LENSAR INC (LNSR) Stock Technical Analysis
USA - NASDAQ:LNSR - US52634L1089 - Common Stock
Overall LNSR gets a technical rating of 6 out of 10. 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.
Although the technical rating is only medium, LNSR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 12.23, a Stop Loss order could be placed below this zone.
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11.48
When analyzing the support we notice one important area.
- A support zone ranging from 11.60 to 12.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 12.31 to 12.43. 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.
- Resistance @13.33 from a horizontal line in the daily time frame.
- Resistance @14.12 from a horizontal line in the weekly 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 | 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 | 93.15 | POSITIVE | LNSR has a high relative strength, it outperformed 93.15% 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 | MIXED | The current price of LNSR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.73 | NEUTRAL | The RSI value for LNSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LNSR has a positive trend. |
| Stochastics (14,3) | 62.67 | NEUTRAL | The Stochastics value for LNSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for LNSR suggests some volalility. |
| Average Directional Index/ADX (14) | 11.03 | NEGATIVE | The low ADX value for LNSR suggests a weak or negative 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 | 11.72 | 0.72 (5.83%) | 17.16% |
| An entry @12.44. This is a Buy Stop order right above the resistance zone. | An exit @11.71. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.72 points, which is 5.83%. | For a 1.00% total portfolio risk, you can invest 17.16% of your capital in this trade. |
- 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.
12.3
+0.25 (+2.07%)
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.
What is the trend direction for LNSR stock?
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 55.7326. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LENSAR INC?
The MACD indicator for LENSAR INC (LNSR) has a value of 0.0329463, indicating a bearish trend.