LIDR Technical Analysis - AEYE INC

Technical Rating and Analysis

We assign a technical rating of 8 out of 10 to LIDR. 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.

In the last month LIDR has a been trading in the 2.37 - 3.49 range, which is quite wide. It is currently trading near the lows of this range.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.

LIDR is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 92% of 125 stocks in the same industry.

LIDR has an average volume of 23352800 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 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

LIDR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LIDR is lagging the market.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although LIDR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.99

2.94

2 important support areas can be observed.

A support zone ranging from 2.64 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @1.00 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 2.80 to 2.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @2.91 from a trend line in the daily time frame.

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What is Support and Resistance

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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	UP	POSITIVE	The long term trend for LIDR is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for LIDR is neutral.
ChartMill Relative Strength	98.49	POSITIVE	LIDR has a high relative strength, it outperformed 98.49% 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)	UP	POSITIVE	The current price of LIDR is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of LIDR is above the rising SMA(200).
Relative Strength Index/RSI (14)	48.83	NEUTRAL	The RSI value for LIDR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests LIDR has a negative trend.
Stochastics (14,3)	11.07	OVERSOLD	The low Stochastics value suggests LIDR may be oversold.
Average True Range in percent/ATR (20)	10.49	HIGH VOLATILITY	The high ATR as a percentage value for LIDR suggests high volalility.
Average Directional Index/ADX (14)	32.55	POSITIVE	The high ADX value value for LIDR suggests a strong trend.