We assign a technical rating of 0 out of 10 to LYRA. LYRA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than LYRA.
- LYRA is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 88% are performing better than LYRA.
- LYRA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month LYRA has a been trading in the 1.32 - 2.58 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
The technical rating of LYRA is bad and it also does not present a quality setup 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
1.36
When analyzing the resistance we notice 2 important areas.
- Resistance @2.17 from a trend line in the daily time frame.
- Resistance @2.28 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for LYRA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LYRA is down. |
| ChartMill Relative Strength | 1.38 | NEGATIVE | LYRA has a low relative strength, it was outperformed by 98.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LYRA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LYRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LYRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.34 | NEUTRAL | The RSI value for LYRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LYRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 2.04 | OVERSOLD | The low Stochastics value suggests LYRA may be oversold. |
| Average True Range in percent/ATR (20) | 18.58 | HIGH VOLATILITY | The high ATR as a percentage value for LYRA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.05 | POSITIVE | The high ADX value value for LYRA suggests a strong trend. |
1.37
-0.1 (-6.8%)
LYRA THERAPEUTICS INC / LYRA FAQ
What is the technical rating for LYRA stock?
ChartMill assigns a technical rating of 0 / 10 to LYRA.
Can you provide the trend direction for LYRA THERAPEUTICS INC?
The current trend direction for LYRA THERAPEUTICS INC (LYRA) is Bearish.
What is the RSI signal for LYRA THERAPEUTICS INC (LYRA) stock?
LYRA THERAPEUTICS INC (LYRA) has an RSI value of 30.3403. This indicates that the stock is currently neutral.
What is the short term momentum for LYRA THERAPEUTICS INC (LYRA) stock?
The short term momentum for LYRA THERAPEUTICS INC (LYRA) is negative.
Can you provide the support and resistance levels for LYRA THERAPEUTICS INC?
LYRA THERAPEUTICS INC (LYRA) has a resistance level at 2.17. Check the full technical report for our detailed analysis of LYRA support and resistance levels.