We assign a technical rating of 8 out of 10 to LPTH. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, LPTH also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for LPTH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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4.14
4 important support areas can be observed.
- A support zone ranging from 7.24 to 7.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.39 from a trend line in the daily time frame.
- Support @4.34 from a trend line in the daily time frame.
- Support @4.18 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for LPTH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LPTH is neutral. |
| ChartMill Relative Strength | 98.74 | POSITIVE | LPTH has a high relative strength, it outperformed 98.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LPTH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LPTH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LPTH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.03 | NEUTRAL | The RSI value for LPTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LPTH has a positive trend. |
| Stochastics (14,3) | 38.8 | NEUTRAL | The Stochastics value for LPTH is a neutral value. |
| Average True Range in percent/ATR (20) | 10.16 | HIGH VOLATILITY | The high ATR as a percentage value for LPTH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.39 | NEGATIVE | The low ADX value for LPTH suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.40 | 7.23 | 0.17 (2.30%) | 25.00% |
| An entry @7.40. This is a Buy Stop order right above the 10 day high. | An exit @7.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.17 points, which is 2.30%. | For a 0.57% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LPTH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.35
+0.43 (+6.21%)
LIGHTPATH TECHNOLOGIES INC-A / LPTH FAQ
What is the ChartMill technical rating of LIGHTPATH TECHNOLOGIES INC-A (LPTH) stock?
ChartMill assigns a technical rating of 8 / 10 to LPTH.
What is the trend direction for LPTH stock?
The current trend direction for LIGHTPATH TECHNOLOGIES INC-A (LPTH) is Bullish.
What is the RSI signal for LPTH stock?
LIGHTPATH TECHNOLOGIES INC-A (LPTH) has an RSI value of 51.0307. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LIGHTPATH TECHNOLOGIES INC-A?
The short term momentum for LIGHTPATH TECHNOLOGIES INC-A (LPTH) is neutral.
What are the support and resistance levels for LIGHTPATH TECHNOLOGIES INC-A (LPTH) stock?
LIGHTPATH TECHNOLOGIES INC-A (LPTH) has a support level at 7.34. Check the full technical report for our detailed analysis of LPTH support and resistance levels.