LOAR HOLDINGS INC (LOAR) Stock Technical Analysis
NYSE:LOAR - New York Stock Exchange, Inc. - US53947R1059 - Common Stock - Currency: USD
Overall LOAR gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, LOAR is a bad performer in the overall market: 62% of all stocks are doing better.
LOAR is one of the lesser performing stocks in the Aerospace & Defense industry. 76% of 68 stocks in the same industry do better.
In the last month LOAR has a been trading in the 70.32 - 82.14 range, which is quite wide. It is currently trading near the lows of this range.
LOAR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LOAR is lagging the market slightly.
The technical rating of LOAR is bad and it also does not present a 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
62.82
91.36
We found 3 important support areas.
- Support @70.75 from a trend line in the weekly time frame.
- Support @64.97 from a horizontal line in the weekly time frame.
- Support @63.45 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 73.13 to 73.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 79.35 to 79.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @84.26 from a trend line in the daily time frame.
- Resistance @90.46 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 | 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 | 38.73 | NEUTRAL | LOAR is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of LOAR is below a declining 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) | 33.48 | NEUTRAL | The RSI value for LOAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests LOAR has a negative trend. |
| Stochastics (14,3) | 15.47 | OVERSOLD | The low Stochastics value suggests LOAR may be oversold. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for LOAR suggests some volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for LOAR suggests a strong 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)
71.4
-2.51 (-3.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-3.4%
1 Week-2.99%
2 Weeks-6.24%
1 Month-12.89%
3 Month-24.52%
6 Month-10.17%
12 Month24.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.37
ATR(20)%3.4%
ATR Inc44.88%
Range Today2.96
ADR(20)2.38
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.73
Mansfield-1.53
10 Day High76.72
10 Day Low70.32
20 Day High82.14
20 Day Low70.32
52 Week High99.67
52 Week Low52.26
CS1 End70.75
CR1 Start73.13
Volume & EV
DER(3)-0.94%
DER(5)-0.58%
Volume594.00K
Volume Incr-6.4%
Vol(5)829.42K
Vol(50)996.56K