LA-Z-BOY INC (LZB) Technical Analysis
NYSE:LZB • US5053361078
Current stock price
34.11 USD
+0.48 (+1.43%)
At close:
34.0304 USD
-0.08 (-0.23%)
After Hours:
LZB Technical Rating and Analysis
We assign a technical rating of 1 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 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 71% are performing better than LZB.
- In the last month LZB has a been trading in the 31.25 - 34.30 range, which is quite wide. It is currently trading near the high of this range.
- LZB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LZB is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LZB Weekly and Daily overview Charts
LZB Setup Rating and Analysis
LZB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.12. Right above this resistance zone may be a good entry point.
More info and screens
LZB Support and Resistance Analysis
31.22
40.43
When analyzing the support we notice one important area.
- A support zone ranging from 31.54 to 31.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 34.12 to 34.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.14 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 | NEUTRAL | NEUTRAL | The short term trend for LZB is neutral. |
| ChartMill Relative Strength | 18.1 | NEGATIVE | LZB has a low relative strength, it was outperformed by 81.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LZB is above 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) | 56.3 | NEUTRAL | The RSI value for LZB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests LZB has a positive trend. |
| Stochastics (14,3) | 92.63 | OVERBOUGHT | The high Stochastics value suggests LZB may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for LZB suggests some volalility. |
| Average Directional Index/ADX (14) | 28.63 | 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
34.11
+0.48 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg1.43%
1 Week8.18%
2 Weeks6.73%
1 Month1.49%
3 Month-12.92%
6 Month5.93%
12 Month-11.31%
2 Year3.87%
3 Year18.73%
5 Year-23.28%
10 Year31.85%
15 Year190.05%
Volatility
ATR(14)0.86
ATR(20)%2.64%
ATR Inc-17.7%
Range Today0.87
ADR(20)0.8
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.1
3 months CRS22.41
6 months CRS65.09
Mansfield-1.36
10 Day High34.3
10 Day Low31.25
20 Day High34.3
20 Day Low31.25
52 Week High44.49
52 Week Low29.03
CS1 End31.96
CR1 Start34.12
Volume & EV
DER(3)-0.03%
DER(5)0.09%
Volume319.10K
Volume Incr-3.25%
Vol(5)432.78K
Vol(50)430.60K
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 1 / 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.
Can you provide the RSI signal for LA-Z-BOY INC?
LA-Z-BOY INC (LZB) has an RSI value of 56.299. This indicates that the stock is currently neutral.
What is the short term momentum for LZB stock?
The short term momentum for LA-Z-BOY INC (LZB) is neutral.