LEGALZOOMCOM INC (LZ) Stock Technical Analysis
NASDAQ:LZ • US52466B1035
Overall LZ gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than LZ.
- LZ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month LZ has a been trading in the 6.55 - 9.55 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.
- LZ has an average volume of 3008090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LZ is an average performer in the Professional Services industry, it outperforms 45% of 89 stocks in the same industry.
The technical rating of LZ is bad and it also does not present a 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
6.59
When analyzing the resistance we notice 3 important areas.
- Resistance @8.53 from a trend line in the daily time frame.
- A resistance zone ranging from 10.06 to 10.20. 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 | 12.24 | NEGATIVE | LZ has a low relative strength, it was outperformed by 87.76% 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) | DOWN | NEGATIVE | The current price of LZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.5 | OVERSOLD | The low RSI value suggests LZ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests LZ has a negative trend. |
| Stochastics (14,3) | 10.39 | OVERSOLD | The low Stochastics value suggests LZ may be oversold. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for LZ suggests high volalility. |
| Average Directional Index/ADX (14) | 40.97 | POSITIVE | The high ADX value value for LZ suggests a strong trend. |
6.66
-0.45 (-6.33%)
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 27.498. This indicates that the stock is currently oversold.
What is the MACD signal for LZ stock?
The MACD indicator for LEGALZOOMCOM INC (LZ) has a value of -0.153544, 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.