LIGHTWAVE LOGIC INC (LWLG) Stock Technical Analysis
NASDAQ:LWLG - Nasdaq - US5322751042 - Common Stock
Taking everything into account, LWLG scores 0 out of 10 in our technical rating. LWLG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LWLG is a bad performer in the overall market: 97% of all stocks are doing better.
LWLG is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 86% of 126 stocks in the same industry do better.
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 1.68 - 2.58 range, which is quite wide. It is currently trading near the lows of this range.
LWLG has an average volume of 1016930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of LWLG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.84
4.21
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.05 to 2.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.23 from a trend line in the daily time frame.
- Resistance @3.35 from a trend line in the weekly time frame.
- Resistance @3.65 from a trend line in the weekly time frame.
- Resistance @4.17 from a horizontal line 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
CRS3.14
Mansfield-4.97
10 Day High2.58
10 Day Low1.68
20 Day High2.58
20 Day Low1.68
52 Week High5.3
52 Week Low1.68
Performance
1 Week-4.12%
2 Weeks-13.89%
1 Month-11.85%
3 Month-54.19%
6 Month-47.16%
12 Month-55.71%
2 Year-70.43%
3 Year-74.2%
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)38.85
LBB1.75
UBB2.45
LIGHTWAVE LOGIC INC
NASDAQ:LWLG (1/17/2025, 8:13:23 PM)
After market: 1.88 +0.02 (+1.08%)1.86
-0.06 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.12%
1 Week-4.12%
2 Weeks-13.89%
1 Month-11.85%
3 Month-54.19%
6 Month-47.16%
12 Month-55.71%
2 Year-70.43%
3 Year-74.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%11.82%
ATR Inc-12.4%
Range Today0.14
ADR(20)0.2
ADR(20)%10.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.14
Mansfield-4.97
10 Day High2.58
10 Day Low1.68
20 Day High2.58
20 Day Low1.68
52 Week High5.3
52 Week Low1.68
CS1 EndN/A
CR1 Start2.05
Volume & EV
DER(3)1.21%
DER(5)0.04%
Volume564.50K
Volume Incr-50.86%
Vol(5)667.30K
Vol(50)1.02M