We assign a technical rating of 4 out of 10 to LUNG. Recently some decent action could be observed, but in the medium term time frame this is still negative. LUNG was also a bad performer in the overall market in the last year.
LUNG 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.
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1.99
When analyzing the resistance we notice 2 important areas.
- Resistance @2.02 from a horizontal line in the weekly time frame.
- Resistance @2.15 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 | DOWN | NEGATIVE | The long term trend for LUNG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LUNG is up. |
| ChartMill Relative Strength | 11.83 | NEGATIVE | LUNG has a low relative strength, it was outperformed by 88.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LUNG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LUNG is above the rising 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) | 59.79 | NEUTRAL | The RSI value for LUNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests LUNG has a positive trend. |
| Stochastics (14,3) | 88.54 | OVERBOUGHT | The high Stochastics value suggests LUNG may be overbought. |
| Average True Range in percent/ATR (20) | 8.2 | HIGH VOLATILITY | The high ATR as a percentage value for LUNG suggests high volalility. |
| Average Directional Index/ADX (14) | 30.78 | POSITIVE | The high ADX value value for LUNG suggests a strong trend. |
2.01
-0.13 (-6.07%)
PULMONX CORP / LUNG FAQ
What is the technical rating for LUNG stock?
ChartMill assigns a technical rating of 4 / 10 to LUNG.
What is the trend direction for LUNG stock?
The current trend direction for PULMONX CORP (LUNG) is Bearish.
What is the RSI signal for LUNG stock?
PULMONX CORP (LUNG) has an RSI value of 59.7916. 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 0.0599764, indicating a bearish trend.
What is the buy/sell signal for LUNG stock?
The buy/sell signal for PULMONX CORP (LUNG) is hold as the short term and long term trends are mixed.