NYSE:LTC - New York Stock Exchange, Inc. - US5021751020 - REIT - Currency: USD
Taking everything into account, LTC scores 6 out of 10 in our technical rating. In the past year, LTC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although the technical rating is only medium, LTC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 35.38, a Stop Loss order could be placed below this zone.
32.49
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
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 |
---|---|---|---|
36.15 | 34.89 | 1.26 (3.49%) | 25.00% |
An entry @36.15. This is a Buy Stop order right above the resistance zone. | An exit @34.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.26 points, which is 3.49%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
35.52
0 (0%)