LUMEN TECHNOLOGIES INC (LUMN) Stock Technical Analysis
NYSE:LUMN - New York Stock Exchange, Inc. - US5502411037 - Common Stock - Currency: USD
Taking everything into account, LUMN scores 5 out of 10 in our technical rating. In the last year, LUMN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, LUMN is a bad performer in the overall market: 70% of all stocks are doing better.
LUMN is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 61% of 35 stocks in the same industry do better.
LUMN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month LUMN has a been trading in the 3.37 - 4.89 range, which is quite wide. It is currently trading near the high of this range.
LUMN has an average volume of 11505600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
3.68
4.75
3 important support areas can be observed.
- A support zone ranging from 4.13 to 4.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.85 from a trend line in the weekly time frame.
- A support zone ranging from 3.72 to 3.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @4.61 from a horizontal line in the weekly time frame.
- Resistance @4.70 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 | 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 | 30.26 | NEUTRAL | LUMN is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of LUMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.82 | 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. |
| Stochastics (14,3) | 84.43 | OVERBOUGHT | The high Stochastics value suggests LUMN may be overbought. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for LUMN suggests high volalility. |
| Average Directional Index/ADX (14) | 25.87 | 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)
4.59
-0.1 (-2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-2.13%
1 Week16.2%
2 Weeks22.4%
1 Month3.15%
3 Month23.39%
6 Month-1.5%
12 Month-26.32%
2 Year188.68%
3 Year-53.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%5.45%
ATR Inc25.06%
Range Today0.2
ADR(20)0.22
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.26
Mansfield-1.95
10 Day High4.89
10 Day Low3.63
20 Day High4.89
20 Day Low3.37
52 Week High10.33
52 Week Low3.01
CS1 End4.28
CR1 Start4.61
Volume & EV
DER(3)7.1%
DER(5)4.65%
Volume11.31M
Volume Incr12.07%
Vol(5)13.11M
Vol(50)11.51M