LENSAR INC (LNSR) Stock Technical Analysis
NASDAQ:LNSR • US52634L1089
Taking everything into account, LNSR scores 3 out of 10 in our technical rating. LNSR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month LNSR has a been trading in the 11.31 - 12.94 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.
- LNSR is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 84% of 185 stocks in the same industry.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the yearly performance of all stocks, we notice that LNSR is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- LNSR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LNSR is lagging the market.
The technical rating of LNSR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.72
We found 3 important support areas.
- Support @11.31 from a horizontal line in the daily time frame.
- Support @11.00 from a trend line in the weekly time frame.
- Support @9.82 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.85 to 12.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for LNSR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNSR is neutral. |
| ChartMill Relative Strength | 75.5 | POSITIVE | LNSR has a high relative strength, it outperformed 75.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LNSR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LNSR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LNSR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.88 | NEUTRAL | The RSI value for LNSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests LNSR has a negative trend. |
| Stochastics (14,3) | 13.68 | OVERSOLD | The low Stochastics value suggests LNSR may be oversold. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for LNSR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.46 | POSITIVE | The high ADX value value for LNSR suggests a strong trend. |
11.32
-0.34 (-2.92%)
LENSAR INC / LNSR FAQ
What is the ChartMill technical rating of LENSAR INC (LNSR) stock?
ChartMill assigns a technical rating of 3 / 10 to LNSR.
Can you provide the trend direction for LENSAR INC?
The current trend direction for LENSAR INC (LNSR) is Bearish.
What is the RSI signal for LENSAR INC (LNSR) stock?
LENSAR INC (LNSR) has an RSI value of 33.8756. This indicates that the stock is currently neutral.
What is the MACD signal for LENSAR INC (LNSR) stock?
The MACD indicator for LENSAR INC (LNSR) has a value of -0.132761, indicating a bearish trend.
What is the support and resistance level for LNSR stock?
LENSAR INC (LNSR) has a support level at 11.31 and a resistance level at 11.85. Check the full technical report for our detailed analysis of LNSR support and resistance levels.