LYFT INC-A (LYFT) Stock Technical Analysis
NASDAQ:LYFT - Nasdaq - US55087P1049 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to LYFT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LYFT is only an average performer.
The long and short term trends are both positive. This is looking good!
LYFT is one of the better performing stocks in the Ground Transportation industry, it outperforms 81% of 39 stocks in the same industry.
LYFT has an average volume of 18326200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LYFT did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
LYFT is currently trading in the middle 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 slightly.
In the last month LYFT has a been trading in the 12.30 - 17.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LYFT has an excellent technical rating, but the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
10.18
17.38
We found 3 important support areas.
- A support zone ranging from 15.23 to 15.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.13 from a trend line in the weekly time frame.
- Support @10.28 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.60 to 17.21. 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 | UP | POSITIVE | The short term trend for LYFT is up. |
| ChartMill Relative Strength | 76.74 | POSITIVE | LYFT has a high relative strength, it outperformed 76.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LYFT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LYFT is above the rising 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) | 53.91 | NEUTRAL | The RSI value for LYFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests LYFT has a negative trend. |
| Stochastics (14,3) | 10.73 | OVERSOLD | The low Stochastics value suggests LYFT may be oversold. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for LYFT suggests high volalility. |
| Average Directional Index/ADX (14) | 32.13 | POSITIVE | The high ADX value value for LYFT 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)
15.26
-0.09 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.59%
1 Week-4.51%
2 Weeks-7.68%
1 Month18.39%
3 Month22.97%
6 Month-4.27%
12 Month-2.18%
2 Year59.12%
3 Year14.91%
5 Year-53.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%5.21%
ATR Inc-39.54%
Range Today0.41
ADR(20)0.71
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.74
Mansfield0.94
10 Day High16.65
10 Day Low15.04
20 Day High17.52
20 Day Low12.31
52 Week High19.07
52 Week Low8.93
CS1 End15.23
CR1 Start16.6
Volume & EV
DER(3)1.12%
DER(5)0.71%
Volume10.13M
Volume Incr-41.31%
Vol(5)13.23M
Vol(50)18.33M