We assign a technical rating of 10 out of 10 to LPTH. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LPTH is showing a nice and steady performance.
Although LPTH has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
6.59
2 important support areas can be observed.
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 | UP | POSITIVE | The short term trend for LPTH is up. |
| ChartMill Relative Strength | 98.29 | POSITIVE | LPTH has a high relative strength, it outperformed 98.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LPTH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LPTH is above 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) | 76.12 | OVERBOUGHT | The high RSI value suggests LPTH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests LPTH has a positive trend. |
| Stochastics (14,3) | 93.84 | OVERBOUGHT | The high Stochastics value suggests LPTH may be overbought. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for LPTH suggests high volalility. |
| Average Directional Index/ADX (14) | 29.43 | POSITIVE | The high ADX value value for LPTH suggests a strong trend. |
11.72
+0.92 (+8.52%)
ChartMill assigns a technical rating of 10 / 10 to LPTH.
The current trend direction for LIGHTPATH TECHNOLOGIES INC-A (LPTH) is Bullish.
LIGHTPATH TECHNOLOGIES INC-A (LPTH) has an RSI value of 76.1173. This indicates that the stock is currently overbought.
The buy/sell signal for LIGHTPATH TECHNOLOGIES INC-A (LPTH) is buy as both the short term and long term trends are positive.
LIGHTPATH TECHNOLOGIES INC-A (LPTH) has a support level at 7.43. Check the full technical report for our detailed analysis of LPTH support and resistance levels.