LIGHTWAVE LOGIC INC (LWLG) Stock Technical Analysis
NASDAQ:LWLG - Nasdaq - US5322751042 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to LWLG. In the past year, LWLG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, LWLG is a bad performer in the overall market: 70% of all stocks are doing better.
LWLG is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 70% are performing better than LWLG.
LWLG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month LWLG has a been trading in the 1.19 - 1.56 range, which is quite wide. It is currently trading near the high of this range.
LWLG has an average volume of 1307160 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 has an average technical rating and also the quality of the setup is only medium 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
1.11
2.87
We found 2 important support areas.
- A support zone ranging from 1.25 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.12 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.84 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 | NEUTRAL | NEUTRAL | The long term trend for LWLG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LWLG is up. |
| ChartMill Relative Strength | 30.43 | NEUTRAL | LWLG is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of LWLG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.25 | NEUTRAL | The RSI value for LWLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LWLG has a positive trend. |
| Stochastics (14,3) | 65.76 | NEUTRAL | The Stochastics value for LWLG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for LWLG suggests high volalility. |
| Average Directional Index/ADX (14) | 36.26 | POSITIVE | The high ADX value value for LWLG suggests a strong 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)
NASDAQ:LWLG (7/15/2025, 10:23:06 AM)
1.41
-0.06 (-4.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-4.08%
1 Week17.6%
2 Weeks21.49%
1 Month9.7%
3 Month58.47%
6 Month-20.97%
12 Month-58.24%
2 Year-78.12%
3 Year-86.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.97%
ATR Inc79.15%
Range Today0.08
ADR(20)0.1
ADR(20)%6.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.43
Mansfield-3.26
10 Day High1.56
10 Day Low1.19
20 Day High1.56
20 Day Low1.19
52 Week High4.23
52 Week Low0.79
CS1 End1.29
CR1 Start2.84
Volume & EV
DER(3)-2.96%
DER(5)-2.03%
Volume3.51K
Volume Incr-36.5%
Vol(5)1.17M
Vol(50)1.31M