LUCID DIAGNOSTICS INC (LUCD) Stock Technical Analysis
NASDAQ:LUCD • US54948X1090
Overall LUCD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LUCD is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- LUCD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 184 stocks in the same industry.
- In the last month LUCD has a been trading in the 1.11 - 1.50 range, which is quite wide. It is currently trading near the high of this range.
- LUCD has an average volume of 1462760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that LUCD is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- LUCD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LUCD is lagging the market.
Although LUCD has an excellent technical rating, it does not present a decent entry opportunity 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
1.01
4 important support areas can be observed.
- Support @1.13 from a trend line in the daily time frame.
- Support @1.09 from a trend line in the weekly time frame.
- A support zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.60 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for LUCD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LUCD is up. |
| ChartMill Relative Strength | 75.02 | POSITIVE | LUCD has a high relative strength, it outperformed 75.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LUCD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LUCD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LUCD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.69 | NEUTRAL | The RSI value for LUCD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LUCD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.72 | OVERBOUGHT | The high Stochastics value suggests LUCD may be overbought. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for LUCD suggests high volalility. |
| Average Directional Index/ADX (14) | 48.36 | POSITIVE | The high ADX value value for LUCD suggests a strong trend. |
1.44
-0.03 (-2.04%)
LUCID DIAGNOSTICS INC / LUCD FAQ
What is the technical rating for LUCD stock?
ChartMill assigns a technical rating of 8 / 10 to LUCD.
Can you provide the trend direction for LUCID DIAGNOSTICS INC?
The current trend direction for LUCID DIAGNOSTICS INC (LUCD) is Bullish.
What is the RSI signal for LUCD stock?
LUCID DIAGNOSTICS INC (LUCD) has an RSI value of 64.6916. This indicates that the stock is currently neutral.
What is the MACD signal for LUCID DIAGNOSTICS INC (LUCD) stock?
The MACD indicator for LUCID DIAGNOSTICS INC (LUCD) has a value of 0.0169131, indicating a bearish trend.
What is the buy/sell signal for LUCID DIAGNOSTICS INC (LUCD) stock?
The buy/sell signal for LUCID DIAGNOSTICS INC (LUCD) is buy as both the short term and long term trends are positive.