Loral Space Comm (LORL) Stock Technical Analysis
NASDAQ:LORL
Taking everything into account, LORL scores 5 out of 10 in our technical rating. In the last year, LORL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- 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 96% of 91 stocks in the same industry.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Looking at the yearly performance, LORL did better than 93% of all other 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 currently trading near new highs, so LORL is lagging the market.
LORL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
41.10
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 41.53 to 41.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 44.56 to 45.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for LORL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LORL is down. |
| ChartMill Relative Strength | 93.7 | POSITIVE | LORL has a high relative strength, it outperformed 93.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LORL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LORL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LORL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.68 | NEUTRAL | The RSI value for LORL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.23 | NEGATIVE | The MACD value suggests LORL has a negative trend. |
| Stochastics (14,3) | 6.19 | OVERSOLD | The low Stochastics value suggests LORL may be oversold. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for LORL suggests high volalility. |
41.52
-3.22 (-7.2%)
Loral Space Comm / LORL FAQ
What is the ChartMill technical rating of Loral Space Comm (LORL) stock?
ChartMill assigns a technical rating of 4 / 10 to LORL.
What is the trend direction for LORL stock?
The current trend direction for Loral Space Comm (LORL) is Bullish.
Can you provide the RSI signal for Loral Space Comm?
Loral Space Comm (LORL) has an RSI value of 33.6841. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Loral Space Comm?
The MACD indicator for Loral Space Comm (LORL) has a value of -1.23456, indicating a bearish trend.
Can you provide the short term momentum for Loral Space Comm?
The short term momentum for Loral Space Comm (LORL) is negative.