LIGHTPATH TECHNOLOGIES INC-A (LPTH) Technical Analysis
NASDAQ:LPTH • US5322578056
Current stock price
10.53 USD
-0.96 (-8.36%)
At close:
10.587 USD
+0.06 (+0.54%)
After Hours:
LPTH Technical Rating and Analysis
We assign a technical rating of 7 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that LPTH is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by LPTH over the past year are nicely spread over this period.
- LPTH is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 97% of 124 stocks in the same industry.
- LPTH has an average volume of 2902410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LPTH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LPTH is lagging the market slightly.
- In the last month LPTH has a been trading in the 10.03 - 12.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
LPTH Weekly and Daily overview Charts
LPTH Setup Rating and Analysis
LPTH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.52, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
LPTH Support and Resistance Analysis
7.50
12.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.42 to 10.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.63 to 9.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.05 from a horizontal line in the daily time frame.
- Support @7.58 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 11.55 to 11.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.00 to 12.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.79 from a trend line in the daily time frame.
LPTH 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 | 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 | 99.03 | POSITIVE | LPTH has a high relative strength, it outperformed 99.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LPTH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LPTH is below a declining 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) | 45 | NEUTRAL | The RSI value for LPTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LPTH has a negative trend. |
| Stochastics (14,3) | 44.41 | NEUTRAL | The Stochastics value for LPTH is a neutral value. |
| Average True Range in percent/ATR (20) | 9.32 | HIGH VOLATILITY | The high ATR as a percentage value for LPTH suggests high volalility. |
| Average Directional Index/ADX (14) | 8.73 | NEGATIVE | The low ADX value for LPTH suggests a weak or negative trend. |
LPTH Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
LPTH Example Setup
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 |
|---|---|---|---|
| 11.73 | 10.41 | 1.32 (11.25%) | 8.89% |
| An entry @11.73. This is a Buy Stop order right above the resistance zone. | An exit @10.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.32 points, which is 11.25%. | When investing 8.89% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
LPTH Technicals: Chart, Performance Metrics, Trend & Indicators
10.53
-0.96 (-8.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-8.36%
1 Week0.19%
2 Weeks-4.88%
1 Month-12.25%
3 Month37.83%
6 Month45.44%
12 Month361.84%
2 Year663.04%
3 Year646.81%
5 Year239.68%
10 Year421.29%
15 Year401.43%
Volatility
ATR(14)0.86
ATR(20)%9.32%
ATR Inc19.31%
Range Today1.07
ADR(20)0.95
ADR(20)%8.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.03
3 months CRS96.07
6 months CRS94.53
Mansfield6.83
10 Day High12.06
10 Day Low10.3
20 Day High12.64
20 Day Low10.03
52 Week High15.24
52 Week Low1.61
CS1 End10.52
CR1 Start11.55
Volume & EV
DER(3)-2.83%
DER(5)-0.04%
Volume2.25M
Volume Incr-26.62%
Vol(5)1.75M
Vol(50)2.90M
LIGHTPATH TECHNOLOGIES INC-A / LPTH TA FAQ
What is the ChartMill technical rating of LIGHTPATH TECHNOLOGIES INC-A (LPTH) stock?
ChartMill assigns a technical rating of 7 / 10 to LPTH.
What is the current trend direction of LIGHTPATH TECHNOLOGIES INC-A (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 45.0046. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for LIGHTPATH TECHNOLOGIES INC-A?
LIGHTPATH TECHNOLOGIES INC-A (LPTH) has a support level at 10.52 and a resistance level at 11.55. Check the full technical report for our detailed analysis of LPTH support and resistance levels.