LUNA INNOVATIONS INC (LUNA) Stock Technical Analysis
NASDAQ:LUNA - Nasdaq - US5503511009 - Common Stock - Currency: USD
Taking everything into account, LUNA scores 1 out of 10 in our technical rating. LUNA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
99% of all other stocks performed better in the past year than LUNA.
LUNA is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 93% of 125 stocks in the same industry do better.
LUNA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month LUNA has a been trading in the 0.80 - 2.47 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of LUNA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.88
0.90
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 | DOWN | NEGATIVE | The long term trend for LUNA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LUNA is neutral. |
| ChartMill Relative Strength | 1.37 | NEGATIVE | LUNA has a low relative strength, it was outperformed by 98.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LUNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LUNA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LUNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.5 | OVERSOLD | The low RSI value suggests LUNA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LUNA has a negative trend. |
| Stochastics (14,3) | 38.2 | NEUTRAL | The Stochastics value for LUNA is a neutral value. |
| Average True Range in percent/ATR (20) | 26.09 | HIGH VOLATILITY | The high ATR as a percentage value for LUNA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.63 | NEUTRAL | The ADX value for LUNA suggests a possible start of a new 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)
0.8891
-1.16 (-56.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-56.63%
1 Week-59.03%
2 Weeks-42.64%
1 Month-49.77%
3 Month-53.21%
6 Month-69.96%
12 Month-87.11%
2 Year-89.94%
3 Year-87.8%
5 Year-89.14%
10 Year-47.08%
15 Year-68.58%
Volatility
ATR(14)0.28
ATR(20)%26.09%
ATR Inc253.32%
Range Today0.74
ADR(20)0.2
ADR(20)%22.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.37
Mansfield-7.53
10 Day High2.47
10 Day Low0.8
20 Day High2.47
20 Day Low0.8
52 Week High7.92
52 Week Low0.8
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-11.99%
DER(5)-5.44%
Volume12.31M
Volume Incr990.72%
Vol(5)2.77M
Vol(50)461.44K