LOAR HOLDINGS INC (LOAR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:LOAR • US53947R1059
Taking everything into account, LOAR scores 1 out of 10 in our technical rating. LOAR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than LOAR.
- LOAR is one of the lesser performing stocks in the Aerospace & Defense industry. 74% of 72 stocks in the same industry do better.
- LOAR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month LOAR has a been trading in the 63.54 - 75.61 range, which is quite wide. It is currently trading near the lows of this range.
LOAR has a poor technical rating and the quality of the setup is also only medium 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
63.20
When analyzing the support we notice one important area.
- A support zone ranging from 63.84 to 64.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @66.15 from a trend line in the weekly time frame.
- A resistance zone ranging from 69.45 to 70.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 72.86 to 72.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 74.86 to 75.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for LOAR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOAR is down. |
| ChartMill Relative Strength | 18.96 | NEGATIVE | LOAR has a low relative strength, it was outperformed by 81.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LOAR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LOAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.92 | NEUTRAL | The RSI value for LOAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests LOAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.91 | OVERSOLD | The low Stochastics value suggests LOAR may be oversold. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for LOAR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.88 | NEUTRAL | The ADX value for LOAR suggests a possible start of a new trend. |
65.55
+0.53 (+0.82%)
LOAR HOLDINGS INC / LOAR FAQ
What is the ChartMill technical rating of LOAR HOLDINGS INC (LOAR) stock?
ChartMill assigns a technical rating of 1 / 10 to LOAR.
What is the trend direction for LOAR stock?
The current trend direction for LOAR HOLDINGS INC (LOAR) is Bearish.
What is the RSI signal for LOAR HOLDINGS INC (LOAR) stock?
LOAR HOLDINGS INC (LOAR) has an RSI value of 34.9219. This indicates that the stock is currently neutral.
What is the MACD signal for LOAR stock?
The MACD indicator for LOAR HOLDINGS INC (LOAR) has a value of -0.799675, indicating a bearish trend.
Can you provide the support and resistance levels for LOAR HOLDINGS INC?
LOAR HOLDINGS INC (LOAR) has a support level at 64.97 and a resistance level at 66.15. Check the full technical report for our detailed analysis of LOAR support and resistance levels.