LIGHTBRIDGE CORP (LTBR) Stock Technical Analysis
NASDAQ:LTBR - Nasdaq - US53224K3023 - Common Stock - Currency: USD
Overall LTBR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, LTBR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that LTBR is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, LTBR also shows a nice and consistent pattern of rising prices.
LTBR is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. LTBR outperforms 100% of them.
LTBR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LTBR is performing more or less in line with the market.
In the last month LTBR has a been trading in the 8.52 - 16.14 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
LTBR has an average volume of 1346610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LTBR has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.66
15.35
When analyzing the support we can see 3 important areas.
- Support @10.43 from a trend line in the daily time frame.
- Support @7.87 from a trend line in the weekly time frame.
- Support @7.74 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 | UP | POSITIVE | The long term trend for LTBR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LTBR is up. |
| ChartMill Relative Strength | 99.32 | POSITIVE | LTBR has a high relative strength, it outperformed 99.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LTBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LTBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LTBR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80 | OVERBOUGHT | The high RSI value suggests LTBR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests LTBR has a positive trend. |
| Stochastics (14,3) | 56.56 | NEUTRAL | The Stochastics value for LTBR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for LTBR suggests high volalility. |
| Average Directional Index/ADX (14) | 33.6 | POSITIVE | The high ADX value value for LTBR suggests a strong trend. |
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)
15.2
+4.54 (+42.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg42.59%
1 Week46.58%
2 Weeks59.41%
1 Month68.33%
3 Month34.28%
6 Month141.27%
12 Month440.93%
2 Year248.62%
3 Year175.36%
5 Year186.26%
10 Year-79.4%
15 Year-95.91%
Volatility
ATR(14)1.26
ATR(20)%6.97%
ATR Inc267.56%
Range Today4.54
ADR(20)0.98
ADR(20)%6.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.32
Mansfield14.41
10 Day High16.14
10 Day Low9.55
20 Day High16.14
20 Day Low8.52
52 Week High16.9
52 Week Low2.21
CS1 End10.43
CR1 StartN/A
Volume & EV
DER(3)5.11%
DER(5)0.56%
Volume19.61M
Volume Incr491.26%
Vol(5)4.68M
Vol(50)1.35M