LEGALZOOMCOM INC (LZ) Stock Technical Analysis
NASDAQ:LZ - Nasdaq - US52466B1035 - Common Stock - Currency: USD
Taking everything into account, LZ scores 4 out of 10 in our technical rating. LZ has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month LZ has a been trading in the 8.71 - 9.73 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
LZ has an average volume of 2025460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, LZ turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
LZ is part of the Professional Services industry. There are 82 other stocks in this industry, LZ did better than 58% of them.
LZ 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 LZ is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
LZ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.63
9.82
3 important support areas can be observed.
- A support zone ranging from 8.66 to 8.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.18 from a trend line in the weekly time frame.
- Support @6.70 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.15 to 9.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.53 to 9.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.72 from a horizontal 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 | UP | POSITIVE | The long term trend for LZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LZ is neutral. |
| ChartMill Relative Strength | 46.25 | NEUTRAL | LZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LZ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.3 | NEUTRAL | The RSI value for LZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests LZ has a negative trend. |
| Stochastics (14,3) | 20.44 | NEUTRAL | The Stochastics value for LZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for LZ suggests some volalility. |
| Average Directional Index/ADX (14) | 34.11 | POSITIVE | The high ADX value value for LZ 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)
8.74
-0.33 (-3.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-3.64%
1 Week-4.69%
2 Weeks-4.27%
1 Month-5%
3 Month-6.02%
6 Month8.3%
12 Month7.64%
2 Year-27.65%
3 Year-20.47%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.98%
ATR Inc1.31%
Range Today0.29
ADR(20)0.24
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.25
Mansfield0.75
10 Day High9.66
10 Day Low8.72
20 Day High9.74
20 Day Low8.72
52 Week High10.6
52 Week Low5.33
CS1 End8.73
CR1 Start9.15
Volume & EV
DER(3)-0.31%
DER(5)1.35%
Volume1.29M
Volume Incr-32.12%
Vol(5)1.31M
Vol(50)2.03M