La-Z-Boy Incorporated (LZB)

La-Z-Boy Incorporated is trading at $33.64, down 17.61% on the session. The 50 day average sits at $39.69 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 57.8, which reads as strong, and MACD is bullish crossover. Volume is average.

The nearest support is around $39.32 with resistance near $41.97, so that band frames the current range. Average daily movement is roughly $1.14, or about 3.4% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 71.

La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products in the United States and internationally. The company operates through Wholesale and Retail segments. Its Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, casegoods (wood) furniture, including bedroom sets, dining room sets, entertainment centers, and occasional pieces. This segment sells its products directly to La-Z-Boy Stores, operators of La-Z-Boy Comfort Studio and branded space locations, England Custom Comfort Center locations, dealers, and other independent retailers. The Retail segment sells upholstered furniture, casegoods, and other home furnishing accessories to the end consumer through its retail stores. It licenses La-Z-Boy brand name on various products; and operates Joybird, an omni-channel, direct to consumer retailer and manufacturer of upholstered furniture, as well as sells to the end consumer primarily online through its www.joybird.com website and small-format stores in key markets. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is headquartered in Monroe, Michigan.