What investors think about La-z-boy $LZB from here

Investors speak with their pocketbooks, this is reflected in the price of equities, and if we pay attention we can tell what they are saying. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The La-z-boy (NYSE: LZB) report below can help you, but we have more details too. The trading plans for LZB, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

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Review the LZB Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Weak Strong Strong
P1 0 0 25.60
P2 38.05 38.57 31.88
P3 38.76 40.96 37.53

Long Term Trading Plans for LZB

November 30, 2020, 2:30 pm ET

The Technical Summary and Trading Plans for LZB help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this LZB Report.

LZB - (Long) Support Plan

The technical summary data tells us to buy LZB near 31.88 with an upside target of 37.53. This data also tells us to set a stop loss @ 31.79 to protect against excessive loss in case the stock begins to move against the trade. 31.88 is the first level of support below 37.26 , and by rule, any test of support is a buy signal. In this case, support 31.88 is being tested, a buy signal would exist.

LZB - (Short) Resistance Plan

The technical summary data is suggesting a short of LZB as it gets near 37.53 with a downside target of 31.88. We should have a stop loss in place at 37.64 though. 37.53 is the first level of resistance above 37.26, and by rule, any test of resistance is a short signal. In this case, if resistance 37.53 is being tested, a short signal would exist.

LZB Long Term Analysis

LZB EPS Analysis

LZB Dividend Chart

LZB Revenue chart

LZB Growth rate - Quarterly

LZB Growth rate - Yearly

LZB PE chart

LZB PEG chart