Overall LNW gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. LNW was also a bad performer in the overall market in the last year.
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
85.36
3 important resistance areas can be observed.
- 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.
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. |
86.22
-3.33 (-3.72%)
LIGHT & WONDER INC / LNW FAQ
What is the technical rating for LNW stock?
ChartMill assigns a technical rating of 4 / 10 to LNW.
What is the trend direction for LNW stock?
The current trend direction for LIGHT & WONDER INC (LNW) is Bearish.
Can you provide the RSI signal for LIGHT & WONDER INC?
LIGHT & WONDER INC (LNW) has an RSI value of 63.1979. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LIGHT & WONDER INC?
The short term momentum for LIGHT & WONDER INC (LNW) is positive.
What are the support and resistance levels for LIGHT & WONDER INC (LNW) stock?
LIGHT & WONDER INC (LNW) has a resistance level at 86.23. Check the full technical report for our detailed analysis of LNW support and resistance levels.