LIGHTBRIDGE CORP (LTBR) Technical Analysis
NASDAQ:LTBR • US53224K3023
Current stock price
LTBR Technical Rating and Analysis
Taking everything into account, LTBR scores 3 out of 10 in our technical rating. LTBR 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.
- LTBR is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 73% are performing better than LTBR.
- LTBR 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 LTBR has a been trading in the 9.78 - 13.44 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When compared to the yearly performance of all other stocks, LTBR outperforms 49% of them, which is more or less in line with the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LTBR Weekly and Daily overview Charts
LTBR Setup Rating and Analysis
LTBR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
LTBR Support and Resistance Analysis
10.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.60 to 12.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @12.73 from a horizontal line in the weekly time frame.
- Resistance @12.94 from a horizontal line in the daily time frame.
LTBR 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 LTBR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LTBR is up. |
| ChartMill Relative Strength | 49.16 | NEUTRAL | LTBR is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of LTBR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LTBR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.29 | NEUTRAL | The RSI value for LTBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests LTBR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.93 | OVERBOUGHT | The high Stochastics value suggests LTBR may be overbought. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for LTBR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for LTBR suggests a weak or negative trend. |
LTBR Chart- and CandleStick Pattern Analysis
LTBR Technicals: Chart, Performance Metrics, Trend & Indicators
12.61
-0.32 (-2.47%)
LIGHTBRIDGE CORP / LTBR TA FAQ
What is the technical rating for LTBR stock?
ChartMill assigns a technical rating of 3 / 10 to LTBR.
What is the current trend direction of LIGHTBRIDGE CORP (LTBR) stock?
The current trend direction for LIGHTBRIDGE CORP (LTBR) is Bearish.
Can you provide the RSI signal for LIGHTBRIDGE CORP?
LIGHTBRIDGE CORP (LTBR) has an RSI value of 58.2852. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LIGHTBRIDGE CORP?
The short term momentum for LIGHTBRIDGE CORP (LTBR) is positive.
Can you provide the buy/sell signal for LIGHTBRIDGE CORP?
The buy/sell signal for LIGHTBRIDGE CORP (LTBR) is hold as the short term and long term trends are mixed.