LAMAR ADVERTISING CO-A (LAMR)

US5128161099 - REIT

129.27  +1.73 (+1.36%)

Premarket: 128 -1.27 (-0.98%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to LAMR. In the last year, LAMR was one of the better performers, but we do observe some doubts in the very recent evolution.

LAMR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, LAMR did better than 74% of all other stocks. We also observe that the gains produced by LAMR over the past year are nicely spread over this period.
LAMR is one of the better performing stocks in the Specialized REITs industry, it outperforms 81% of 28 stocks in the same industry.
LAMR 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 LAMR is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
LAMR Weekly chart
LAMR Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, LAMR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 128.87, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LAMR 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.
Support and Resistance Analysis

109.53

139.50

We found 3 important support areas.

  • A support zone ranging from 126.34 to 128.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 120.58 to 121.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 110.64 to 110.90. 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 135.58 to 138.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS74.1
Mansfield-0.21
10 Day High131.04
10 Day Low125.17
20 Day High137.3
20 Day Low125.17
52 Week High139.88
52 Week Low97.54
Performance
1 Week1.67%
2 Weeks-4.24%
1 Month-4.77%
3 Month5.79%
6 Month7.85%
12 Month31.24%
2 Year29.09%
3 Year18.31%
5 Year54.94%
10 Year142.58%
15 Year367.02%
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)-0.34
RSI(14)45.75
LBB124.7
UBB134.26
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
131.05126.334.72 (3.60%)25.00%
An entry @131.05. This is a Buy Stop order right above the 10 day high.An exit @126.33. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 4.72 points, which is 3.60%.For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of LAMR. 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.
LAMR Daily chart

LAMAR ADVERTISING CO-A

NASDAQ:LAMR (11/21/2024, 8:00:02 PM)

Premarket: 128 -1.27 (-0.98%)

129.27

+1.73 (+1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg1.36%
1 Week1.67%
2 Weeks-4.24%
1 Month-4.77%
3 Month5.79%
6 Month7.85%
12 Month31.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.26
ATR(20)%2.29%
ATR Inc
Range Today1.73
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 High131.04
10 Day Low125.17
20 Day High137.3
20 Day Low125.17
52 Week High139.88
52 Week Low97.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume238.10K
Volume Incr7.77%
Vol(5)452.88K
Vol(50)419.54K