LINEAGE CELL THERAPEUTICS IN (LCTX) Stock Technical Analysis
NYSEARCA:LCTX • US53566P1093
Overall LCTX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LCTX is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, LCTX did better than 95% of all other stocks. We also observe that the gains produced by LCTX over the past year are nicely spread over this period.
- LCTX is part of the Biotechnology industry. There are 521 other stocks in this industry. LCTX outperforms 87% of them.
- 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.
- In the last month LCTX has a been trading in the 1.45 - 1.90 range, which is quite wide. It is currently trading near the high of this range.
- LCTX has an average volume of 1163620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LCTX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for LCTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.53
We found 4 important support areas.
- Support @1.80 from a horizontal line in the daily time frame.
- A support zone ranging from 1.73 to 1.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.65 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.55 to 1.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.83 from a trend line in the daily time frame.
- Resistance @1.96 from a horizontal line in the daily 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 | 95.68 | POSITIVE | LCTX has a high relative strength, it outperformed 95.68% 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) | 57.73 | NEUTRAL | The RSI value for LCTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LCTX has a positive trend. |
| Stochastics (14,3) | 71.11 | NEUTRAL | The Stochastics value for LCTX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for LCTX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.2 | NEGATIVE | The low ADX value for LCTX suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 1.84 | 1.79 | 0.05 (2.72%) | 25.00% |
| An entry @1.84. This is a Buy Stop order right above the resistance zone. | An exit @1.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.05 points, which is 2.72%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- 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.
1.81
+0.03 (+1.69%)
LINEAGE CELL THERAPEUTICS IN / LCTX FAQ
What is the technical rating for LCTX stock?
ChartMill assigns a technical rating of 10 / 10 to LCTX.
What is the trend direction for LCTX stock?
The current trend direction for LINEAGE CELL THERAPEUTICS IN (LCTX) is Bullish.
What is the RSI signal for LCTX stock?
LINEAGE CELL THERAPEUTICS IN (LCTX) has an RSI value of 57.7284. This indicates that the stock is currently neutral.
What is the MACD signal for LINEAGE CELL THERAPEUTICS IN (LCTX) stock?
The MACD indicator for LINEAGE CELL THERAPEUTICS IN (LCTX) has a value of 0.0129929, indicating a bearish trend.
Can you provide the support and resistance levels for LINEAGE CELL THERAPEUTICS IN?
LINEAGE CELL THERAPEUTICS IN (LCTX) has a support level at 1.8 and a resistance level at 1.83. Check the full technical report for our detailed analysis of LCTX support and resistance levels.