LAKESHORE BIOPHARMA CO LTD (LSB) Technical Analysis
NASDAQ:LSB • KYG9845F2080
Current stock price
0.627 USD
-0.16 (-20.68%)
At close:
0.5399 USD
-0.09 (-13.89%)
After Hours:
LSB Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LSB. LSB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- When comparing the yearly performance of all stocks, LSB is a bad performer in the overall market: 93% of all stocks are doing better.
- LSB is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 78% are performing better than LSB.
- 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.
LSB Weekly and Daily overview Charts
LSB Setup Rating and Analysis
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
LSB Support and Resistance Analysis
0.62
0.79
We found 1 important resistance area.
- Resistance @0.78 from a trend line in the daily time frame.
LSB 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 | 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. |
LSB 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)
LSB Technicals: Chart, Performance Metrics, Trend & Indicators
0.627
-0.16 (-20.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-20.68%
1 Week-24.5%
2 Weeks-25.36%
1 Month-25%
3 Month-36.02%
6 Month-77.36%
12 Month-18.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%10.26%
ATR Inc224.58%
Range Today0.28
ADR(20)0.06
ADR(20)%9.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.61
3 months CRSN/A
6 months CRSN/A
Mansfield-7.1
10 Day High0.88
10 Day Low0.57
20 Day High0.88
20 Day Low0.57
52 Week High5.7
52 Week Low0.57
CS1 EndN/A
CR1 Start0.78
Volume & EV
DER(3)1.41%
DER(5)2.91%
Volume942.20K
Volume Incr510.42%
Vol(5)215.24K
Vol(50)84.49K
LAKESHORE BIOPHARMA CO LTD / LSB TA 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.
What is the RSI signal for LSB stock?
LAKESHORE BIOPHARMA CO LTD (LSB) has an RSI value of 27.4783. This indicates that the stock is currently oversold.
What is the MACD signal for LSB stock?
The MACD indicator for LAKESHORE BIOPHARMA CO LTD (LSB) has a value of -0.010688, indicating a bearish trend.