LSS Technical Analysis - LECTRA

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to LSS. LSS'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, LSS is a bad performer in the overall market: 88% of all stocks are doing better.

LSS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month LSS has a been trading in the 22.50 - 25.35 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been consolidating recently, but much resistance may still be present above.

Warning: LSS has an average volume of 19218 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

LSS is an average performer in the Software industry, it outperforms 54% of 110 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, LSS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.80, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

22.18

30.15

When analyzing the support we notice one important area.

A support zone ranging from 22.40 to 22.80. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

A resistance zone ranging from 23.45 to 24.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 24.75 to 24.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
A resistance zone ranging from 25.50 to 25.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @29.85 from a horizontal line in the weekly time frame.

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What is Support and Resistance

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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 LSS.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for LSS.PA is down.
ChartMill Relative Strength	12.86	NEGATIVE	LSS.PA has a low relative strength, it was outperformed by 87.14% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of LSS.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of LSS.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of LSS.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	47.39	NEUTRAL	The RSI value for LSS.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.08	NEGATIVE	The MACD value suggests LSS.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	24.16	NEUTRAL	The Stochastics value for LSS.PA is a neutral value.
Average True Range in percent/ATR (20)	2.66	MEDIUM VOLATILITY	The ATR as a percentage value for LSS.PA suggests some volalility.
Average Directional Index/ADX (14)	15	NEGATIVE	The low ADX value for LSS.PA suggests a weak or negative trend.