LUMEN TECHNOLOGIES INC (LUMN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LUMN - US5502411037 - Common Stock
We assign a technical rating of 7 out of 10 to LUMN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although LUMN 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.
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3.68
When analyzing the support we can see 5 important areas.
- Support @8.09 from a trend line in the daily time frame.
- A support zone ranging from 7.47 to 7.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.62 from a trend line in the weekly time frame.
- Support @4.42 from a trend line in the daily time frame.
- Support @3.72 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @9.14 from a trend line in the daily time frame.
- Resistance @9.58 from a horizontal 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 | UP | POSITIVE | The long term trend for LUMN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LUMN is neutral. |
| ChartMill Relative Strength | 90.43 | POSITIVE | LUMN has a high relative strength, it outperformed 90.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LUMN is above a declining 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) | UP | POSITIVE | The current price of LUMN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.43 | NEUTRAL | The RSI value for LUMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LUMN has a negative trend. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for LUMN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.07 | HIGH VOLATILITY | The high ATR as a percentage value for LUMN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.53 | NEGATIVE | The low ADX value for LUMN suggests a weak or negative trend. |
8.5
+0.13 (+1.55%)
LUMEN TECHNOLOGIES INC / LUMN FAQ
Can you provide the ChartMill technical rating for LUMEN TECHNOLOGIES INC?
ChartMill assigns a technical rating of 7 / 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 50.4282. 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 -0.00119873, 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 neutral.