LIGHT & WONDER INC (LNW) Technical Analysis
NASDAQ:LNW • US80874P1093
Current stock price
86.22 USD
-3.33 (-3.72%)
At close:
90.84 USD
+4.62 (+5.36%)
After Hours:
LNW Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to LNW. In the past year, LNW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, LNW is a bad performer in the overall market: 65% of all stocks are doing better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month LNW has a been trading in the 70.76 - 92.48 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- LNW has an average volume of 2171150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LNW is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 48% of 126 stocks in the same industry.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LNW Weekly and Daily overview Charts
LNW Setup Rating and Analysis
LNW has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
LNW Support and Resistance Analysis
85.36
113.70
We can see 3 important resistance areas.
- A resistance zone ranging from 86.23 to 86.90. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 89.55 to 90.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @112.57 from a horizontal line in the weekly time frame.
LNW 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 LNW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LNW is up. |
| ChartMill Relative Strength | 35.76 | NEUTRAL | LNW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LNW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.2 | NEUTRAL | The RSI value for LNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.06 | POSITIVE | The MACD value suggests LNW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.68 | OVERBOUGHT | The high Stochastics value suggests LNW may be overbought. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for LNW suggests some volalility. |
| Average Directional Index/ADX (14) | 44.08 | POSITIVE | The high ADX value value for LNW suggests a strong trend. |
LNW Chart- and CandleStick Pattern Analysis
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)
LNW Technicals: Chart, Performance Metrics, Trend & Indicators
86.22
-3.33 (-3.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.72%
1 Week17.42%
2 Weeks17.32%
1 Month10.48%
3 Month-2.26%
6 Month2%
12 Month-7.53%
2 Year-2.49%
3 Year33.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.14
ATR(20)%4.13%
ATR Inc99.45%
Range Today7.3
ADR(20)3.23
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.76
3 months CRS41.73
6 months CRS39.83
Mansfield-1.29
10 Day High92.49
10 Day Low70.76
20 Day High92.49
20 Day Low70.76
52 Week High113.94
52 Week Low69.56
CS1 EndN/A
CR1 Start86.23
Volume & EV
DER(3)2.75%
DER(5)2.31%
Volume38.91M
Volume Incr776.48%
Vol(5)11.51M
Vol(50)2.17M
LIGHT & WONDER INC / LNW TA FAQ
What is the technical rating for LNW stock?
ChartMill assigns a technical rating of 4 / 10 to LNW.
What is the current trend direction of LIGHT & WONDER INC (LNW) stock?
The current trend direction for LIGHT & WONDER INC (LNW) is Bearish.
What is the RSI signal for LNW stock?
LIGHT & WONDER INC (LNW) has an RSI value of 63.1979. This indicates that the stock is currently neutral.
What is the MACD signal for LNW stock?
The MACD indicator for LIGHT & WONDER INC (LNW) has a value of 2.06061, indicating a bullish trend.
What is the short term momentum for LIGHT & WONDER INC (LNW) stock?
The short term momentum for LIGHT & WONDER INC (LNW) is positive.