LITE STRATEGY INC (LITS) Technical Analysis
NASDAQ:LITS • US55279B3015
Current stock price
1.18 USD
+0.03 (+2.61%)
At close:
1.2 USD
+0.02 (+1.69%)
After Hours:
LITS Technical Rating and Analysis
Overall LITS gets a technical rating of 2 out of 10. LITS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, LITS is a bad performer in the overall market: 100% of all stocks are doing better.
- LITS is one of the lesser performing stocks in the Biotechnology industry. 93% of 519 stocks in the same industry do better.
- In the last month LITS has a been trading in the 1.01 - 1.23 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
LITS Weekly and Daily overview Charts
LITS Setup Rating and Analysis
LITS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
LITS Support and Resistance Analysis
1.11
1.24
We found 1 important support area.
- Support @1.12 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
LITS 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 | NEUTRAL | NEUTRAL | The long term trend for LITS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LITS is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | LITS 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 LITS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LITS is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.1 | NEUTRAL | The RSI value for LITS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LITS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.88 | NEUTRAL | The Stochastics value for LITS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.55 | HIGH VOLATILITY | The high ATR as a percentage value for LITS suggests high volalility. |
| Average Directional Index/ADX (14) | 14.27 | NEGATIVE | The low ADX value for LITS suggests a weak or negative trend. |
LITS Chart- and CandleStick Pattern Analysis
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)
LITS Technicals: Chart, Performance Metrics, Trend & Indicators
1.18
+0.03 (+2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.61%
1 Week3.51%
2 Weeks4.42%
1 Month14.56%
3 Month-30.99%
6 Month-59.73%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.55%
ATR Inc-24.53%
Range Today0.06
ADR(20)0.07
ADR(20)%6.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRS11.17
6 months CRS6
Mansfield-30
10 Day High1.23
10 Day Low1.06
20 Day High1.23
20 Day Low1.01
52 Week HighN/A
52 Week LowN/A
CS1 End1.12
CR1 Start1.23
Volume & EV
DER(3)-8.4%
DER(5)-9.88%
Volume248.40K
Volume Incr-15.65%
Vol(5)299.78K
Vol(50)443.35K
LITE STRATEGY INC / LITS TA FAQ
What is the ChartMill technical rating of LITE STRATEGY INC (LITS) stock?
ChartMill assigns a technical rating of 2 / 10 to LITS.
Can you provide the trend direction for LITE STRATEGY INC?
The current trend direction for LITE STRATEGY INC (LITS) is Bearish.
What is the RSI signal for LITE STRATEGY INC (LITS) stock?
LITE STRATEGY INC (LITS) has an RSI value of 51.1045. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LITE STRATEGY INC?
The MACD indicator for LITE STRATEGY INC (LITS) has a value of 0.013867, indicating a bearish trend.