LYFT INC-A (LYFT) Technical Analysis
NASDAQ:LYFT • US55087P1049
Current stock price
LYFT Technical Rating and Analysis
Overall LYFT gets a technical rating of 1 out of 10. LYFT'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 75% of all other stocks performed better in the past year than LYFT.
- LYFT is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 63% are performing better than LYFT.
- LYFT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LYFT is lagging the market.
- In the last month LYFT has a been trading in the 12.46 - 14.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- LYFT has an average volume of 18939400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LYFT Weekly and Daily overview Charts
LYFT Setup Rating and Analysis
LYFT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.05. Right above this resistance zone may be a good entry point.
More info and screens
LYFT Support and Resistance Analysis
12.37
2 important support areas can be observed.
- Support @12.85 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.49 to 12.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.05 to 14.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
LYFT 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 | DOWN | NEGATIVE | The long term trend for LYFT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LYFT is down. |
| ChartMill Relative Strength | 25.38 | NEGATIVE | LYFT has a low relative strength, it was outperformed by 74.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LYFT is above the rising 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) | DOWN | NEGATIVE | The current price of LYFT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.27 | NEUTRAL | The RSI value for LYFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests LYFT has a positive trend. |
| Stochastics (14,3) | 45.22 | NEUTRAL | The Stochastics value for LYFT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for LYFT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.24 | NEGATIVE | The low ADX value for LYFT suggests a weak or negative trend. |
LYFT Chart- and CandleStick Pattern Analysis
LYFT Technicals: Chart, Performance Metrics, Trend & Indicators
13.34
+0.05 (+0.38%)
LYFT INC-A / LYFT TA FAQ
What is the technical rating for LYFT stock?
ChartMill assigns a technical rating of 1 / 10 to LYFT.
What is the current trend direction of LYFT INC-A (LYFT) stock?
The current trend direction for LYFT INC-A (LYFT) is Bearish.
What is the RSI signal for LYFT INC-A (LYFT) stock?
LYFT INC-A (LYFT) has an RSI value of 46.2715. This indicates that the stock is currently neutral.
What is the short term momentum for LYFT stock?
The short term momentum for LYFT INC-A (LYFT) is negative.
Can you provide the buy/sell signal for LYFT INC-A?
The buy/sell signal for LYFT INC-A (LYFT) is sell as both the short term and long term trends are negative.