LEDDARTECH HOLDINGS INC (LDTC) Technical Analysis
NASDAQ:LDTC • CA52328E1051
Current stock price
LDTC Technical Rating and Analysis
Taking everything into account, LDTC scores 0 out of 10 in our technical rating. LDTC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, LDTC is a bad performer in the overall market: 100% of all stocks are doing better.
- LDTC is part of the Software industry. There are 275 other stocks in this industry, of which 89% are performing better than LDTC.
- LDTC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so LDTC is lagging the market.
- In the last month LDTC has a been trading in the 0.15 - 0.43 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- LDTC has an average volume of 1464370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LDTC Weekly and Daily overview Charts
LDTC Setup Rating and Analysis
The technical rating of LDTC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
LDTC Support and Resistance Analysis
0.15
We found 1 important resistance area.
- Resistance @0.26 from a trend line in the daily time frame.
LDTC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for LDTC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LDTC is down. |
| ChartMill Relative Strength | 0.62 | NEGATIVE | LDTC has a low relative strength, it was outperformed by 99.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LDTC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LDTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LDTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.24 | NEUTRAL | The RSI value for LDTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LDTC has a negative trend. |
| Stochastics (14,3) | 7.32 | OVERSOLD | The low Stochastics value suggests LDTC may be oversold. |
| Average True Range in percent/ATR (20) | 40.15 | HIGH VOLATILITY | The high ATR as a percentage value for LDTC suggests high volalility. |
| Average Directional Index/ADX (14) | 14.49 | NEGATIVE | The low ADX value for LDTC suggests a weak or negative trend. |
LDTC Chart- and CandleStick Pattern Analysis
LDTC Technicals: Chart, Performance Metrics, Trend & Indicators
0.1525
-0.04 (-19.74%)
LEDDARTECH HOLDINGS INC / LDTC TA FAQ
Can you provide the ChartMill technical rating for LEDDARTECH HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to LDTC.
Can you provide the trend direction for LEDDARTECH HOLDINGS INC?
The current trend direction for LEDDARTECH HOLDINGS INC (LDTC) is Bearish.
Can you provide the RSI signal for LEDDARTECH HOLDINGS INC?
LEDDARTECH HOLDINGS INC (LDTC) has an RSI value of 30.2408. This indicates that the stock is currently neutral.
What is the MACD signal for LEDDARTECH HOLDINGS INC (LDTC) stock?
The MACD indicator for LEDDARTECH HOLDINGS INC (LDTC) has a value of -0.0147355, indicating a bearish trend.
Can you provide the support and resistance levels for LEDDARTECH HOLDINGS INC?
LEDDARTECH HOLDINGS INC (LDTC) has a resistance level at 0.26. Check the full technical report for our detailed analysis of LDTC support and resistance levels.