LENSAR INC (LNSR) Stock Technical Analysis
NASDAQ:LNSR • US52634L1089
We assign a technical rating of 6 out of 10 to LNSR. In the last year, LNSR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 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.
- LNSR is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry. LNSR outperforms 85% of them.
- In the last month LNSR has a been trading in the 11.86 - 12.94 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Looking at the yearly performance, LNSR did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- 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.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, LNSR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.04, a Stop Loss order could be placed below this zone.
More info and screens
10.80
We found 3 important support areas.
- A support zone ranging from 11.92 to 12.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.22 from a horizontal line in the daily time frame.
- Support @10.91 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.33 to 12.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.65 to 12.90. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for LNSR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNSR is neutral. |
| ChartMill Relative Strength | 78.12 | POSITIVE | LNSR has a high relative strength, it outperformed 78.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LNSR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNSR is above the rising 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) | 51.22 | NEUTRAL | The RSI value for LNSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LNSR has a negative trend. |
| Stochastics (14,3) | 31.46 | NEUTRAL | The Stochastics value for LNSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for LNSR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.86 | POSITIVE | The high ADX value value for LNSR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.44 | 12.04 | 0.40 (3.22%) | 25.00% |
| An entry @12.44. This is a Buy Stop order right above the resistance zone. | An exit @12.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.40 points, which is 3.22%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The distance between exit and entry is rather small compared to the average daily movement of LNSR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.23
-0.11 (-0.89%)
LENSAR INC / LNSR FAQ
What is the ChartMill technical rating of LENSAR INC (LNSR) stock?
ChartMill assigns a technical rating of 6 / 10 to LNSR.
Can you provide the trend direction for LENSAR INC?
The current trend direction for LENSAR INC (LNSR) is Bullish.
What is the RSI signal for LENSAR INC (LNSR) stock?
LENSAR INC (LNSR) has an RSI value of 51.219. 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 -0.0478485, indicating a bearish trend.
What is the support and resistance level for LNSR stock?
LENSAR INC (LNSR) has a support level at 12.04 and a resistance level at 12.33. Check the full technical report for our detailed analysis of LNSR support and resistance levels.