PULMONX CORP (LUNG) Technical Analysis
NASDAQ:LUNG • US7458481014
Current stock price
LUNG Technical Rating and Analysis
Taking everything into account, LUNG scores 0 out of 10 in our technical rating. LUNG 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, LUNG is a bad performer in the overall market: 98% of all stocks are doing better.
- LUNG is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 82% of 188 stocks in the same industry do better.
- LUNG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LUNG is lagging the market.
- In the last month LUNG has a been trading in the 1.13 - 2.16 range, which is quite wide. It is currently trading near the lows of this range.
LUNG Weekly and Daily overview Charts
LUNG Setup Rating and Analysis
The technical rating of LUNG is bad and it also does not present a 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
LUNG Support and Resistance Analysis
1.32
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.81 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.88 from a trend line in the daily time frame.
LUNG 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 LUNG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LUNG is down. |
| ChartMill Relative Strength | 2.99 | NEGATIVE | LUNG has a low relative strength, it was outperformed by 97.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LUNG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LUNG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LUNG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.78 | NEUTRAL | The RSI value for LUNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LUNG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.61 | NEUTRAL | The Stochastics value for LUNG is a neutral value. |
| Average True Range in percent/ATR (20) | 11.05 | HIGH VOLATILITY | The high ATR as a percentage value for LUNG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for LUNG suggests a possible start of a new trend. |
LUNG Chart- and CandleStick Pattern Analysis
LUNG Technicals: Chart, Performance Metrics, Trend & Indicators
1.33
+0.05 (+3.91%)
PULMONX CORP / LUNG TA FAQ
What is the technical rating for LUNG stock?
ChartMill assigns a technical rating of 0 / 10 to LUNG.
Can you provide the trend direction for PULMONX CORP?
The current trend direction for PULMONX CORP (LUNG) is Bearish.
What is the RSI signal for PULMONX CORP (LUNG) stock?
PULMONX CORP (LUNG) has an RSI value of 42.7775. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PULMONX CORP?
The MACD indicator for PULMONX CORP (LUNG) has a value of -0.0134858, indicating a bearish trend.
Can you provide the short term momentum for PULMONX CORP?
The short term momentum for PULMONX CORP (LUNG) is negative.