Overall LSB gets a technical rating of 0 out of 10. LSB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 93% of all other stocks performed better in the past year than LSB.
- LSB is one of the lesser performing stocks in the Biotechnology industry. 75% of 524 stocks in the same industry do better.
- LSB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month LSB has a been trading in the 0.57 - 0.88 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of LSB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.62
We found 1 important resistance area.
- Resistance @0.78 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for LSB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LSB is neutral. |
| ChartMill Relative Strength | 7.61 | NEGATIVE | LSB has a low relative strength, it was outperformed by 92.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LSB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LSB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LSB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.48 | OVERSOLD | The low RSI value suggests LSB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LSB has a negative trend. |
| Stochastics (14,3) | 29.33 | NEUTRAL | The Stochastics value for LSB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.26 | HIGH VOLATILITY | The high ATR as a percentage value for LSB suggests high volalility. |
| Average Directional Index/ADX (14) | 23.07 | NEUTRAL | The ADX value for LSB suggests a possible start of a new trend. |
0.627
-0.16 (-20.68%)
LAKESHORE BIOPHARMA CO LTD / LSB FAQ
Can you provide the ChartMill technical rating for LAKESHORE BIOPHARMA CO LTD?
ChartMill assigns a technical rating of 0 / 10 to LSB.
Can you provide the trend direction for LAKESHORE BIOPHARMA CO LTD?
The current trend direction for LAKESHORE BIOPHARMA CO LTD (LSB) is Bearish.
Can you provide the RSI signal for LAKESHORE BIOPHARMA CO LTD?
LAKESHORE BIOPHARMA CO LTD (LSB) has an RSI value of 27.4783. This indicates that the stock is currently oversold.
Can you provide the MACD signal for LAKESHORE BIOPHARMA CO LTD?
The MACD indicator for LAKESHORE BIOPHARMA CO LTD (LSB) has a value of -0.010688, indicating a bearish trend.
What is the support and resistance level for LSB stock?
LAKESHORE BIOPHARMA CO LTD (LSB) has a resistance level at 0.78. Check the full technical report for our detailed analysis of LSB support and resistance levels.