LYFT INC-A (LYFT) Stock Technical Analysis
NASDAQ:LYFT - Nasdaq - US55087P1049 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to LYFT. In the last year, LYFT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month LYFT has a been trading in the 14.35 - 16.61 range, which is quite wide. It is currently trading near the lows of this range.
LYFT is one of the better performing stocks in the Ground Transportation industry, it outperforms 76% of 40 stocks in the same industry.
LYFT has an average volume of 14706300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that LYFT is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
LYFT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LYFT is lagging the market.
Although the technical rating is bad, LYFT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 14.37, a Stop Loss order could be placed below this zone.
More info and screens
10.27
16.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.37 to 14.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.35 from a trend line in the weekly time frame.
- Support @10.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.16 to 16.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LYFT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LYFT is down. |
| ChartMill Relative Strength | 76.21 | POSITIVE | LYFT has a high relative strength, it outperformed 76.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LYFT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LYFT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LYFT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.39 | NEUTRAL | The RSI value for LYFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests LYFT has a negative trend. |
| Stochastics (14,3) | 12.75 | OVERSOLD | The low Stochastics value suggests LYFT may be oversold. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for LYFT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.98 | NEGATIVE | The low ADX value for LYFT suggests a weak or negative 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)
14.38
-0.35 (-2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-2.38%
1 Week-2.57%
2 Weeks-6.14%
1 Month-7.58%
3 Month17.77%
6 Month4.2%
12 Month17.58%
2 Year13.14%
3 Year3.75%
5 Year-50.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.58%
ATR Inc-2.25%
Range Today0.56
ADR(20)0.49
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.21
Mansfield-0.33
10 Day High15.4
10 Day Low14.35
20 Day High16.61
20 Day Low14.35
52 Week High19.07
52 Week Low8.93
CS1 End14.37
CR1 Start16.16
Volume & EV
DER(3)-0.71%
DER(5)-1.19%
Volume15.27M
Volume Incr-12.23%
Vol(5)12.75M
Vol(50)14.71M