LANTERN PHARMA INC (LTRN) Technical Analysis
NASDAQ:LTRN • US51654W1018
Current stock price
LTRN Technical Rating and Analysis
Overall LTRN gets a technical rating of 0 out of 10. LTRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, LTRN is a bad performer in the overall market: 95% of all stocks are doing better.
- LTRN is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 81% are performing better than LTRN.
- LTRN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LTRN is lagging the market.
- In the last month LTRN has a been trading in the 1.11 - 2.80 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
LTRN Weekly and Daily overview Charts
LTRN Setup Rating and Analysis
The technical rating of LTRN 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
LTRN Support and Resistance Analysis
1.60
When analyzing the resistance we notice one important area.
- Resistance @2.83 from a trend line in the daily time frame.
LTRN 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LTRN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LTRN is down. |
| ChartMill Relative Strength | 5.66 | NEGATIVE | LTRN has a low relative strength, it was outperformed by 94.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LTRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LTRN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LTRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.05 | NEUTRAL | The RSI value for LTRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests LTRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.28 | NEUTRAL | The Stochastics value for LTRN is a neutral value. |
| Average True Range in percent/ATR (20) | 17.78 | HIGH VOLATILITY | The high ATR as a percentage value for LTRN suggests high volalility. |
| Average Directional Index/ADX (14) | 23.63 | NEUTRAL | The ADX value for LTRN suggests a possible start of a new trend. |
LTRN Chart- and CandleStick Pattern Analysis
LTRN Technicals: Chart, Performance Metrics, Trend & Indicators
1.62
+0.2 (+14.08%)
LANTERN PHARMA INC / LTRN TA FAQ
Can you provide the ChartMill technical rating for LANTERN PHARMA INC?
ChartMill assigns a technical rating of 0 / 10 to LTRN.
What is the trend direction for LTRN stock?
The current trend direction for LANTERN PHARMA INC (LTRN) is Bearish.
Can you provide the RSI signal for LANTERN PHARMA INC?
LANTERN PHARMA INC (LTRN) has an RSI value of 35.0467. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LANTERN PHARMA INC?
The buy/sell signal for LANTERN PHARMA INC (LTRN) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for LANTERN PHARMA INC?
LANTERN PHARMA INC (LTRN) has a resistance level at 2.83. Check the full technical report for our detailed analysis of LTRN support and resistance levels.