LANTERN PHARMA INC (LTRN) Stock Technical Analysis
USA - NASDAQ:LTRN - US51654W1018 - Common Stock
Taking everything into account, LTRN scores 0 out of 10 in our technical rating. 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.
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.
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2.95
When analyzing the support we can see 3 important areas.
- Support @3.35 from a horizontal line in the daily time frame.
- Support @3.08 from a horizontal line in the weekly time frame.
- Support @2.98 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 3.39 to 3.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.52 to 3.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.23 from a trend line in the daily time frame.
- Resistance @4.57 from a horizontal line in the daily time frame.
- Resistance @4.71 from a trend line in the weekly time frame.
- Resistance @5.30 from a horizontal line 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 LTRN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LTRN is down. |
| ChartMill Relative Strength | 17.93 | NEGATIVE | LTRN has a low relative strength, it was outperformed by 82.07% 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) | 36.11 | NEUTRAL | The RSI value for LTRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LTRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.82 | NEUTRAL | The Stochastics value for LTRN is a neutral value. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for LTRN suggests high volalility. |
| Average Directional Index/ADX (14) | 15.69 | NEGATIVE | The low ADX value for LTRN suggests a weak or negative trend. |
3.38
-0.08 (-2.31%)
LANTERN PHARMA INC / LTRN FAQ
Can you provide the ChartMill technical rating for LANTERN PHARMA INC?
ChartMill assigns a technical rating of 0 / 10 to LTRN.
Can you provide the trend direction for LANTERN PHARMA INC?
The current trend direction for LANTERN PHARMA INC (LTRN) is Bearish.
What is the RSI signal for LANTERN PHARMA INC (LTRN) stock?
LANTERN PHARMA INC (LTRN) has an RSI value of 36.1138. This indicates that the stock is currently neutral.
What is the MACD signal for LANTERN PHARMA INC (LTRN) stock?
The MACD indicator for LANTERN PHARMA INC (LTRN) has a value of -0.0269907, indicating a bearish trend.