PULMONX CORP (LUNG) Technical Analysis
NASDAQ:LUNG • US7458481014
We assign a technical rating of 1 out of 10 to LUNG. LUNG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- 96% of all other stocks performed better in the past year than LUNG.
- LUNG is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, of which 79% are performing better than LUNG.
- 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 1.41 - 2.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LUNG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LUNG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.43
We found 1 important support area.
- A support zone ranging from 1.44 to 1.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.97 from a trend line in the daily time frame.
- Resistance @2.18 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for LUNG is neutral. |
| ChartMill Relative Strength | 4.2 | NEGATIVE | LUNG has a low relative strength, it was outperformed by 95.8% 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) | 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) | 50.49 | NEUTRAL | The RSI value for LUNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LUNG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.56 | NEUTRAL | The Stochastics value for LUNG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.44 | HIGH VOLATILITY | The high ATR as a percentage value for LUNG suggests high volalility. |
| Average Directional Index/ADX (14) | 29.01 | POSITIVE | The high ADX value value for LUNG suggests a strong trend. |
LUNG Technicals: Chart, Performance Metrics, Trend & Indicators
1.68
-0.1 (-5.62%)
PULMONX CORP / LUNG FAQ
What is the technical rating for LUNG stock?
ChartMill assigns a technical rating of 1 / 10 to LUNG.
Can you provide the trend direction for PULMONX CORP?
The current trend direction for PULMONX CORP (LUNG) is Bearish.
Can you provide the RSI signal for PULMONX CORP?
PULMONX CORP (LUNG) has an RSI value of 50.4946. This indicates that the stock is currently neutral.
What is the MACD signal for PULMONX CORP (LUNG) stock?
The MACD indicator for PULMONX CORP (LUNG) has a value of 0.0328523, indicating a bearish trend.
What is the short term momentum for LUNG stock?
The short term momentum for PULMONX CORP (LUNG) is neutral.