LIGHT & WONDER INC (LNW) Stock Technical Analysis
NASDAQ:LNW - US80874P1093 - Common Stock
92.18 USD
+2.14 (+2.38%)
92.18 USD
0 (0%)
We assign a technical rating of 3 out of 10 to LNW. LNW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, LNW is a bad performer in the overall market: 78% of all stocks are doing better.
LNW is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 60% of 131 stocks in the same industry do better.
In the last month LNW has a been trading in the 69.56 - 99.98 range, which is quite wide. It is currently trading near the high of this range.
LNW has an average volume of 1035460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
LNW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LNW is lagging the market.
Although the technical rating is bad, LNW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 91.37, a Stop Loss order could be placed below this zone.
More info and screens
76.82
113.70
2 important support areas can be observed.
- A support zone ranging from 88.75 to 91.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 77.60 to 79.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @94.87 from a trend line in the weekly time frame.
- Resistance @97.38 from a trend line in the daily time frame.
- A resistance zone ranging from 99.52 to 101.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @112.57 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 LNW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNW is neutral. |
| ChartMill Relative Strength | 22.17 | NEGATIVE | LNW has a low relative strength, it was outperformed by 77.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LNW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LNW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LNW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.58 | NEUTRAL | The RSI value for LNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests LNW has a positive trend. |
| Stochastics (14,3) | 82.24 | OVERBOUGHT | The high Stochastics value suggests LNW may be overbought. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for LNW suggests some volalility. |
| Average Directional Index/ADX (14) | 23.56 | NEUTRAL | The ADX value for LNW suggests a possible start of a new 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)
92.18
+2.14 (+2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.38%
1 Week4.5%
2 Weeks16.89%
1 Month-5.75%
3 Month7.17%
6 Month-9.48%
12 Month-14.76%
2 Year20.23%
3 Year87.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.66
ATR(20)%4.26%
ATR Inc-48.95%
Range Today3.12
ADR(20)3.18
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.17
Mansfield-0.99
10 Day High92.92
10 Day Low79.95
20 Day High99.99
20 Day Low69.56
52 Week High115
52 Week Low69.56
CS1 End91.37
CR1 Start94.87
Volume & EV
DER(3)1.12%
DER(5)0.47%
Volume922.90K
Volume Incr-14.24%
Vol(5)1.12M
Vol(50)1.04M