LOTUS TECHNOLOGY INC (LOT) Technical Analysis
NASDAQ:LOT • US54572F1012
Current stock price
LOT Technical Rating and Analysis
Overall LOT gets a technical rating of 1 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 61% of all other stocks performed better in the past year than LOT.
- LOT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LOT is lagging the market.
- LOT is one of the better performing stocks in the Automobiles industry, it outperforms 73% of 35 stocks in the same industry.
- In the last month LOT has a been trading in the 1.06 - 1.32 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LOT Weekly and Daily overview Charts
LOT Setup Rating and Analysis
The technical rating of LOT is bad and it also does not present a quality setup 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
LOT Support and Resistance Analysis
1.07
We found 1 important support area.
- A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @1.50 from a horizontal line in the daily time frame.
LOT 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 | 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 | 39.53 | NEUTRAL | LOT is not amongst the best or worst performers 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 | MIXED | The current price of LOT is above 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) | 63.87 | NEUTRAL | The RSI value for LOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LOT has a positive trend. |
| Stochastics (14,3) | 62.48 | NEUTRAL | The Stochastics value for LOT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for LOT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.92 | NEGATIVE | The low ADX value for LOT suggests a weak or negative trend. |
LOT Chart- and CandleStick Pattern Analysis
LOT Technicals: Chart, Performance Metrics, Trend & Indicators
1.26
+0.06 (+5%)
LOTUS TECHNOLOGY INC / LOT TA 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 trend direction for LOT stock?
The current trend direction for LOTUS TECHNOLOGY INC (LOT) is Bearish.
Can you provide the RSI signal for LOTUS TECHNOLOGY INC?
LOTUS TECHNOLOGY INC (LOT) has an RSI value of 63.8723. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LOTUS TECHNOLOGY INC?
The MACD indicator for LOTUS TECHNOLOGY INC (LOT) has a value of 0.0155086, indicating a bearish trend.
What is the short term momentum for LOT stock?
The short term momentum for LOTUS TECHNOLOGY INC (LOT) is neutral.