LUMEN TECHNOLOGIES INC (LUMN) Technical Analysis
NYSE:LUMN • US5502411037
Current stock price
8.59 USD
+0.79 (+10.13%)
At close:
8.7499 USD
+0.16 (+1.86%)
After Hours:
LUMN Technical Rating and Analysis
Overall LUMN gets a technical rating of 8 out of 10. 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.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, LUMN did better than 93% of all other stocks. We also observe that the gains produced by LUMN over the past year are nicely spread over this period.
- LUMN is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 86% of 37 stocks in the same industry.
- In the last month LUMN has a been trading in the 6.32 - 8.69 range, which is quite wide. It is currently trading near the high of this range.
- LUMN has an average volume of 14166200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LUMN Weekly and Daily overview Charts
LUMN Setup Rating and Analysis
Although LUMN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LUMN Support and Resistance Analysis
5.43
9.67
We found 6 important support areas.
- A support zone ranging from 7.37 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.83 from a trend line in the weekly time frame.
- Support @6.57 from a trend line in the daily time frame.
- Support @6.44 from a horizontal line in the daily time frame.
- Support @6.23 from a horizontal line in the daily time frame.
- Support @5.48 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @8.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.83 to 8.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.57 from a horizontal line in the daily time frame.
LUMN Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for LUMN is up. |
| ChartMill Relative Strength | 93.94 | POSITIVE | LUMN has a high relative strength, it outperformed 93.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LUMN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LUMN is above a declining 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) | 71.13 | OVERBOUGHT | The high RSI value suggests LUMN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests LUMN has a positive trend. |
| Stochastics (14,3) | 92.07 | OVERBOUGHT | The high Stochastics value suggests LUMN may be overbought. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for LUMN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.96 | NEGATIVE | The low ADX value for LUMN suggests a weak or negative trend. |
LUMN Chart- and CandleStick Pattern Analysis
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)
LUMN Technicals: Chart, Performance Metrics, Trend & Indicators
8.59
+0.79 (+10.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg10.13%
1 Week21.16%
2 Weeks23.6%
1 Month26.14%
3 Month1.66%
6 Month24.49%
12 Month161.09%
2 Year621.85%
3 Year262.45%
5 Year-33.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%5.22%
ATR Inc29.03%
Range Today0.71
ADR(20)0.42
ADR(20)%4.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.94
3 months CRS64.49
6 months CRS86.31
Mansfield2.77
10 Day High8.69
10 Day Low6.32
20 Day High8.69
20 Day Low6.32
52 Week High11.95
52 Week Low3.01
CS1 End7.49
CR1 Start8.6
Volume & EV
DER(3)2.16%
DER(5)3.46%
Volume23.12M
Volume Incr43.66%
Vol(5)17.28M
Vol(50)14.17M
LUMEN TECHNOLOGIES INC / LUMN TA FAQ
Can you provide the ChartMill technical rating for LUMEN TECHNOLOGIES INC?
ChartMill assigns a technical rating of 8 / 10 to LUMN.
Can you provide the trend direction for LUMEN TECHNOLOGIES INC?
The current trend direction for LUMEN TECHNOLOGIES INC (LUMN) is Bearish.
What is the RSI signal for LUMN stock?
LUMEN TECHNOLOGIES INC (LUMN) has an RSI value of 71.1314. This indicates that the stock is currently overbought.
What is the MACD signal for LUMN stock?
The MACD indicator for LUMEN TECHNOLOGIES INC (LUMN) has a value of 0.197988, indicating a bearish trend.