LA-Z-BOY INC (LZB) Technical Analysis
NYSE:LZB • US5053361078
Current stock price
31.54 USD
-1 (-3.07%)
At close:
31.54 USD
0 (0%)
After Hours:
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.
- When comparing the yearly performance of all stocks, LZB is a bad performer in the overall market: 82% of all stocks are doing better.
- LZB is part of the Household Durables industry. There are 60 other stocks in this industry, of which 66% are performing better 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 31.53 - 36.91 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
LZB Weekly and Daily overview Charts
LZB Setup Rating and Analysis
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
LZB Support and Resistance Analysis
31.22
40.43
5 important resistance areas can be observed.
- A resistance zone ranging from 33.82 to 34.30. 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 36.53 to 37.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @37.74 from a trend line in the weekly time frame.
- Strong resistance @39.16 from a horizontal line in the daily time frame.
- 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 | 18.05 | NEGATIVE | LZB has a low relative strength, it was outperformed by 81.95% 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) | 28.01 | OVERSOLD | The low RSI value suggests LZB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests LZB has a negative trend. |
| Stochastics (14,3) | 4.28 | OVERSOLD | The low Stochastics value suggests LZB may be oversold. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for LZB suggests some volalility. |
| Average Directional Index/ADX (14) | 33.03 | POSITIVE | The high ADX value value for LZB suggests a strong trend. |
LZB Chart- and CandleStick Pattern Analysis
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)
LZB Technicals: Chart, Performance Metrics, Trend & Indicators
31.54
-1 (-3.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-3.07%
1 Week-6.71%
2 Weeks-8.76%
1 Month-14.8%
3 Month-19.93%
6 Month-6.41%
12 Month-17.91%
2 Year-16.16%
3 Year8.46%
5 Year-25.75%
10 Year17.95%
15 Year230.26%
Volatility
ATR(14)0.94
ATR(20)%3.13%
ATR Inc-10.47%
Range Today1.11
ADR(20)0.92
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.05
3 months CRS19.23
6 months CRS39.37
Mansfield-1.71
10 Day High34.3
10 Day Low31.53
20 Day High36.92
20 Day Low31.53
52 Week High44.49
52 Week Low29.03
CS1 EndN/A
CR1 Start33.82
Volume & EV
DER(3)-0.25%
DER(5)-0.18%
Volume1.57M
Volume Incr39.72%
Vol(5)629.02K
Vol(50)439.48K
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 28.0082. This indicates that the stock is currently oversold.
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 33.82. Check the full technical report for our detailed analysis of LZB support and resistance levels.