LUMEN TECHNOLOGIES INC (LUMN) Technical Analysis
NYSE:LUMN • US5502411037
Current stock price
LUMN Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to LUMN. In the last year, LUMN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long and short term trends are both positive. This is looking good!
- LUMN is part of the Diversified Telecommunication Services industry. There are 37 other stocks in this industry. LUMN outperforms 77% of them.
- LUMN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- LUMN has an average volume of 12534400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, LUMN did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 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.
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. 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
LUMN Support and Resistance Analysis
5.52
5 important support areas can be observed.
- Support @7.00 from a trend line in the weekly time frame.
- Support @6.72 from a trend line in the daily time frame.
- A support zone ranging from 6.44 to 6.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.23 from a horizontal line in the daily time frame.
- Support @5.58 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.78 to 8.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.17 to 9.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | UP | POSITIVE | The long term trend for LUMN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LUMN is up. |
| ChartMill Relative Strength | 93.05 | POSITIVE | LUMN has a high relative strength, it outperformed 93.05% 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) | 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) | 62.79 | NEUTRAL | The RSI value for LUMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests LUMN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.23 | NEUTRAL | The Stochastics value for LUMN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for LUMN suggests high volalility. |
| Average Directional Index/ADX (14) | 30.52 | POSITIVE | The high ADX value value for LUMN suggests a strong trend. |
LUMN Chart- and CandleStick Pattern Analysis
LUMN Technicals: Chart, Performance Metrics, Trend & Indicators
8.72
-0.22 (-2.46%)
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 Bullish.
What is the RSI signal for LUMN stock?
LUMEN TECHNOLOGIES INC (LUMN) has an RSI value of 62.7943. This indicates that the stock is currently neutral.
What is the MACD signal for LUMN stock?
The MACD indicator for LUMEN TECHNOLOGIES INC (LUMN) has a value of 0.0820274, indicating a bearish trend.
What is the buy/sell signal for LUMN stock?
The buy/sell signal for LUMEN TECHNOLOGIES INC (LUMN) is buy as both the short term and long term trends are positive.