LITTELFUSE INC (LFUS) Stock Technical Analysis
USA - NASDAQ:LFUS - US5370081045 - Common Stock
263.96 USD
-7.21 (-2.66%)
263.96 USD
0 (0%)
We assign a technical rating of 8 out of 10 to LFUS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LFUS is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
LFUS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month LFUS has a been trading in the 246.00 - 271.81 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the yearly performance of all stocks, we notice that LFUS is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
LFUS is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, LFUS did better than 46% of them.
LFUS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 262.04, 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
225.94
273.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 259.21 to 262.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @253.07 from a trend line in the daily time frame.
- A support zone ranging from 228.22 to 230.33. 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 @263.97 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 270.33 to 271.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LFUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LFUS is up. |
| ChartMill Relative Strength | 70.55 | POSITIVE | LFUS has a high relative strength, it outperformed 70.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LFUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LFUS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LFUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.28 | NEUTRAL | The RSI value for LFUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LFUS has a negative trend. |
| Stochastics (14,3) | 80.08 | OVERBOUGHT | The high Stochastics value suggests LFUS may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for LFUS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.47 | POSITIVE | The high ADX value value for LFUS 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 |
|---|---|---|---|
| 263.98 | 259.20 | 4.78 (1.81%) | 25.00% |
| An entry @263.98. This is a Buy Stop order right above the resistance zone. | An exit @259.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.78 points, which is 1.81%. | For a 0.45% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LFUS. 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.
263.96
-7.21 (-2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.66%
1 Week0.51%
2 Weeks-0.05%
1 Month2.98%
3 Month22.12%
6 Month25.39%
12 Month5.58%
2 Year6.73%
3 Year32.85%
5 Year48.84%
10 Year189.59%
15 Year504.03%
Volatility
ATR(14)6.23
ATR(20)%2.46%
ATR Inc23.07%
Range Today7.33
ADR(20)6.12
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.55
Mansfield0.34
10 Day High271.81
10 Day Low251.71
20 Day High271.81
20 Day Low246
52 Week High271.81
52 Week Low142.1
CS1 End262.04
CR1 Start263.97
Volume & EV
DER(3)2.73%
DER(5)1.49%
Volume137.20K
Volume Incr-9.64%
Vol(5)146.80K
Vol(50)177.48K