LA-Z-BOY INC (LZB) Stock Technical Analysis
NYSE:LZB - US5053361078 - Common Stock
36.97 USD
+0.01 (+0.03%)
36.97 USD
0 (0%)
We assign a technical rating of 1 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.
85% of all other stocks performed better in the past year than LZB.
LZB is part of the Household Durables industry. There are 63 other stocks in this industry, of which 74% are performing better than LZB.
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 31.99 - 39.55 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.
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 a support zone below the current price at 35.72, a Stop Loss order could be placed below this zone.
More info and screens
35.05
41.77
We found 1 important support area.
- A support zone ranging from 35.40 to 35.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 37.68 to 39.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.03 to 40.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @41.36 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 | 15.96 | NEGATIVE | LZB has a low relative strength, it was outperformed by 84.04% off all stocks 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) | 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) | 48.78 | NEUTRAL | The RSI value for LZB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LZB has a positive trend. |
| Stochastics (14,3) | 65.3 | NEUTRAL | The Stochastics value for LZB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for LZB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for LZB 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)
36.97
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.03%
1 Week1.07%
2 Weeks-4.37%
1 Month4.41%
3 Month-11.74%
6 Month-18.28%
12 Month-8.87%
2 Year19.84%
3 Year40.09%
5 Year13.75%
10 Year33.9%
15 Year451.79%
Volatility
ATR(14)1.5
ATR(20)%3.44%
ATR Inc-57.63%
Range Today0.53
ADR(20)1.02
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.96
Mansfield-1.79
10 Day High39.56
10 Day Low31.99
20 Day High39.56
20 Day Low31.99
52 Week High48.31
52 Week Low31.99
CS1 End35.72
CR1 Start37.68
Volume & EV
DER(3)-0.06%
DER(5)-0.82%
Volume293.80K
Volume Incr-19.12%
Vol(5)526.78K
Vol(50)546.60K