LEGALZOOMCOM INC (LZ) Stock Technical Analysis
NASDAQ:LZ - US52466B1035 - Common Stock
10.32 USD
-0.53 (-4.88%)
10.35 USD
+0.03 (+0.29%)
Taking everything into account, LZ scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LZ is showing a nice and steady performance.
In the last month LZ has a been trading in the 10.31 - 11.93 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, LZ did better than 87% of all other stocks. On top of that, LZ also shows a nice and consistent pattern of rising prices.
LZ is one of the better performing stocks in the Professional Services industry, it outperforms 90% of 83 stocks in the same industry.
LZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LZ is lagging the market slightly.
LZ has an average volume of 2268810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although LZ has an excellent technical rating, it does not present a decent entry opportunity 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
7.45
11.30
5 important support areas can be observed.
- A support zone ranging from 10.31 to 10.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.25 from a trend line in the weekly time frame.
- Support @8.81 from a trend line in the daily time frame.
- Support @8.55 from a horizontal line in the daily time frame.
- Support @7.53 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.85 to 11.19. This zone is formed by a combination of multiple trend lines and important moving averages 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 LZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LZ is neutral. |
| ChartMill Relative Strength | 87.73 | POSITIVE | LZ has a high relative strength, it outperformed 87.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LZ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LZ is above the rising 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) | 48.66 | 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) | 37.78 | NEUTRAL | The Stochastics value for LZ is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for LZ suggests high volalility. |
| Average Directional Index/ADX (14) | 33.4 | 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)
10.32
-0.53 (-4.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-4.88%
1 Week-7.44%
2 Weeks-3.46%
1 Month23.3%
3 Month12.54%
6 Month5.63%
12 Month60.75%
2 Year-5.67%
3 Year20.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%5%
ATR Inc62.21%
Range Today0.71
ADR(20)0.39
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.73
Mansfield1.16
10 Day High11.35
10 Day Low10.31
20 Day High11.93
20 Day Low10.31
52 Week High11.93
52 Week Low6.17
CS1 End10.31
CR1 Start10.85
Volume & EV
DER(3)-2.54%
DER(5)-0.16%
Volume2.41M
Volume Incr-24.11%
Vol(5)2.38M
Vol(50)2.27M