LA-Z-BOY INC (LZB) Stock Technical Analysis
NYSE:LZB - New York Stock Exchange, Inc. - US5053361078 - Common Stock - Currency: USD
Overall LZB gets a technical rating of 5 out of 10. LZB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month LZB has a been trading in the 40.35 - 44.48 range, which is quite wide. It is currently trading near the lows of this range.
LZB is part of the Household Durables industry. There are 64 other stocks in this industry. LZB outperforms 85% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, LZB turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
LZB 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 LZB is lagging the market slightly.
Although the technical rating is only medium, LZB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
36.95
44.73
When analyzing the support we can see 2 important areas.
- Support @38.42 from a trend line in the weekly time frame.
- Support @37.32 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 41.36 to 42.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.67 to 44.29. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for LZB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LZB is neutral. |
| ChartMill Relative Strength | 69.93 | NEUTRAL | LZB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LZB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LZB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LZB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.15 | NEUTRAL | The RSI value for LZB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests LZB has a negative trend. |
| Stochastics (14,3) | 15.64 | OVERSOLD | The low Stochastics value suggests LZB may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for LZB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for LZB suggests a possible start of a new 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)
41.06
-0.47 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.13%
1 Week-2.4%
2 Weeks-5.35%
1 Month0.42%
3 Month-1.46%
6 Month-8.18%
12 Month16.38%
2 Year43.37%
3 Year73.18%
5 Year51.74%
10 Year55.88%
15 Year452.62%
Volatility
ATR(14)0.92
ATR(20)%2.48%
ATR Inc-6.36%
Range Today0.55
ADR(20)0.87
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.93
Mansfield-0.52
10 Day High43.27
10 Day Low40.59
20 Day High44.49
20 Day Low40.35
52 Week High48.31
52 Week Low33.34
CS1 End38.42
CR1 Start41.36
Volume & EV
DER(3)-2.37%
DER(5)-2.05%
Volume412.60K
Volume Incr19.53%
Vol(5)387.36K
Vol(50)409.22K