PULMONX CORP (LUNG) Stock Technical Analysis
NASDAQ:LUNG - US7458481014 - Common Stock
1.67 USD
-0.02 (-1.18%)
1.64 USD
-0.03 (-1.8%)
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LUNG is a bad performer in the overall market: 99% of all stocks are doing better.
LUNG is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 89% of 185 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month LUNG has a been trading in the 1.47 - 3.39 range, which is quite wide. It is currently trading near the lows of this range.
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
1.49
2.70
When analyzing the support we notice one important area.
- Support @1.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.70 to 1.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.06 from a trend line in the weekly time frame.
- Resistance @2.54 from a trend line in the daily time frame.
- Resistance @2.67 from a trend 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 | DOWN | NEGATIVE | The short term trend for LUNG is down. |
| ChartMill Relative Strength | 1.3 | NEGATIVE | LUNG has a low relative strength, it was outperformed by 98.7% 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) | 38.01 | NEUTRAL | The RSI value for LUNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LUNG has a positive trend. |
| Stochastics (14,3) | 53.27 | NEUTRAL | The Stochastics value for LUNG is a neutral value. |
| Average True Range in percent/ATR (20) | 11.79 | HIGH VOLATILITY | The high ATR as a percentage value for LUNG suggests high volalility. |
| Average Directional Index/ADX (14) | 24.07 | NEUTRAL | The ADX value for LUNG 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)
1.67
-0.02 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.18%
1 Week4.38%
2 Weeks7.74%
1 Month-45.95%
3 Month-50.88%
6 Month-80.63%
12 Month-77.19%
2 Year-84.03%
3 Year-90.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%11.79%
ATR Inc94.42%
Range Today0.19
ADR(20)0.14
ADR(20)%8.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.3
Mansfield-7.19
10 Day High1.83
10 Day Low1.47
20 Day High3.39
20 Day Low1.47
52 Week High9.37
52 Week Low1.47
CS1 End1.51
CR1 Start1.7
Volume & EV
DER(3)12.07%
DER(5)7.57%
Volume713.20K
Volume Incr-31.36%
Vol(5)701.72K
Vol(50)659.14K