LUMEN TECHNOLOGIES INC (LUMN)
US5502411037 - Common Stock
We assign a technical rating of 9 out of 10 to LUMN. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month LUMN has a been trading in the 5.95 - 7.78 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, LUMN did better than 99% of all other stocks. We also observe that the gains produced by LUMN over the past year are nicely spread over this period.
LUMN is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 100% of 33 stocks in the same industry.
LUMN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LUMN is lagging the market slightly.
LUMN has an average volume of 17873600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LUMN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LUMN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.01
6.50
When analyzing the support we notice one important area.
- A support zone ranging from 6.07 to 6.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.41 to 6.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.56
Mansfield12.71
10 Day High7.78
10 Day Low6.05
20 Day High7.78
20 Day Low5.95
52 Week High7.83
52 Week Low0.97
Performance
1 Week1.75%
2 Weeks3.4%
1 Month-4.34%
3 Month108.14%
6 Month384.09%
12 Month470.54%
2 Year-13.18%
3 Year-46.12%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)50.65
LBB5.94
UBB6.79
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.45 | 6.06 | 0.39 (6.05%) | 16.54% |
| An entry @6.45. This is a Buy Stop order right above the resistance zone. | An exit @6.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.39 points, which is 6.05%. | For a 1.00% total portfolio risk, you can invest 16.54% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LUMN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LUMEN TECHNOLOGIES INC
NYSE:LUMN (10/31/2024, 8:04:00 PM)
After market: 6.38 -0.01 (-0.16%)6.39
-0.3 (-4.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-4.48%
1 Week1.75%
2 Weeks3.4%
1 Month-4.34%
3 Month108.14%
6 Month384.09%
12 Month470.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.44
ATR(20)%6.52%
ATR Inc
Range Today0.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.78
10 Day Low6.05
20 Day High7.78
20 Day Low5.95
52 Week High7.83
52 Week Low0.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.17M
Volume Incr-6.8%
Vol(5)12.35M
Vol(50)17.87M