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LIFE STORAGE INC (LSI) Stock Technical Analysis

NYSE:LSI - New York Stock Exchange, Inc. - US53223X1072 - REIT - Currency: USD

133.1  -1.02 (-0.76%)

After market: 133.7 +0.6 (+0.45%)

Technical Rating and Analysis

6

Overall LSI gets a technical rating of 6 out of 10. LSI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
LSI is part of the Specialized REITs industry. There are 30 other stocks in this industry. LSI outperforms 79% of them.
LSI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LSI is lagging the market slightly.
When compared to the yearly performance of all other stocks, LSI outperforms 64% of them, which is more or less in line with the market.
In the last month LSI has a been trading in the 126.23 - 140.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
LIFE STORAGE INC / LSI Weekly stock chart
LIFE STORAGE INC / LSI Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is only medium, LSI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 131.75, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

125.26

148.51

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 130.19 to 131.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 126.53 to 126.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 141.58 to 147.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for LSI is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for LSI is neutral.
ChartMill Relative Strength64.96NEUTRALLSI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of LSI is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of LSI is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of LSI is above the rising SMA(200).
Relative Strength Index/RSI (14)49.49NEUTRALThe RSI value for LSI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.14POSITIVEThe MACD value suggests LSI has a positive trend, although the MACD value is declining.
Stochastics (14,3)54.83NEUTRALThe Stochastics value for LSI is a neutral value.
Average True Range in percent/ATR (20)2.53MEDIUM VOLATILITYThe ATR as a percentage value for LSI suggests some volalility.
Average Directional Index/ADX (14)17.76NEGATIVEThe low ADX value for LSI suggests a weak or negative trend.
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)
LIFE STORAGE INC / LSI Daily stock chart

LIFE STORAGE INC

NYSE:LSI (7/19/2023, 8:23:04 PM)

After market: 133.7 +0.6 (+0.45%)

133.1

-1.02 (-0.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.76%
1 Week-1.95%
2 Weeks-0.36%
1 Month3.76%
3 Month0.12%
6 Month31%
12 Month13.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.56
ATR(20)%2.53%
ATR Inc117.44%
Range Today6.26
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.96
Mansfield-0.15
10 Day High140.99
10 Day Low129.24
20 Day High140.99
20 Day Low126.23
52 Week High146.66
52 Week Low94.02
CS1 End131.75
CR1 Start141.58
Volume & EV
DER(3)-0.71%
DER(5)-0.59%
Volume7.21M
Volume Incr314.57%
Vol(5)2.40M
Vol(50)775.83K