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LATCH INC (LTCH) Stock Technical Analysis

NASDAQ:LTCH - US51818V1061 - Common Stock

0.8238 USD
-0.08 (-9.15%)
Last: 8/9/2023, 8:22:58 PM
0.8226 USD
0 (-0.15%)
After Hours: 8/9/2023, 8:22:58 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to LTCH. LTCH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, LTCH is a bad performer in the overall market: 77% of all stocks are doing better.
LTCH 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 LTCH has a been trading in the 0.72 - 2.39 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
LTCH has an average volume of 1653700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
LTCH is part of the Software industry. There are 280 other stocks in this industry, LTCH did better than 41% of them.
Weekly and Daily overview Charts
LATCH INC / LTCH Weekly stock chart
LATCH INC / LTCH Daily stock chart
Setup Rating and Analysis

3

The technical rating of LTCH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.82

1.41

We found 1 important resistance area.

  • A resistance zone ranging from 1.38 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for LTCH is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for LTCH is down.
ChartMill Relative Strength23.24NEGATIVELTCH has a low relative strength, it was outperformed by 76.76% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of LTCH is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of LTCH is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of LTCH is below a declining SMA(200).
Relative Strength Index/RSI (14)32.61NEUTRALThe RSI value for LTCH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.12NEGATIVEThe MACD value suggests LTCH has a negative trend, although the MACD value is rising.
Stochastics (14,3)9.02OVERSOLDThe low Stochastics value suggests LTCH may be oversold.
Average True Range in percent/ATR (20)28.38HIGH VOLATILITYThe high ATR as a percentage value for LTCH suggests high volalility.
Average Directional Index/ADX (14)31.2POSITIVEThe high ADX value value for LTCH suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
LATCH INC / LTCH Daily stock chart

LATCH INC

NASDAQ:LTCH (8/9/2023, 8:22:58 PM)

After market: 0.8226 0 (-0.15%)

0.8238

-0.08 (-9.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-9.15%
1 Week-9.55%
2 Weeks-49.77%
1 Month-51.82%
3 Month8.01%
6 Month-2.82%
12 Month-36.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%28.38%
ATR Inc-22.85%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.24
Mansfield-2.22
10 Day High1.81
10 Day Low0.72
20 Day High2.39
20 Day Low0.72
52 Week High2.39
52 Week Low0.49
CS1 EndN/A
CR1 Start1.38
Volume & EV
DER(3)6.75%
DER(5)5.77%
Volume4.90M
Volume Incr25.8%
Vol(5)2.03M
Vol(50)1.65M