We assign a technical rating of 7 out of 10 to LNSR. Although LNSR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Besides having an excellent technical rating, LNSR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 11.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LNSR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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10.18
We found 3 important support areas.
- A support zone ranging from 11.88 to 11.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.25 to 11.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.28 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @12.02 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 12.43 to 12.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.90 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 | NEUTRAL | NEUTRAL | The long term trend for LNSR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LNSR is up. |
| ChartMill Relative Strength | 83.17 | POSITIVE | LNSR has a high relative strength, it outperformed 83.17% 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) | 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) | 62.99 | NEUTRAL | The RSI value for LNSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests LNSR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.41 | OVERBOUGHT | The high Stochastics value suggests LNSR may be overbought. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for LNSR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.31 | 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 |
|---|---|---|---|
| 12.03 | 11.87 | 0.16 (1.33%) | 25.00% |
| An entry @12.03. This is a Buy Stop order right above the resistance zone. | An exit @11.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.16 points, which is 1.33%. | For a 0.33% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
11.95
-0.06 (-0.5%)
LENSAR INC / LNSR FAQ
What is the ChartMill technical rating of LENSAR INC (LNSR) stock?
ChartMill assigns a technical rating of 7 / 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 62.9947. 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 0.0739657, indicating a bearish trend.