Lamar Advertising Co (LAMR): Price Down $-0.65 (-0.63)% Over Past Day, Down $-0.7 (-0.68)% Over Past Hour

The Hourly View for LAMR

At the moment, LAMR (Get Ratings)’s price is down $-0.7 (-0.68%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. Most noteworthy in the world of moving averages on the hourly chart is that the 20 and 50 hour moving averages have been crossed, so that price is now turning below them. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

LAMR ranks 201st in terms of today’s price percentage change out of Trading stocks.

LAMR’s Technical Outlook on the Daily Chart

At the time of this writing, LAMR’s price is down $-0.65 (-0.63%) from the day prior. This move is a reversal from the day prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows LAMR’s price action over the past 90 days.

LAMR

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