LUNA INNOVATIONS INC (LUNA) Technical Analysis
NASDAQ:LUNA • US5503511009
Current stock price
LUNA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to LUNA. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, LUNA is a bad performer in the overall market: 99% of all stocks are doing better.
- LUNA is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 90% of 124 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.
LUNA Weekly and Daily overview Charts
LUNA Setup Rating and Analysis
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
LUNA Support and Resistance Analysis
LUNA 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 | 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. |
LUNA Chart- and CandleStick Pattern Analysis
LUNA Technicals: Chart, Performance Metrics, Trend & Indicators
0.8891
-1.16 (-56.63%)
LUNA INNOVATIONS INC / LUNA TA FAQ
Can you provide the ChartMill technical rating for LUNA INNOVATIONS INC?
ChartMill assigns a technical rating of 1 / 10 to LUNA.
What is the current trend direction of LUNA INNOVATIONS INC (LUNA) stock?
The current trend direction for LUNA INNOVATIONS INC (LUNA) is Bearish.
What is the RSI signal for LUNA stock?
LUNA INNOVATIONS INC (LUNA) has an RSI value of 29.5004. This indicates that the stock is currently oversold.
Can you provide the MACD signal for LUNA INNOVATIONS INC?
The MACD indicator for LUNA INNOVATIONS INC (LUNA) has a value of -0.0336429, indicating a bearish trend.
Can you provide the short term momentum for LUNA INNOVATIONS INC?
The short term momentum for LUNA INNOVATIONS INC (LUNA) is neutral.