LIGHTPATH TECHNOLOGIES INC-A (LPTH) Stock Technical Analysis
NASDAQ:LPTH - Nasdaq - US5322578056 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to LPTH. In the last year, LPTH was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that LPTH is one of the better performing stocks in the market, outperforming 97% of all stocks.
LPTH is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 95% of 125 stocks in the same industry.
In the last month LPTH has a been trading in the 2.21 - 3.25 range, which is quite wide. It is currently trading near the high of this range.
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.
Volume is considerably higher in the last couple of days.
Although LPTH has an excellent technical rating, it does not offer a high 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
1.82
3.14
We found 4 important support areas.
- Support @2.79 from a horizontal line in the daily time frame.
- A support zone ranging from 2.54 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.88 from a trend line in the weekly time frame.
- Support @1.84 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.11 to 3.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 97.63 | POSITIVE | LPTH has a high relative strength, it outperformed 97.63% 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) | 63.06 | NEUTRAL | The RSI value for LPTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LPTH has a positive trend. |
| Stochastics (14,3) | 70.47 | NEUTRAL | The Stochastics value for LPTH is a neutral value. |
| Average True Range in percent/ATR (20) | 7.04 | HIGH VOLATILITY | The high ATR as a percentage value for LPTH suggests high volalility. |
| Average Directional Index/ADX (14) | 35.19 | POSITIVE | The high ADX value value for LPTH suggests a strong trend. |
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)
3.1
+0.3 (+10.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg10.71%
1 Week3.68%
2 Weeks10.71%
1 Month23.51%
3 Month49.04%
6 Month39.01%
12 Month154.1%
2 Year129.63%
3 Year152.03%
5 Year-7.19%
10 Year76.14%
15 Year97.45%
Volatility
ATR(14)0.23
ATR(20)%7.04%
ATR Inc32.44%
Range Today0.47
ADR(20)0.21
ADR(20)%6.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.63
Mansfield4.63
10 Day High3.25
10 Day Low2.78
20 Day High3.25
20 Day Low2.21
52 Week High4.42
52 Week Low1.04
CS1 End2.79
CR1 Start3.11
Volume & EV
DER(3)2.8%
DER(5)-0.2%
Volume481.80K
Volume Incr39.65%
Vol(5)238.96K
Vol(50)149.50K