LANGAR GLOBAL HEALTHTECH ETF (LGHT) Stock Technical Analysis
NYSEARCA:LGHT - NYSE Arca - US84858T8633 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to LGHT. In the past year, LGHT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
61% of all other stocks performed better in the past year than LGHT.
Warning: LGHT has an average volume of 3504 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
LGHT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LGHT is lagging the market slightly.
In the last month LGHT has a been trading in a tight range between 9.80 and 10.35.
Considerably lower volume is observed in the last couple of days.
LGHT has an average technical rating and the quality of the presented setup is also not ideal 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
9.95
10.88
When analyzing the support we notice one important area.
- A support zone ranging from 10.05 to 10.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.27 to 10.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 10.62 to 10.77. 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 | NEUTRAL | NEUTRAL | The long term trend for LGHT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LGHT is up. |
| ChartMill Relative Strength | 39.45 | NEUTRAL | LGHT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LGHT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LGHT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LGHT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.56 | NEUTRAL | The RSI value for LGHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LGHT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.03 | NEUTRAL | The Stochastics value for LGHT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for LGHT suggests low volalility. |
| Average Directional Index/ADX (14) | 15.12 | NEGATIVE | The low ADX value for LGHT suggests a weak or negative 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)
NYSEARCA:LGHT (6/2/2025, 8:16:31 PM)
10.264
+0.05 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.49%
1 Week3.11%
2 Weeks-0.26%
1 Month2.13%
3 Month-0.93%
6 Month-3.47%
12 Month-3.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%1.05%
ATR Inc-67.3%
Range Today0.01
ADR(20)0.04
ADR(20)%0.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.45
Mansfield-0.42
10 Day High10.35
10 Day Low9.93
20 Day High10.35
20 Day Low9.8
52 Week High11.18
52 Week Low8.42
CS1 End10.17
CR1 Start10.27
Volume & EV
DER(3)0%
DER(5)0%
Volume300
Volume Incr-47.52%
Vol(5)740
Vol(50)3.50K