LIGHTBRIDGE CORP (LTBR) Stock Technical Analysis
NASDAQ:LTBR - Nasdaq - US53224K3023 - Common Stock - Currency: USD
Taking everything into account, LTBR scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LTBR is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, LTBR did better than 98% of all other stocks.
LTBR is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry. LTBR outperforms 99% of them.
LTBR 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 LTBR is lagging the market slightly.
LTBR has an average volume of 2209920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month LTBR has a been trading in the 11.64 - 15.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
LTBR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.73. Right above this resistance zone may be a good entry point.
More info and screens
9.09
15.23
5 important support areas can be observed.
- A support zone ranging from 13.78 to 14.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.44 from a trend line in the weekly time frame.
- A support zone ranging from 12.92 to 13.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.53 from a trend line in the weekly time frame.
- Support @9.18 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.73 to 14.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.07 to 15.08. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for LTBR is neutral. |
| ChartMill Relative Strength | 98.94 | POSITIVE | LTBR has a high relative strength, it outperformed 98.94% 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) | 53.78 | NEUTRAL | The RSI value for LTBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LTBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.01 | NEUTRAL | The Stochastics value for LTBR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.18 | HIGH VOLATILITY | The high ATR as a percentage value for LTBR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.76 | NEGATIVE | The low ADX value for LTBR suggests a weak or negative 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)
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 |
|---|---|---|---|
| 14.75 | 13.77 | 0.98 (6.64%) | 15.05% |
| An entry @14.75. This is a Buy Stop order right above the resistance zone. | An exit @13.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.98 points, which is 6.64%. | When investing 15.05% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LTBR. 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.
14.27
+0.09 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.63%
1 Week4.54%
2 Weeks7.45%
1 Month17.74%
3 Month49.66%
6 Month17.64%
12 Month424.63%
2 Year228.05%
3 Year140.64%
5 Year220.67%
10 Year-75.73%
15 Year-95.8%
Volatility
ATR(14)1.18
ATR(20)%8.18%
ATR Inc-3.64%
Range Today1.19
ADR(20)1.15
ADR(20)%8.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.94
Mansfield5.82
10 Day High15.59
10 Day Low12.52
20 Day High15.67
20 Day Low11.64
52 Week High17.7
52 Week Low2.24
CS1 End14.1
CR1 Start14.73
Volume & EV
DER(3)0.22%
DER(5)-0.08%
Volume1.17M
Volume Incr-37.61%
Vol(5)961.60K
Vol(50)2.21M