LIGHTSPEED COMMERCE INC (LSPD) Stock Technical Analysis
NYSE:LSPD - New York Stock Exchange, Inc. - CA53229C1077 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to LSPD. LSPD has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
LSPD has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LSPD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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9.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.18 to 11.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.88 to 10.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.29 from a trend line in the daily time frame.
- Support @9.66 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 11.49 to 11.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.86 from a trend line in the daily time frame.
- Resistance @12.12 from a horizontal line in the daily time frame.
- Resistance @17.43 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for LSPD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LSPD is up. |
| ChartMill Relative Strength | 53.63 | NEUTRAL | LSPD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LSPD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LSPD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LSPD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.98 | NEUTRAL | The RSI value for LSPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LSPD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.35 | NEUTRAL | The Stochastics value for LSPD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for LSPD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.05 | NEGATIVE | The low ADX value for LSPD suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.52 | 11.17 | 0.35 (3.04%) | 25.00% |
| An entry @11.52. This is a Buy Stop order right above the resistance zone. | An exit @11.17. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.35 points, which is 3.04%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LSPD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.49
-0.13 (-1.12%)