USA - NASDAQ:LWLG - US5322751042 - Common Stock
We assign a technical rating of 8 out of 10 to LWLG. 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.
LWLG has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
3.47
We found 2 important support areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for LWLG is neutral. |
| ChartMill Relative Strength | 96.7 | POSITIVE | LWLG has a high relative strength, it outperformed 96.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LWLG is below 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) | 48.89 | NEUTRAL | The RSI value for LWLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LWLG has a negative trend. |
| Stochastics (14,3) | 36.68 | NEUTRAL | The Stochastics value for LWLG is a neutral value. |
| Average True Range in percent/ATR (20) | 10.93 | HIGH VOLATILITY | The high ATR as a percentage value for LWLG suggests high volalility. |
| Average Directional Index/ADX (14) | 25.08 | POSITIVE | The high ADX value value for LWLG suggests a strong trend. |
4.84
+0.04 (+0.83%)
ChartMill assigns a technical rating of 8 / 10 to LWLG.
The current trend direction for LIGHTWAVE LOGIC INC (LWLG) is Bullish.
LIGHTWAVE LOGIC INC (LWLG) has an RSI value of 48.8899. This indicates that the stock is currently neutral.
The MACD indicator for LIGHTWAVE LOGIC INC (LWLG) has a value of -0.0540081, indicating a bearish trend.
LIGHTWAVE LOGIC INC (LWLG) has a support level at 4.36 and a resistance level at 5.22. Check the full technical report for our detailed analysis of LWLG support and resistance levels.