Taking everything into account, LTCH scores 0 out of 10 in our technical rating. 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.
- 77% of all other stocks performed better in the past year than LTCH.
- 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 is one of the better performing stocks in the Software industry, it outperforms 79% of 278 stocks in the same industry.
- 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!
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.
More info and screens
0.82
When analyzing the resistance we notice one important 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.
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 LTCH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LTCH is down. |
| ChartMill Relative Strength | 23.24 | NEGATIVE | LTCH has a low relative strength, it was outperformed by 76.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LTCH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LTCH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LTCH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.61 | NEUTRAL | The RSI value for LTCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests LTCH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.02 | OVERSOLD | The low Stochastics value suggests LTCH may be oversold. |
| Average True Range in percent/ATR (20) | 28.38 | HIGH VOLATILITY | The high ATR as a percentage value for LTCH suggests high volalility. |
| Average Directional Index/ADX (14) | 31.2 | POSITIVE | The high ADX value value for LTCH suggests a strong trend. |
0.8238
-0.08 (-9.15%)
LATCH INC / LTCH FAQ
Can you provide the ChartMill technical rating for LATCH INC?
ChartMill assigns a technical rating of 0 / 10 to LTCH.
What is the trend direction for LTCH stock?
The current trend direction for LATCH INC (LTCH) is Bearish.
What is the RSI signal for LTCH stock?
LATCH INC (LTCH) has an RSI value of 32.6143. This indicates that the stock is currently neutral.
What is the short term momentum for LTCH stock?
The short term momentum for LATCH INC (LTCH) is negative.
What are the support and resistance levels for LATCH INC (LTCH) stock?
LATCH INC (LTCH) has a resistance level at 1.38. Check the full technical report for our detailed analysis of LTCH support and resistance levels.