USA - New York Stock Exchange - NYSE:LOAR - US53947R1059 - Common Stock
We assign a technical rating of 0 out of 10 to LOAR. LOAR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, LOAR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 68.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 64.48, a Stop Loss order could be placed below this zone.
62.82
We found 1 important support area.
5 important resistance areas can be observed.
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 | 15.96 | NEGATIVE | LOAR has a low relative strength, it was outperformed by 84.04% 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) | 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) | 41.62 | NEUTRAL | The RSI value for LOAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests LOAR has a positive trend. |
| Stochastics (14,3) | 54.74 | NEUTRAL | The Stochastics value for LOAR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for LOAR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.29 | NEUTRAL | The ADX value for LOAR suggests a possible start of a new trend. |
67.82
-0.48 (-0.7%)
ChartMill assigns a technical rating of 0 / 10 to LOAR.
The current trend direction for LOAR HOLDINGS INC (LOAR) is Bearish.
LOAR HOLDINGS INC (LOAR) has an RSI value of 41.6186. This indicates that the stock is currently neutral.
The MACD indicator for LOAR HOLDINGS INC (LOAR) has a value of 0.490933, indicating a bearish trend.
The short term momentum for LOAR HOLDINGS INC (LOAR) is negative.