We assign a technical rating of 1 out of 10 to LOT. 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.
LOT has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.23
2 important support areas can be observed.
- A support zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @1.24 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.43 to 1.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.82 from a trend line in the weekly time frame.
- Resistance @1.99 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 | NEUTRAL | NEUTRAL | The short term trend for LOT is neutral. |
| ChartMill Relative Strength | 6.82 | NEGATIVE | LOT has a low relative strength, it was outperformed by 93.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOT is above the rising 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) | 51.6 | NEUTRAL | The RSI value for LOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LOT has a positive trend. |
| Stochastics (14,3) | 29.86 | NEUTRAL | The Stochastics value for LOT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for LOT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for LOT suggests a weak or negative trend. |
1.38
-0.03 (-2.13%)
LOTUS TECHNOLOGY INC / LOT FAQ
What is the ChartMill technical rating of LOTUS TECHNOLOGY INC (LOT) stock?
ChartMill assigns a technical rating of 1 / 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 51.5953. 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 neutral.
What is the support and resistance level for LOT stock?
LOTUS TECHNOLOGY INC (LOT) has a support level at 1.4 and a resistance level at 1.43. Check the full technical report for our detailed analysis of LOT support and resistance levels.