LENSAR INC (LNSR) Stock Technical Analysis
NASDAQ:LNSR - Nasdaq - US52634L1089 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to LNSR. In the last year, LNSR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, LNSR did better than 94% of all other stocks. We also observe that the gains produced by LNSR over the past year are nicely spread over this period.
LNSR is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. LNSR outperforms 96% of them.
LNSR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LNSR is lagging the market slightly.
In the last month LNSR has a been trading in the 11.97 - 13.47 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
LNSR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 13.21, a Stop Loss order could be placed below this zone.
More info and screens
12.09
14.33
We found 2 important support areas.
- A support zone ranging from 12.93 to 13.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.21 to 12.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Strong resistance @14.19 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for LNSR is up. |
| ChartMill Relative Strength | 94.92 | POSITIVE | LNSR has a high relative strength, it outperformed 94.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNSR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LNSR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LNSR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for LNSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests LNSR has a positive trend. |
| Stochastics (14,3) | 72.19 | NEUTRAL | The Stochastics value for LNSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for LNSR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.7 | NEGATIVE | The low ADX value for LNSR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 13.35 | 12.92 | 0.43 (3.18%) | 25.00% |
| An entry @13.35. This is a Buy Stop order right above the 10 day high. | An exit @12.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.43 points, which is 3.18%. | 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.
13.32
+0.22 (+1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.68%
1 Week3.26%
2 Weeks3.74%
1 Month7.33%
3 Month-4.24%
6 Month41.4%
12 Month144.85%
2 Year306.1%
3 Year111.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%2.52%
ATR Inc-39.42%
Range Today0.24
ADR(20)0.33
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.92
Mansfield2.72
10 Day High13.34
10 Day Low12.77
20 Day High13.47
20 Day Low11.97
52 Week High17.31
52 Week Low3.5
CS1 End13.21
CR1 Start14.19
Volume & EV
DER(3)-1.98%
DER(5)-1.92%
Volume38.40K
Volume Incr-62.16%
Vol(5)58.02K
Vol(50)124.13K