LA-Z-BOY INC (LZB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LZB - US5053361078 - Common Stock
Overall LZB gets a technical rating of 5 out of 10. In the last year, LZB was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
LZB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.76, a Stop Loss order could be placed below this zone.
More info and screens
37.36
We found 1 important support area.
- A support zone ranging from 37.74 to 37.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.66 to 40.08. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for LZB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LZB is neutral. |
| ChartMill Relative Strength | 35.89 | 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) | UP | POSITIVE | The current price of LZB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LZB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.57 | NEUTRAL | The RSI value for LZB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests LZB has a negative trend. |
| Stochastics (14,3) | 16.39 | OVERSOLD | The low Stochastics value suggests LZB may be oversold. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for LZB suggests some volalility. |
| Average Directional Index/ADX (14) | 30.57 | POSITIVE | The high ADX value value for LZB suggests a strong trend. |
37.78
+0.01 (+0.03%)
LA-Z-BOY INC / LZB FAQ
Can you provide the ChartMill technical rating for LA-Z-BOY INC?
ChartMill assigns a technical rating of 5 / 10 to LZB.
Can you provide the trend direction for LA-Z-BOY INC?
The current trend direction for LA-Z-BOY INC (LZB) is Bullish.
What is the RSI signal for LA-Z-BOY INC (LZB) stock?
LA-Z-BOY INC (LZB) has an RSI value of 50.567. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LA-Z-BOY INC?
The MACD indicator for LA-Z-BOY INC (LZB) has a value of -0.430352, indicating a bearish trend.