Luminar Technologies Stock Technical Analysis
| LAZR Stock | USD 9.06 0.37 4.26% |
As of the 28th of November, Luminar Technologies secures the Risk Adjusted Performance of (0.06), mean deviation of 5.28, and Standard Deviation of 6.91. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Luminar Technologies, as well as the relationship between them. Please verify Luminar Technologies variance and skewness to decide if Luminar Technologies is priced some-what accurately, providing market reflects its recent price of 9.06 per share. Given that Luminar Technologies has information ratio of (0.10), we recommend you to check Luminar Technologies's last-minute market performance to make sure the company can sustain itself at a future point.
Luminar Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Luminar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LuminarLuminar |
Luminar Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 10.38 | Buy | 7 | Odds |
Most Luminar analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Luminar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Luminar Technologies, talking to its executives and customers, or listening to Luminar conference calls.
Luminar Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Luminar Technologies Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Luminar Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Luminar Technologies Trend Analysis
Use this graph to draw trend lines for Luminar Technologies. You can use it to identify possible trend reversals for Luminar Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Luminar Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Luminar Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Luminar Technologies applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Luminar Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5.68, which is the sum of squared deviations for the predicted Luminar Technologies price change compared to its average price change.About Luminar Technologies Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Luminar Technologies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Luminar Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Luminar Technologies price pattern first instead of the macroeconomic environment surrounding Luminar Technologies. By analyzing Luminar Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Luminar Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Luminar Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 3.2 | 5.42 | 6.75 | 3.62 | Days Of Inventory On Hand | 81.9 | 31.78 | 31.25 | 29.68 |
Luminar Technologies November 28, 2024 Technical Indicators
Most technical analysis of Luminar help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Luminar from various momentum indicators to cycle indicators. When you analyze Luminar charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 5.28 | |||
| Coefficient Of Variation | (1,180) | |||
| Standard Deviation | 6.91 | |||
| Variance | 47.71 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (1.00) | |||
| Total Risk Alpha | (1.64) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 33.67 | |||
| Value At Risk | (11.57) | |||
| Potential Upside | 12.23 | |||
| Skewness | 0.3163 | |||
| Kurtosis | 0.1528 |
Additional Tools for Luminar Stock Analysis
When running Luminar Technologies' price analysis, check to measure Luminar Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.