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'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than LZB.
LZB is one of the lesser performing stocks in the Household Durables industry. 70% of 63 stocks in the same industry do 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 34.89 - 41.06 range, which is quite wide. It is currently trading near the lows of this range.
LZB has a poor technical rating and the quality of the setup is also not perfect 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
35.05
42.36
When analyzing the support we notice one important area.
- A support zone ranging from 35.40 to 35.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 37.65 to 37.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 39.59 to 40.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 41.50 to 41.94. 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 | 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 | 15.22 | NEGATIVE | LZB has a low relative strength, it was outperformed by 84.78% 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) | 43.02 | NEUTRAL | The RSI value for LZB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests LZB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.43 | NEUTRAL | The Stochastics value for LZB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for LZB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.62 | 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)
36.69
+0.46 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg1.27%
1 Week0.25%
2 Weeks-6.31%
1 Month-8.14%
3 Month-12.62%
6 Month-17.96%
12 Month-12.06%
2 Year18.93%
3 Year39.03%
5 Year12.89%
10 Year32.89%
15 Year447.61%
Volatility
ATR(14)0.88
ATR(20)%2.61%
ATR Inc-40.61%
Range Today0.6
ADR(20)0.91
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.22
Mansfield-1.81
10 Day High39.03
10 Day Low34.89
20 Day High41.06
20 Day Low34.89
52 Week High48.31
52 Week Low34.89
CS1 End35.67
CR1 Start37.65
Volume & EV
DER(3)-1.07%
DER(5)-2.17%
Volume411.00K
Volume Incr-1.59%
Vol(5)403.92K
Vol(50)473.61K