LA-Z-BOY INC (LZB) Stock Technical Analysis
USA - NYSE:LZB - US5053361078 - Common Stock
Overall LZB gets a technical rating of 0 out of 10. LZB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of LZB 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
30.64
4 important resistance areas can be observed.
- A resistance zone ranging from 31.17 to 31.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 32.00 to 32.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.27 to 34.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.41 from a trend 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 | DOWN | NEGATIVE | The long term trend for LZB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LZB is down. |
| ChartMill Relative Strength | 15.43 | NEGATIVE | LZB has a low relative strength, it was outperformed by 84.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LZB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LZB is below a declining 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) | 39.71 | NEUTRAL | The RSI value for LZB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LZB has a negative trend. |
| Stochastics (14,3) | 20.82 | NEUTRAL | The Stochastics value for LZB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for LZB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.78 | NEGATIVE | The low ADX value for LZB suggests a weak or negative trend. |
30.95
-0.46 (-1.46%)
LA-Z-BOY INC / LZB FAQ
Can you provide the ChartMill technical rating for LA-Z-BOY INC?
ChartMill assigns a technical rating of 0 / 10 to LZB.
Can you provide the trend direction for LA-Z-BOY INC?
The current trend direction for LA-Z-BOY INC (LZB) is Bearish.
What is the RSI signal for LA-Z-BOY INC (LZB) stock?
LA-Z-BOY INC (LZB) has an RSI value of 39.7128. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LA-Z-BOY INC?
The MACD indicator for LA-Z-BOY INC (LZB) has a value of -0.0255437, indicating a bearish trend.
What is the buy/sell signal for LZB stock?
The buy/sell signal for LA-Z-BOY INC (LZB) is sell as both the short term and long term trends are negative.