LEGALZOOMCOM INC (LZ) Stock Technical Analysis
NASDAQ:LZ - Nasdaq - US52466B1035 - Common Stock - Currency: USD
Overall LZ gets a technical rating of 8 out of 10. LZ has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that LZ is one of the better performing stocks in the market, outperforming 86% of all stocks.
LZ is one of the better performing stocks in the Professional Services industry, it outperforms 88% of 82 stocks in the same industry.
In the last month LZ has a been trading in the 8.45 - 9.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
LZ has an average volume of 1863780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LZ is lagging the market.
Besides having an excellent technical rating, LZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.55, a Stop Loss order could be placed below this zone.
More info and screens
7.25
10.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.54 to 8.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 8.87 to 9.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.29 to 9.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.56 from a horizontal line in the daily time frame.
- Resistance @9.72 from a horizontal line in the daily time frame.
- Resistance @10.17 from a horizontal line in the weekly 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 | 86.15 | POSITIVE | LZ has a high relative strength, it outperformed 86.15% 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 | MIXED | The current price of LZ is below 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) | 48.29 | NEUTRAL | The RSI value for LZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LZ has a negative trend. |
| Stochastics (14,3) | 39.09 | NEUTRAL | The Stochastics value for LZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for LZ suggests some volalility. |
| Average Directional Index/ADX (14) | 13.29 | NEGATIVE | The low ADX value for LZ suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.04 | 8.66 | 0.38 (4.26%) | 23.48% |
| An entry @9.04. This is a Buy Stop order right above the resistance zone. | An exit @8.65. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.38 points, which is 4.26%. | When investing 23.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.85
+0.01 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.11%
1 Week-0.67%
2 Weeks-2.96%
1 Month3.51%
3 Month27.52%
6 Month7.93%
12 Month37.85%
2 Year-42.08%
3 Year-15.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%2.54%
ATR Inc-17.87%
Range Today0.21
ADR(20)0.22
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.15
Mansfield0.3
10 Day High9.26
10 Day Low8.66
20 Day High9.26
20 Day Low8.45
52 Week High10.6
52 Week Low5.56
CS1 End8.55
CR1 Start8.87
Volume & EV
DER(3)1.19%
DER(5)0.66%
Volume2.28M
Volume Incr-0.79%
Vol(5)1.66M
Vol(50)1.86M