LUMEN TECHNOLOGIES INC (LUMN) Stock Technical Analysis
NYSE:LUMN - New York Stock Exchange, Inc. - US5502411037 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to LUMN. LUMN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
LUMN is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 93% of 32 stocks in the same industry.
LUMN has an average volume of 11015000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that LUMN is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by LUMN over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
LUMN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LUMN is lagging the market.
In the last month LUMN has a been trading in the 3.87 - 4.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LUMN has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
3.67
4.66
We found 3 important support areas.
- A support zone ranging from 4.33 to 4.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.17 to 4.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.71 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.42 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 4.60 to 4.61. 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 LUMN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LUMN is neutral. |
| ChartMill Relative Strength | 97.42 | POSITIVE | LUMN has a high relative strength, it outperformed 97.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LUMN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LUMN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LUMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.4 | NEUTRAL | The RSI value for LUMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LUMN has a negative trend. |
| Stochastics (14,3) | 30.84 | NEUTRAL | The Stochastics value for LUMN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for LUMN suggests some volalility. |
| Average Directional Index/ADX (14) | 34.81 | POSITIVE | The high ADX value value for LUMN suggests a strong 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)
4.36
-0.03 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.68%
1 Week-2.46%
2 Weeks-5.22%
1 Month9.55%
3 Month32.52%
6 Month-22.97%
12 Month215.94%
2 Year143.58%
3 Year-59.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%4.53%
ATR Inc6.26%
Range Today0.13
ADR(20)0.19
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.42
Mansfield-2.34
10 Day High4.71
10 Day Low4.32
20 Day High4.72
20 Day Low3.87
52 Week High10.33
52 Week Low1.39
CS1 End4.35
CR1 Start4.42
Volume & EV
DER(3)1.15%
DER(5)1.68%
Volume7.08M
Volume Incr-24.59%
Vol(5)8.41M
Vol(50)11.02M