LUCID DIAGNOSTICS INC (LUCD) Stock Technical Analysis
NASDAQ:LUCD - Nasdaq - US54948X1090 - Common Stock - Currency: USD
Overall LUCD gets a technical rating of 2 out of 10. Although LUCD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month LUCD has a been trading in the 1.16 - 1.70 range, which is quite wide. It is currently trading near the lows of this range.
LUCD is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. LUCD outperforms 91% of them.
LUCD has an average volume of 1251830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, LUCD did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
LUCD 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 LUCD is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, LUCD 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 1.27. Right above this resistance zone may be a good entry point.
More info and screens
0.86
1.60
When analyzing the support we can see 5 important areas.
- Support @1.23 from a trend line in the weekly time frame.
- Support @1.19 from a trend line in the daily time frame.
- Support @1.12 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.09 to 1.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.87 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.27 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for LUCD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LUCD is down. |
| ChartMill Relative Strength | 90.76 | POSITIVE | LUCD has a high relative strength, it outperformed 90.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LUCD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LUCD is below a declining 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) | 46.57 | NEUTRAL | The RSI value for LUCD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LUCD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.32 | NEUTRAL | The Stochastics value for LUCD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.39 | HIGH VOLATILITY | The high ATR as a percentage value for LUCD suggests high volalility. |
| Average Directional Index/ADX (14) | 11.44 | NEGATIVE | The low ADX value for LUCD suggests a weak or negative 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)
1.26
+0.03 (+2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.44%
1 Week-1.56%
2 Weeks3.28%
1 Month-3.08%
3 Month-17.11%
6 Month61.33%
12 Month81.84%
2 Year-9.35%
3 Year-44.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.39%
ATR Inc-26.21%
Range Today0.06
ADR(20)0.1
ADR(20)%8.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.76
Mansfield1.59
10 Day High1.34
10 Day Low1.16
20 Day High1.7
20 Day Low1.16
52 Week High1.8
52 Week Low0.71
CS1 End1.23
CR1 Start1.27
Volume & EV
DER(3)-3.11%
DER(5)-1.09%
Volume752.90K
Volume Incr-42.89%
Vol(5)714.84K
Vol(50)1.25M