LZ TECHNOLOGY HDS LTD -CL B (LZMH) Stock Technical Analysis
NASDAQ:LZMH - KYG57Y3D1093 - Common Stock
Taking everything into account, LZMH scores 0 out of 10 in our technical rating. LZMH'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.
Although the technical rating is bad, LZMH does present a nice setup opportunity. 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 3.66. Right above this resistance zone may be a good entry point.
More info and screens
3.16
When analyzing the support we notice one important area.
- Support @3.19 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.66 to 3.66. 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 LZMH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LZMH is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | LZMH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LZMH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LZMH is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 40.37 | NEUTRAL | The RSI value for LZMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests LZMH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.86 | NEUTRAL | The Stochastics value for LZMH is a neutral value. |
| Average True Range in percent/ATR (20) | 17.58 | HIGH VOLATILITY | The high ATR as a percentage value for LZMH suggests high volalility. |
| Average Directional Index/ADX (14) | 17.86 | NEGATIVE | The low ADX value for LZMH suggests a weak or negative trend. |
3.65
+0.02 (+0.55%)