LINEAGE CELL THERAPEUTICS IN (LCTX) Stock Technical Analysis
NYSEARCA:LCTX - US53566P1093 - Common Stock
1.22 USD
+0.05 (+4.27%)
1.2091 USD
-0.01 (-0.89%)
Taking everything into account, LCTX scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, LCTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
LCTX is one of the better performing stocks in the Biotechnology industry, it outperforms 88% of 542 stocks in the same industry.
LCTX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LCTX is lagging the market slightly.
LCTX has an average volume of 2435560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LCTX did better than 93% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month LCTX has a been trading in the 0.95 - 1.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, LCTX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.16, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.93
1.24
We found 4 important support areas.
- A support zone ranging from 1.16 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.09 from a trend line in the daily time frame.
- Support @0.99 from a trend line in the daily time frame.
- Support @0.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.23 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LCTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LCTX is up. |
| ChartMill Relative Strength | 93.9 | POSITIVE | LCTX has a high relative strength, it outperformed 93.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LCTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LCTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LCTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.27 | NEUTRAL | The RSI value for LCTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LCTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.65 | NEUTRAL | The Stochastics value for LCTX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.73 | HIGH VOLATILITY | The high ATR as a percentage value for LCTX suggests high volalility. |
| Average Directional Index/ADX (14) | 36.23 | POSITIVE | The high ADX value value for LCTX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.24 | 1.15 | 0.09 (7.26%) | 13.78% |
| An entry @1.24. This is a Buy Stop order right above the resistance zone. | An exit @1.15. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.09 points, which is 7.26%. | For a 1.00% total portfolio risk, you can invest 13.78% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LCTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.22
+0.05 (+4.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.27%
1 Week4.27%
2 Weeks-4.69%
1 Month25.77%
3 Month80.69%
6 Month132.25%
12 Month45.93%
2 Year3.39%
3 Year7.96%
5 Year30.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.73%
ATR Inc8.94%
Range Today0.11
ADR(20)0.08
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.9
Mansfield5.32
10 Day High1.31
10 Day Low1.14
20 Day High1.31
20 Day Low0.95
52 Week High1.31
52 Week Low0.37
CS1 End1.16
CR1 Start1.23
Volume & EV
DER(3)-11.29%
DER(5)-3.23%
Volume2.57M
Volume Incr14.64%
Vol(5)1.72M
Vol(50)2.44M