Technical Analysis for LWLG - Lightwave Logic Inc

Grade Last Price % Change Price Change
A 7.9100 -10.11% -0.8900
LWLG closed up 2.21 percent on Thursday, June 8, 2023, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup -10.11%
Upper Bollinger Band Walk Strength -10.11%
Wide Bands Range Expansion -10.11%
Overbought Stochastic Strength -10.11%
Up 3 Days in a Row Strength -10.11%
Up 4 Days in a Row Strength -10.11%
Up 5 Days in a Row Strength -10.11%
Shooting Star Candlestick Bearish -8.13%
Lizard Bearish Bearish Day Trade Setup -8.13%
Gilligan's Island Sell Setup Bearish Swing Setup -8.13%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
10 DMA Support about 5 hours ago
Fell Below 10 DMA about 6 hours ago
Down 10% about 7 hours ago
Down 1 ATR about 8 hours ago
Outside Day about 9 hours ago

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Lightwave Logic Inc Description

Lightwave Logic, Inc. is a development-stage, electro-optical device and organic nonlinear materials company. The Company is engaged in the chemical synthesis of chromophore dyes used in the development of organic Application Specific Electro-Optic Polymers (ASEOP) and Organic Non-Linear All-Optical Polymers (NLAOP) that have high electro-optic and optical activity. The Company's family of materials has utility across a range of applications in devices that address markets, including telecommunication, data communications, high-speed computing and photovoltaic cells. The Company develops photonic devices that utilize its polymer-based material systems. These polymer-based material systems, when used in modulators or waveguide structures, can convert high-speed electronic signals into optical (light) signals for use in communications systems, high-speed data transfer or advanced high speed computing.


Sector: Basic Materials
Industry: Specialty Chemicals
Keywords: Optics Data Communications Synthes Photonics Optical Devices Electromagnetic Radiation Communications System Communications Systems Dyes Optoelectronics Nonlinear Optics Waveguide Chemical Synthesis Electro Optics Material Systems Silicon Photonics

Is LWLG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 12.43
52 Week Low 3.8802
Average Volume 827,331
200-Day Moving Average 6.3935
50-Day Moving Average 5.2984
20-Day Moving Average 6.2563
10-Day Moving Average 7.5750
Average True Range 0.6225
RSI (14) 81.34
ADX 40.32
+DI 45.9272
-DI 9.9392
Chandelier Exit (Long, 3 ATRs) 7.3125
Chandelier Exit (Short, 3 ATRs) 5.7477
Upper Bollinger Bands 9.3223
Lower Bollinger Band 3.1903
Percent B (%b) 0.91
BandWidth 98.0132
MACD Line 1.0078
MACD Signal Line 0.7102
MACD Histogram 0.2976
Fundamentals Value
Market Cap 837.69 Million
Num Shares 95.2 Million
EPS -0.08
Price-to-Earnings (P/E) Ratio -110.00
Price-to-Sales 0.00
Price-to-Book 16.38
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.7900
Resistance 3 (R3) 9.7433 9.3667 9.6250
Resistance 2 (R2) 9.3667 9.1145 9.3900 9.5700
Resistance 1 (R1) 9.0833 8.9588 9.2250 9.1300 9.5150
Pivot Point 8.7067 8.7067 8.7775 8.7300 8.7067
Support 1 (S1) 8.4233 8.4545 8.5650 8.4700 8.0850
Support 2 (S2) 8.0467 8.2988 8.0700 8.0300
Support 3 (S3) 7.7633 8.0467 7.9750
Support 4 (S4) 7.8100