LUMIRADX LTD (LMDX) Technical Analysis
NASDAQ:LMDX • KYG5709L1095
Current stock price
LMDX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LMDX. LMDX's overall performance in the market is below average. Also 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.
- 100% of all other stocks performed better in the past year than LMDX.
- LMDX is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 90% of 188 stocks in the same industry do better.
- LMDX is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so LMDX is lagging the market.
- In the last month LMDX has a been trading in the 0.02 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- LMDX has an average volume of 21398300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LMDX Weekly and Daily overview Charts
LMDX Setup Rating and Analysis
The technical rating of LMDX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LMDX Support and Resistance Analysis
LMDX 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 | DOWN | NEGATIVE | The long term trend for LMDX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMDX is down. |
| ChartMill Relative Strength | 0.22 | NEGATIVE | LMDX has a low relative strength, it was outperformed by 99.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LMDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LMDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.8 | OVERSOLD | The low RSI value suggests LMDX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LMDX has a negative trend. |
| Stochastics (14,3) | 1.55 | OVERSOLD | The low Stochastics value suggests LMDX may be oversold. |
| Average True Range in percent/ATR (20) | 81.34 | HIGH VOLATILITY | The high ATR as a percentage value for LMDX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.98 | NEUTRAL | The ADX value for LMDX suggests a possible start of a new trend. |
LMDX Chart- and CandleStick Pattern Analysis
LMDX Technicals: Chart, Performance Metrics, Trend & Indicators
0.016
-0.02 (-53.49%)
LUMIRADX LTD / LMDX TA FAQ
Can you provide the ChartMill technical rating for LUMIRADX LTD?
ChartMill assigns a technical rating of 0 / 10 to LMDX.
What is the current trend direction of LUMIRADX LTD (LMDX) stock?
The current trend direction for LUMIRADX LTD (LMDX) is Bearish.
Can you provide the RSI signal for LUMIRADX LTD?
LUMIRADX LTD (LMDX) has an RSI value of 23.7971. This indicates that the stock is currently oversold.
Can you provide the MACD signal for LUMIRADX LTD?
The MACD indicator for LUMIRADX LTD (LMDX) has a value of -0.00498755, indicating a bearish trend.