LOGILITY SUPPLY CHAIN SOLUTI (LGTY) Technical Analysis
NASDAQ:LGTY • US0296831094
Current stock price
LGTY Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to LGTY. Although LGTY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 100% of all other stocks performed better in the past year than LGTY.
- LGTY is one of the lesser performing stocks in the Software industry. 89% of 275 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month LGTY has a been trading in a tight range between 14.21 and 14.31.
- Volume is considerably higher in the last couple of days.
LGTY Weekly and Daily overview Charts
LGTY Setup Rating and Analysis
Besides having an excellent technical rating, LGTY also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.27, 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
LGTY Support and Resistance Analysis
11.95
2 important support areas can be observed.
- A support zone ranging from 14.06 to 14.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.07 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.30 to 14.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
LGTY 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 | UP | POSITIVE | The long term trend for LGTY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LGTY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | LGTY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LGTY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LGTY is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 77.76 | OVERBOUGHT | The high RSI value suggests LGTY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LGTY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.72 | OVERBOUGHT | The high Stochastics value suggests LGTY may be overbought. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for LGTY suggests low volalility. |
| Average Directional Index/ADX (14) | 67.74 | POSITIVE | The high ADX value value for LGTY suggests a strong trend. |
LGTY Chart- and CandleStick Pattern Analysis
LGTY Example Setup
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 |
|---|---|---|---|
| 14.31 | 14.22 | 0.09 (0.63%) | 25.00% |
| An entry @14.31. This is a Buy Stop order right above the resistance zone. | An exit @14.22. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.09 points, which is 0.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.16%. |
- 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.
LGTY Technicals: Chart, Performance Metrics, Trend & Indicators
14.29
+0.01 (+0.07%)
LOGILITY SUPPLY CHAIN SOLUTI / LGTY TA FAQ
What is the technical rating for LGTY stock?
ChartMill assigns a technical rating of 7 / 10 to LGTY.
Can you provide the trend direction for LOGILITY SUPPLY CHAIN SOLUTI?
The current trend direction for LOGILITY SUPPLY CHAIN SOLUTI (LGTY) is Bullish.
What is the RSI signal for LOGILITY SUPPLY CHAIN SOLUTI (LGTY) stock?
LOGILITY SUPPLY CHAIN SOLUTI (LGTY) has an RSI value of 77.7576. This indicates that the stock is currently overbought.
Can you provide the short term momentum for LOGILITY SUPPLY CHAIN SOLUTI?
The short term momentum for LOGILITY SUPPLY CHAIN SOLUTI (LGTY) is positive.
What is the support and resistance level for LGTY stock?
LOGILITY SUPPLY CHAIN SOLUTI (LGTY) has a support level at 14.27 and a resistance level at 14.3. Check the full technical report for our detailed analysis of LGTY support and resistance levels.