Red List

LWLGLightwave Logic, Inc.

Basic Materials · Specialty Chemicals · small-cap ($1.5B)
-68.2%
from rolling 252-day high of $18.71 set 2026-05-13 · 69d ago
Current
$6.29
Decline depth
-68.2%
Decline σ
5.2σ
TFC
0/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$LWLG landed on the list 2026-06-11, down 46.3% from its 52-week high that day — now down -68.2%.

That's 16.9 percentage points deeper than the day it joined. It bottomed 68.2% below that high along the way.

Decline from the 52-week high as it stood on 2026-06-11 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

LWLG qualifies for the Red List on decline depth.

Decline depth
-68.2%
From rolling 252-day high of $18.71, 69d ago. Past the 40% Red List threshold.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
5.2σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (6.97% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about LWLG.

LWLG qualifies for the Red List on decline depth — down -68.2% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy. Depth plus recency: this is the pattern many investors call a falling knife.

Cross-confirmation: decline sigma also reads 5.2σ over 20 bars.

Earnings on file: 2026-05-13. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $1.19 29.1% of range 52W high $18.71

Sector context · Basic Materials

69 other Basic Materials tickers are on Broken Stocks.

37 Red List
14 Amber
18 Watch
-37.4% Median decline

Worst in sector: FMC (-73.7%). Least-bad: SCCO (-20.6%). See all Basic Materials listings →

Questions about LWLG

What people ask.

Why is LWLG on Broken Stocks?

LWLG qualifies for the Red List on decline depth. It is down -68.2% from its rolling 252-day high of $18.71, set on 2026-05-13 — 69d ago.

Is LWLG a falling knife?

By the most common technical definition — a steep, recent breakdown from a fresh high — yes. LWLG is down -68.2% from its 52-week high of $18.71, set 69d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.

Is LWLG a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is LWLG trading inside its 52-week range?

At $6.29, LWLG sits 29.1% of the way from its 52-week low ($1.19) to its 52-week high ($18.71). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has LWLG been declining?

The current 68.2% decline accrued over 69d, which annualizes to roughly -360.8% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does LWLG compare to its sector?

There are 69 other Basic Materials tickers on Broken Stocks: 37 Red, 14 Amber, 18 Watch, with 13 showing recovering structural signals. Median sector decline is -37.4% — LWLG's decline is deeper than the sector median.

Does LWLG's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-13) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.