Taking everything into account, LZ scores 0 out of 10 in our technical rating. LZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 83% of all other stocks performed better in the past year than LZ.
- LZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month LZ has a been trading in the 7.05 - 10.46 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- LZ has an average volume of 2797450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LZ is part of the Professional Services industry. There are 89 other stocks in this industry, LZ did better than 48% of them.
The technical rating of LZ 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
7.18
When analyzing the support we notice one important area.
- A support zone ranging from 7.25 to 7.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.82 to 8.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.11 to 10.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.09 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 | DOWN | NEGATIVE | The long term trend for LZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LZ is down. |
| ChartMill Relative Strength | 17.7 | NEGATIVE | LZ has a low relative strength, it was outperformed by 82.3% off all stocks 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 | NEGATIVE | The current price of LZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.62 | NEUTRAL | The RSI value for LZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests LZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.4 | NEUTRAL | The Stochastics value for LZ is a neutral value. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for LZ suggests high volalility. |
| Average Directional Index/ADX (14) | 36.89 | POSITIVE | The high ADX value value for LZ suggests a strong trend. |
8.05
+0.24 (+3.07%)
LEGALZOOMCOM INC / LZ FAQ
What is the ChartMill technical rating of LEGALZOOMCOM INC (LZ) stock?
ChartMill assigns a technical rating of 0 / 10 to LZ.
Can you provide the trend direction for LEGALZOOMCOM INC?
The current trend direction for LEGALZOOMCOM INC (LZ) is Bearish.
What is the RSI signal for LZ stock?
LEGALZOOMCOM INC (LZ) has an RSI value of 38.6217. This indicates that the stock is currently neutral.
What is the MACD signal for LZ stock?
The MACD indicator for LEGALZOOMCOM INC (LZ) has a value of -0.11455, indicating a bearish trend.
What is the buy/sell signal for LZ stock?
The buy/sell signal for LEGALZOOMCOM INC (LZ) is sell as both the short term and long term trends are negative.