INNOVATIVE EYEWEAR INC (LUCY)

US45791D1090 - Common Stock

6.56  -0.16 (-2.38%)

Technical Rating and Analysis

4

Overall LUCY gets a technical rating of 4 out of 10. Although LUCY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
LUCY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LUCY has a been trading in the 5.70 - 10.40 range, which is quite wide. It is currently trading near the lows of this range.
LUCY is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. LUCY outperforms 79% of them.
When comparing the yearly performance of all stocks, we notice that LUCY is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
LUCY Weekly chart
LUCY Daily chart
Setup Rating and Analysis

7

LUCY has only a medium 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 very little resistance above the current price. There is a support zone below the current price at 5.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LUCY 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

5.77

10.63

When analyzing the support we notice one important area.

  • A support zone ranging from 5.83 to 5.83. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @6.67 from a trend line in the daily time frame.
  • A resistance zone ranging from 6.83 to 6.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @10.52 from a horizontal line in the daily 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
CRS82.84
Mansfield-2.13
10 Day High7.3
10 Day Low6.49
20 Day High10.4
20 Day Low5.7
52 Week High27.2
52 Week Low3.26
Performance
1 Week-4.23%
2 Weeks-10.38%
1 Month12.33%
3 Month78.26%
6 Month-66.63%
12 Month-20.96%
2 Year-71.48%
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)-0.07
RSI(14)43.41
LBB6.14
UBB8.01
LUCY Daily chart

INNOVATIVE EYEWEAR INC

NASDAQ:LUCY (11/22/2024, 8:00:00 PM)

6.56

-0.16 (-2.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.38%
1 Week-4.23%
2 Weeks-10.38%
1 Month12.33%
3 Month78.26%
6 Month-66.63%
12 Month-20.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%11.48%
ATR Inc
Range Today0.44
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 High7.3
10 Day Low6.49
20 Day High10.4
20 Day Low5.7
52 Week High27.2
52 Week Low3.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume35.30K
Volume Incr-95.46%
Vol(5)31.58K
Vol(50)440.62K