Taking everything into account, LNAI scores 2 out of 10 in our technical rating. LNAI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
LNAI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.98. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for LNAI in the last couple of days, which is a good sign.
0.87
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 LNAI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LNAI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | LNAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LNAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LNAI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 43.55 | NEUTRAL | The RSI value for LNAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LNAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.72 | NEUTRAL | The Stochastics value for LNAI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.55 | HIGH VOLATILITY | The high ATR as a percentage value for LNAI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.96 | NEGATIVE | The low ADX value for LNAI suggests a weak or negative trend. |
0.9251
+0.01 (+0.65%)
ChartMill assigns a technical rating of 2 / 10 to LNAI.
The current trend direction for LUNAI BIOWORKS INC (LNAI) is Bullish.
LUNAI BIOWORKS INC (LNAI) has an RSI value of 43.5547. This indicates that the stock is currently neutral.
The short term momentum for LUNAI BIOWORKS INC (LNAI) is negative.
LUNAI BIOWORKS INC (LNAI) has a support level at 0.92 and a resistance level at 0.98. Check the full technical report for our detailed analysis of LNAI support and resistance levels.