LA-Z-BOY INC (LZB) Technical Analysis
NYSE:LZB • US5053361078
Current stock price
LZB Technical Rating and Analysis
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.
- 79% of all other stocks performed better in the past year than LZB.
- LZB is currently trading in the lower part 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.
- In the last month LZB has a been trading in the 32.51 - 38.88 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 60 other stocks in this industry, LZB did better than 45% of them.
LZB Weekly and Daily overview Charts
LZB Setup Rating and Analysis
LZB has a poor technical rating and the quality of the setup is also only medium 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
LZB Support and Resistance Analysis
33.47
We can see 4 important resistance areas.
- A resistance zone ranging from 36.47 to 37.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.89 from a trend line in the weekly time frame.
- A resistance zone ranging from 38.81 to 39.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @40.03 from a horizontal line in the daily time frame.
LZB Technical Indicator Signal Analysis
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 | 21.07 | NEGATIVE | LZB has a low relative strength, it was outperformed by 78.93% 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) | 38.25 | NEUTRAL | The RSI value for LZB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests LZB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.81 | OVERSOLD | The low Stochastics value suggests LZB may be oversold. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for LZB suggests some volalility. |
| Average Directional Index/ADX (14) | 30.86 | POSITIVE | The high ADX value value for LZB suggests a strong trend. |
LZB Chart- and CandleStick Pattern Analysis
LZB Technicals: Chart, Performance Metrics, Trend & Indicators
33.81
+0.9 (+2.73%)
LA-Z-BOY INC / LZB TA FAQ
Can you provide the ChartMill technical rating for LA-Z-BOY INC?
ChartMill assigns a technical rating of 0 / 10 to LZB.
What is the current trend direction of LA-Z-BOY INC (LZB) stock?
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 38.2509. This indicates that the stock is currently neutral.
What is the buy/sell signal for LA-Z-BOY INC (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.
What are the support and resistance levels for LA-Z-BOY INC (LZB) stock?
LA-Z-BOY INC (LZB) has a resistance level at 36.47. Check the full technical report for our detailed analysis of LZB support and resistance levels.