LANTRONIX INC (LTRX) Stock Technical Analysis
NASDAQ:LTRX - Nasdaq - US5165482036 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to LTRX. Recently some decent action could be observed, but in the medium term time frame this is still negative. LTRX was also a bad performer in the overall market in the last year.
88% of all other stocks performed better in the past year than LTRX.
LTRX is part of the Communications Equipment industry. There are 49 other stocks in this industry, of which 87% are performing better than LTRX.
LTRX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LTRX is lagging the market.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month LTRX has a been trading in the 2.12 - 2.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LTRX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for LTRX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.02
4.51
We found 3 important support areas.
- A support zone ranging from 2.19 to 2.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.13 from a trend line in the daily time frame.
- Support @2.04 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.35 to 2.37. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @2.49 from a horizontal line in the daily time frame.
- Resistance @3.11 from a trend line in the weekly time frame.
- Resistance @3.93 from a trend line in the weekly time frame.
- Resistance @4.47 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 | DOWN | NEGATIVE | The long term trend for LTRX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LTRX is up. |
| ChartMill Relative Strength | 12.51 | NEGATIVE | LTRX has a low relative strength, it was outperformed by 87.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LTRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LTRX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LTRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.64 | NEUTRAL | The RSI value for LTRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LTRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.32 | NEUTRAL | The Stochastics value for LTRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for LTRX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.86 | NEUTRAL | The ADX value for LTRX suggests a possible start of a new trend. |
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)
2.34
-0.12 (-4.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-4.88%
1 Week1.74%
2 Weeks6.85%
1 Month3.08%
3 Month-13.65%
6 Month-31.98%
12 Month-34.82%
2 Year-44.42%
3 Year-56.51%
5 Year-36.93%
10 Year41.82%
15 Year-42.22%
Volatility
ATR(14)0.13
ATR(20)%5.07%
ATR Inc6.66%
Range Today0.1
ADR(20)0.11
ADR(20)%4.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.51
Mansfield-3.06
10 Day High2.55
10 Day Low2.12
20 Day High2.55
20 Day Low2.12
52 Week High4.55
52 Week Low1.91
CS1 End2.21
CR1 Start2.35
Volume & EV
DER(3)4.23%
DER(5)3.68%
Volume227.70K
Volume Incr-2.53%
Vol(5)271.10K
Vol(50)254.07K