Taking everything into account, LUCY scores 0 out of 10 in our technical rating. LUCY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, LUCY does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.56. Right above this resistance zone may be a good entry point.
More info and screens
1.40
3 important resistance areas can be observed.
- Resistance @1.56 from a trend line in the daily time frame.
- Resistance @1.60 from a horizontal line in the daily time frame.
- Resistance @1.99 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for LUCY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LUCY is neutral. |
| ChartMill Relative Strength | 4.74 | NEGATIVE | LUCY has a low relative strength, it was outperformed by 95.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LUCY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LUCY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LUCY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.21 | NEUTRAL | The RSI value for LUCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LUCY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.19 | NEUTRAL | The Stochastics value for LUCY is a neutral value. |
| Average True Range in percent/ATR (20) | 8.48 | HIGH VOLATILITY | The high ATR as a percentage value for LUCY suggests high volalility. |
| Average Directional Index/ADX (14) | 18.54 | NEGATIVE | The low ADX value for LUCY suggests a weak or negative trend. |
1.41
-0.03 (-2.08%)
INNOVATIVE EYEWEAR INC / LUCY FAQ
Can you provide the ChartMill technical rating for INNOVATIVE EYEWEAR INC?
ChartMill assigns a technical rating of 0 / 10 to LUCY.
What is the trend direction for LUCY stock?
The current trend direction for INNOVATIVE EYEWEAR INC (LUCY) is Bearish.
What is the RSI signal for LUCY stock?
INNOVATIVE EYEWEAR INC (LUCY) has an RSI value of 41.2079. This indicates that the stock is currently neutral.
What is the MACD signal for INNOVATIVE EYEWEAR INC (LUCY) stock?
The MACD indicator for INNOVATIVE EYEWEAR INC (LUCY) has a value of 0.0113441, indicating a bearish trend.
Can you provide the short term momentum for INNOVATIVE EYEWEAR INC?
The short term momentum for INNOVATIVE EYEWEAR INC (LUCY) is neutral.