USA - NYSE:LTC - US5021751020 - REIT
Taking everything into account, LTC scores 2 out of 10 in our technical rating. LTC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, LTC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 35.69, a Stop Loss order could be placed below this zone.
33.13
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for LTC is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LTC is down. |
ChartMill Relative Strength | 38.16 | NEUTRAL | LTC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LTC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LTC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LTC is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 45.93 | NEUTRAL | The RSI value for LTC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests LTC has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 22.5 | NEUTRAL | The Stochastics value for LTC is a neutral value. |
Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for LTC suggests low volalility. |
Average Directional Index/ADX (14) | 18.91 | NEGATIVE | The low ADX value for LTC suggests a weak or negative trend. |
35.81
-0.04 (-0.11%)