LIGHTWAVE LOGIC INC (LWLG)

US5322751042 - Common Stock

3.9  +0.08 (+2.09%)

After market: 3.9 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to LWLG. LWLG'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
86% of all other stocks performed better in the past year than LWLG.
LWLG is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry, of which 70% are performing better than LWLG.
LWLG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month LWLG has a been trading in the 3.56 - 4.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
LWLG Weekly chart
LWLG Daily chart
Setup Rating and Analysis

4

LWLG has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

3.82

4.36

We found 1 important support area.

  • Support @3.86 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 3.99 to 4.01. 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 4.10 to 4.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.32 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.62
Mansfield-3.51
10 Day High4.36
10 Day Low3.8
20 Day High4.36
20 Day Low3.57
52 Week High9.18
52 Week Low3.57
Performance
1 Week-0.51%
2 Weeks-5.11%
1 Month-2.99%
3 Month-18.07%
6 Month-16.49%
12 Month-23.53%
2 Year-51.31%
3 YearN/A
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
RSI(14)46.24
LBB3.73
UBB4.21
LWLG Daily chart

LIGHTWAVE LOGIC INC

NASDAQ:LWLG (5/17/2024, 7:11:43 PM)

After market: 3.9 0 (0%)

3.9

+0.08 (+2.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.09%
1 Week-0.51%
2 Weeks-5.11%
1 Month-2.99%
3 Month-18.07%
6 Month-16.49%
12 Month-23.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%5.55%
ATR Inc
Range Today0.1
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 High4.36
10 Day Low3.8
20 Day High4.36
20 Day Low3.57
52 Week High9.18
52 Week Low3.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume417.50K
Volume Incr-1.73%
Vol(5)569.04K
Vol(50)595.22K