LTC PROPERTIES INC (LTC) Stock Technical Analysis
NYSE:LTC • US5021751020
We assign a technical rating of 8 out of 10 to LTC. Although LTC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- LTC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- LTC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the performance of all stocks over the past year, LTC turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- LTC is part of the Diversified REITs industry. There are 122 other stocks in this industry, LTC did better than 69% of them.
LTC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 39.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.68, a Stop Loss order could be placed below this zone.
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33.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.80 to 37.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.14 to 36.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 33.66 to 35.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.40 to 39.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LTC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LTC is up. |
| ChartMill Relative Strength | 66.11 | NEUTRAL | LTC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LTC is above the rising 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) | UP | POSITIVE | The current price of LTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.18 | NEUTRAL | The RSI value for LTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests LTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.04 | NEUTRAL | The Stochastics value for LTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for LTC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.65 | POSITIVE | The high ADX value value for LTC suggests a strong trend. |
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 |
|---|---|---|---|
| 39.92 | 36.81 | 3.11 (7.79%) | 12.84% |
| An entry @39.92. This is a Buy Stop order right above the resistance zone. | An exit @36.81. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.11 points, which is 7.79%. | When investing 12.84% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
39.19
+0.27 (+0.69%)
LTC PROPERTIES INC / LTC FAQ
Can you provide the ChartMill technical rating for LTC PROPERTIES INC?
ChartMill assigns a technical rating of 8 / 10 to LTC.
What is the current trend direction of LTC PROPERTIES INC (LTC) stock?
The current trend direction for LTC PROPERTIES INC (LTC) is Bullish.
What is the RSI signal for LTC stock?
LTC PROPERTIES INC (LTC) has an RSI value of 64.1793. This indicates that the stock is currently neutral.
What is the short term momentum for LTC stock?
The short term momentum for LTC PROPERTIES INC (LTC) is positive.
Can you provide the support and resistance levels for LTC PROPERTIES INC?
LTC PROPERTIES INC (LTC) has a support level at 37.68 and a resistance level at 39.4. Check the full technical report for our detailed analysis of LTC support and resistance levels.