LA-Z-BOY INC (LZB) Stock Technical Analysis
NYSE:LZB - New York Stock Exchange, Inc. - US5053361078 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to LZB. LZB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LZB is a bad performer in the overall market: 64% of all stocks are doing better.
LZB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LZB has a been trading in the 37.00 - 42.19 range, which is quite wide. It is currently trading near the lows of this range.
LZB is an average performer in the Household Durables industry, it outperforms 69% of 64 stocks in the same industry.
Although the technical rating is bad, LZB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
36.95
44.36
We found 1 important support area.
- Support @37.32 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @41.23 from a horizontal line in the daily time frame.
- A resistance zone ranging from 42.86 to 43.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.92 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 LZB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LZB is down. |
| ChartMill Relative Strength | 36.97 | NEUTRAL | LZB is not amongst the best or worst performers 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) | 38.57 | NEUTRAL | The RSI value for LZB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests LZB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests LZB may be oversold. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for LZB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.63 | 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)
37.96
+0.42 (+1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg1.12%
1 Week-0.45%
2 Weeks-2.14%
1 Month-9.94%
3 Month-1.86%
6 Month-12.37%
12 Month1.82%
2 Year32.54%
3 Year60.1%
5 Year40.28%
10 Year44.12%
15 Year410.9%
Volatility
ATR(14)1.04
ATR(20)%2.67%
ATR Inc-39.07%
Range Today0.65
ADR(20)0.98
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.97
Mansfield-1.48
10 Day High40.05
10 Day Low37
20 Day High42.19
20 Day Low37
52 Week High48.31
52 Week Low35.18
CS1 End37.32
CR1 Start41.23
Volume & EV
DER(3)1.26%
DER(5)1.94%
Volume636.80K
Volume Incr-7%
Vol(5)485.92K
Vol(50)436.07K