LOT Technical Analysis - LOTUS TECHNOLOGY INC

Technical Rating and Analysis

Taking everything into account, LOT scores 1 out of 10 in our technical rating. LOT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

94% of all other stocks performed better in the past year than LOT.

LOT is one of the lesser performing stocks in the Automobiles industry. 69% of 37 stocks in the same industry do better.

LOT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

In the last month LOT has a been trading in the 1.94 - 2.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

LOTUS TECHNOLOGY INC / LOT Weekly stock chart

LOTUS TECHNOLOGY INC / LOT Daily stock chart

Setup Rating and Analysis

LOT 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.87

2.39

2 important support areas can be observed.

A support zone ranging from 2.04 to 2.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 1.89 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

A resistance zone ranging from 2.22 to 2.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
Resistance @2.37 from a horizontal line in the weekly time frame.

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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 LOT is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for LOT is neutral.
ChartMill Relative Strength	6.21	NEGATIVE	LOT has a low relative strength, it was outperformed by 93.79% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of LOT is above 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)	52.1	NEUTRAL	The RSI value for LOT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests LOT has a positive trend, although the MACD value is declining.
Stochastics (14,3)	53.27	NEUTRAL	The Stochastics value for LOT is a neutral value.
Average True Range in percent/ATR (20)	5.43	HIGH VOLATILITY	The high ATR as a percentage value for LOT suggests high volalility.
Average Directional Index/ADX (14)	19.12	NEGATIVE	The low ADX value for LOT suggests a weak or negative trend.