR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LIDR is lagging the market.
- LIDR is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. LIDR outperforms 79% of them.
- When comparing the yearly performance of all stocks, we notice that LIDR is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month LIDR has a been trading in the 1.40 - 1.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, LIDR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.64. Right above this resistance zone may be a good entry point.
More info and screens
1.44
When analyzing the support we can see 2 important areas.
- Support @1.55 from a horizontal line in the weekly time frame.
- Support @1.45 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.64 to 1.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.75 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for LIDR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LIDR is down. |
| ChartMill Relative Strength | 93.64 | POSITIVE | LIDR has a high relative strength, it outperformed 93.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LIDR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LIDR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LIDR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.09 | NEUTRAL | The RSI value for LIDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LIDR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.67 | NEUTRAL | The Stochastics value for LIDR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for LIDR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.92 | NEGATIVE | The low ADX value for LIDR suggests a weak or negative trend. |
LIDR Technicals: Chart, Performance Metrics, Trend & Indicators
1.56
-0.08 (-4.88%)
AEYE INC / LIDR FAQ
What is the ChartMill technical rating of AEYE INC (LIDR) stock?
ChartMill assigns a technical rating of 3 / 10 to LIDR.
What is the current trend direction of AEYE INC (LIDR) stock?
The current trend direction for AEYE INC (LIDR) is Bearish.
What is the RSI signal for AEYE INC (LIDR) stock?
AEYE INC (LIDR) has an RSI value of 41.0874. This indicates that the stock is currently neutral.
What is the MACD signal for LIDR stock?
The MACD indicator for AEYE INC (LIDR) has a value of 0.0133249, indicating a bearish trend.
What is the buy/sell signal for AEYE INC (LIDR) stock?
The buy/sell signal for AEYE INC (LIDR) is sell as both the short term and long term trends are negative.