LUMIRADX LTD -CW26 (LMDXW) Technical Analysis
NASDAQ:LMDXW
Current stock price
LMDXW Technical Rating and Analysis
Taking everything into account, LMDXW scores 0 out of 10 in our technical rating. LMDXW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than LMDXW.
- LMDXW is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month LMDXW has a been trading in the 0.00 - 0.01 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.
LMDXW Weekly and Daily overview Charts
LMDXW Setup Rating and Analysis
LMDXW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
LMDXW Support and Resistance Analysis
0.00
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LMDXW 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 LMDXW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMDXW is down. |
| ChartMill Relative Strength | 0.28 | NEGATIVE | LMDXW has a low relative strength, it was outperformed by 99.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMDXW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LMDXW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LMDXW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.51 | NEUTRAL | The RSI value for LMDXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LMDXW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.76 | NEUTRAL | The Stochastics value for LMDXW is a neutral value. |
| Average True Range in percent/ATR (20) | 70.24 | HIGH VOLATILITY | The high ATR as a percentage value for LMDXW suggests high volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for LMDXW suggests a possible start of a new trend. |
LMDXW Chart- and CandleStick Pattern Analysis
LMDXW Technicals: Chart, Performance Metrics, Trend & Indicators
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0 (-36.92%)
LUMIRADX LTD -CW26 / LMDXW TA FAQ
What is the technical rating for LMDXW stock?
ChartMill assigns a technical rating of 0 / 10 to LMDXW.
Can you provide the trend direction for LUMIRADX LTD -CW26?
The current trend direction for LUMIRADX LTD -CW26 (LMDXW) is Bearish.
What is the RSI signal for LUMIRADX LTD -CW26 (LMDXW) stock?
LUMIRADX LTD -CW26 (LMDXW) has an RSI value of 39.5108. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LUMIRADX LTD -CW26?
The buy/sell signal for LUMIRADX LTD -CW26 (LMDXW) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for LUMIRADX LTD -CW26 (LMDXW) stock?
LUMIRADX LTD -CW26 (LMDXW) has a resistance level at 0.01. Check the full technical report for our detailed analysis of LMDXW support and resistance levels.