We assign a technical rating of 5 out of 10 to LORL. LORL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month LORL has a been trading in the 41.46 - 56.54 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
LORL is one of the better performing stocks in the Media industry, it outperforms 89% of 96 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that LORL is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
LORL 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 LORL is lagging the market slightly.