LNSR Technical Analysis - LENSAR INC

Technical Rating and Analysis

Taking everything into account, LNSR scores 4 out of 10 in our technical rating. Although LNSR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month LNSR has a been trading in the 12.00 - 12.83 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been consolidating recently, but much resistance may still be present above.

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 191 other stocks in this industry. LNSR outperforms 94% of them.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is only medium, LNSR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.05, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.91

13.46

We found 1 important support area.

A support zone ranging from 12.03 to 12.05. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

A resistance zone ranging from 12.22 to 12.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @12.90 from a horizontal line in the daily time frame.
A resistance zone ranging from 13.17 to 13.33. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	NEUTRAL	NEUTRAL	The long term trend for LNSR is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for LNSR is down.
ChartMill Relative Strength	94.12	POSITIVE	LNSR has a high relative strength, it outperformed 94.12% 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)	UP	MIXED	The current price of LNSR is below the rising SMA(200).
Relative Strength Index/RSI (14)	43.24	NEUTRAL	The RSI value for LNSR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests LNSR has a negative trend.
Stochastics (14,3)	13.25	OVERSOLD	The low Stochastics value suggests LNSR may be oversold.
Average True Range in percent/ATR (20)	2.42	MEDIUM VOLATILITY	The ATR as a percentage value for LNSR suggests some volalility.
Average Directional Index/ADX (14)	15.1	NEGATIVE	The low ADX value for LNSR suggests a weak or negative trend.