LOTUS TECHNOLOGY INC (LOT) Stock Technical Analysis
NASDAQ:LOT • US54572F1012
Taking everything into account, LOT scores 0 out of 10 in our technical rating. LOT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, LOT is a bad performer in the overall market: 91% of all stocks are doing better.
- LOT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month LOT has a been trading in the 1.07 - 1.55 range, which is quite wide. It is currently trading near the lows of this range.
- LOT is part of the Automobiles industry. There are 35 other stocks in this industry, LOT did better than 44% of them.
- Considerably lower volume is observed in the last couple of days.
LOT has a poor technical rating and the quality of the setup is also not perfect 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
1.10
We can see 5 important resistance areas.
- Resistance @1.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.33 to 1.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.50 from a horizontal line in the daily time frame.
- Resistance @1.73 from a trend line in the weekly time frame.
- Resistance @1.89 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for LOT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOT is down. |
| ChartMill Relative Strength | 9.65 | NEGATIVE | LOT has a low relative strength, it was outperformed by 90.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LOT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.88 | NEUTRAL | The RSI value for LOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LOT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.58 | OVERSOLD | The low Stochastics value suggests LOT may be oversold. |
| Average True Range in percent/ATR (20) | 9.65 | HIGH VOLATILITY | The high ATR as a percentage value for LOT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for LOT suggests a possible start of a new trend. |
1.11
+0.02 (+1.83%)
LOTUS TECHNOLOGY INC / LOT FAQ
What is the ChartMill technical rating of LOTUS TECHNOLOGY INC (LOT) stock?
ChartMill assigns a technical rating of 0 / 10 to LOT.
What is the current trend direction of LOTUS TECHNOLOGY INC (LOT) stock?
The current trend direction for LOTUS TECHNOLOGY INC (LOT) is Bearish.
What is the RSI signal for LOTUS TECHNOLOGY INC (LOT) stock?
LOTUS TECHNOLOGY INC (LOT) has an RSI value of 34.8822. This indicates that the stock is currently neutral.
What is the short term momentum for LOT stock?
The short term momentum for LOTUS TECHNOLOGY INC (LOT) is negative.
What is the support and resistance level for LOT stock?
LOTUS TECHNOLOGY INC (LOT) has a resistance level at 1.2. Check the full technical report for our detailed analysis of LOT support and resistance levels.