LANGAR GLOBAL HEALTHTECH ETF (LGHT) Stock Technical Analysis
NYSEARCA:LGHT - NYSE Arca - US84858T8633 - ETF - Currency: USD
We assign a technical rating of 3 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.
When comparing the yearly performance of all stocks, LGHT is a bad performer in the overall market: 63% of all stocks are doing better.
Warning: LGHT has an average volume of 3489 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month LGHT has a been trading in the 9.74 - 10.35 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
LGHT has a poor technical rating and the quality of the setup is also only medium 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
9.99
10.88
2 important resistance areas can be observed.
- A resistance zone ranging from 10.14 to 10.34. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for LGHT is neutral. |
| ChartMill Relative Strength | 37.55 | 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) | 53.46 | NEUTRAL | The RSI value for LGHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LGHT has a negative trend. |
| Stochastics (14,3) | 42.34 | NEUTRAL | The Stochastics value for LGHT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for LGHT suggests low volalility. |
| Average Directional Index/ADX (14) | 15.17 | 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 (5/28/2025, 4:10:03 PM)
10.09
-0.05 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week-2.51%
2 Weeks-2.04%
1 Month3.28%
3 Month-4.78%
6 Month-5.17%
12 Month-3.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%1.18%
ATR Inc9%
Range Today0.03
ADR(20)0.05
ADR(20)%0.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.55
Mansfield-0.53
10 Day High10.35
10 Day Low9.93
20 Day High10.35
20 Day Low9.74
52 Week High11.18
52 Week Low8.42
CS1 EndN/A
CR1 Start10.14
Volume & EV
DER(3)0%
DER(5)-17.56%
Volume1.79K
Volume Incr94.15%
Vol(5)2.40K
Vol(50)3.49K