LUMEN TECHNOLOGIES INC (LUMN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LUMN - US5502411037 - Common Stock
7.69 USD
-0.08 (-1.03%)
7.7 USD
+0.01 (+0.13%)
Overall LUMN gets a technical rating of 6 out of 10. In the last year, LUMN was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month LUMN has a been trading in the 7.56 - 9.63 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that LUMN is one of the better performing stocks in the market, outperforming 90% of all stocks.
LUMN is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 80% of 37 stocks in the same industry.
LUMN has an average volume of 18837800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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.
Considerably lower volume is observed in the last couple of days.
LUMN has an average technical rating and it also does not offer a high quality setup 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
4.21
8.67
4 important support areas can be observed.
- Support @7.47 from a horizontal line in the daily time frame.
- Support @4.71 from a trend line in the weekly time frame.
- Support @4.52 from a trend line in the daily time frame.
- Support @4.25 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.74 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.20 to 8.28. 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 8.51 to 8.58. 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 LUMN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LUMN is down. |
| ChartMill Relative Strength | 90.37 | POSITIVE | LUMN has a high relative strength, it outperformed 90.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LUMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LUMN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LUMN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.79 | NEUTRAL | The RSI value for LUMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests LUMN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.06 | OVERSOLD | The low Stochastics value suggests LUMN may be oversold. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for LUMN suggests high volalility. |
| Average Directional Index/ADX (14) | 11.37 | NEGATIVE | The low ADX value for LUMN 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)
7.69
-0.08 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-1.03%
1 Week-1.91%
2 Weeks-11%
1 Month-4.94%
3 Month29.9%
6 Month70.51%
12 Month40.07%
2 Year320.22%
3 Year47.32%
5 Year-21.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%6.43%
ATR Inc-55.3%
Range Today0.15
ADR(20)0.49
ADR(20)%6.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.37
3 months CRS93.61
6 months CRS93.86
Mansfield2.86
10 Day High8.96
10 Day Low7.56
20 Day High9.63
20 Day Low7.56
52 Week High11.95
52 Week Low3.01
CS1 End7.47
CR1 Start7.74
Volume & EV
DER(3)0.58%
DER(5)0.45%
Volume5.18M
Volume Incr-11.69%
Vol(5)11.56M
Vol(50)18.84M
LUMEN TECHNOLOGIES INC / LUMN FAQ
Can you provide the ChartMill technical rating for LUMEN TECHNOLOGIES INC?
ChartMill assigns a technical rating of 6 / 10 to LUMN.
What is the current trend direction of LUMEN TECHNOLOGIES INC (LUMN) stock?
The current trend direction for LUMEN TECHNOLOGIES INC (LUMN) is Bullish.
Can you provide the RSI signal for LUMEN TECHNOLOGIES INC?
LUMEN TECHNOLOGIES INC (LUMN) has an RSI value of 42.7936. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LUMEN TECHNOLOGIES INC?
The MACD indicator for LUMEN TECHNOLOGIES INC (LUMN) has a value of -0.0696622, indicating a bearish trend.
Can you provide the short term momentum for LUMEN TECHNOLOGIES INC?
The short term momentum for LUMEN TECHNOLOGIES INC (LUMN) is negative.