LIGHTWAVE LOGIC INC (LWLG) Technical Analysis
NASDAQ:LWLG • US5322751042
Current stock price
LWLG Technical Rating and Analysis
Overall LWLG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LWLG is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that LWLG is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, LWLG also shows a nice and consistent pattern of rising prices.
- LWLG is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. LWLG outperforms 100% of them.
- A new 52 week high is currently being made by LWLG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month LWLG has a been trading in the 7.60 - 17.28 range, which is quite wide. It is currently trading near the high of this range.
- LWLG has an average volume of 7072540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LWLG Weekly and Daily overview Charts
LWLG Setup Rating and Analysis
Although LWLG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LWLG Support and Resistance Analysis
9.93
We found 2 important support areas.
- Support @12.31 from a trend line in the daily time frame.
- Support @10.03 from a trend line in the daily time frame.
LWLG 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 | UP | POSITIVE | The long term trend for LWLG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LWLG is up. |
| ChartMill Relative Strength | 99.85 | POSITIVE | LWLG has a high relative strength, it outperformed 99.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LWLG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LWLG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LWLG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.7 | OVERBOUGHT | The high RSI value suggests LWLG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LWLG has a positive trend. |
| Stochastics (14,3) | 65.98 | NEUTRAL | The Stochastics value for LWLG is a neutral value. |
| Average True Range in percent/ATR (20) | 10.81 | HIGH VOLATILITY | The high ATR as a percentage value for LWLG suggests high volalility. |
| Average Directional Index/ADX (14) | 47.72 | POSITIVE | The high ADX value value for LWLG suggests a strong trend. |
LWLG Chart- and CandleStick Pattern Analysis
LWLG Technicals: Chart, Performance Metrics, Trend & Indicators
16.27
+2.55 (+18.59%)
LIGHTWAVE LOGIC INC / LWLG TA FAQ
Can you provide the ChartMill technical rating for LIGHTWAVE LOGIC INC?
ChartMill assigns a technical rating of 10 / 10 to LWLG.
What is the trend direction for LWLG stock?
The current trend direction for LIGHTWAVE LOGIC INC (LWLG) is Bullish.
What is the RSI signal for LIGHTWAVE LOGIC INC (LWLG) stock?
LIGHTWAVE LOGIC INC (LWLG) has an RSI value of 70.7031. This indicates that the stock is currently overbought.
What is the MACD signal for LIGHTWAVE LOGIC INC (LWLG) stock?
The MACD indicator for LIGHTWAVE LOGIC INC (LWLG) has a value of 0.0436098, indicating a bearish trend.
What is the buy/sell signal for LWLG stock?
The buy/sell signal for LIGHTWAVE LOGIC INC (LWLG) is buy as both the short term and long term trends are positive.