LANTRONIX INC (LTRX) Technical Analysis
NASDAQ:LTRX • US5165482036
Current stock price
LTRX Technical Rating and Analysis
Overall LTRX gets a technical rating of 4 out of 10. Although LTRX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month LTRX has a been trading in the 4.97 - 6.86 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, LTRX did better than 93% of all other stocks. We also observe that the gains produced by LTRX over the past year are nicely spread over this period.
- LTRX is one of the better performing stocks in the Communications Equipment industry, it outperforms 76% of 48 stocks in the same industry.
- LTRX has an average volume of 1007070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- LTRX is currently trading in the middle 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 slightly.
- Considerably lower volume is observed in the last couple of days.
LTRX Weekly and Daily overview Charts
LTRX Setup Rating and Analysis
LTRX has an average technical rating and it also does not offer a high 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
LTRX Support and Resistance Analysis
4.38
We found 3 important support areas.
- Support @5.38 from a horizontal line in the weekly time frame.
- A support zone ranging from 5.03 to 5.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.42 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.73 to 5.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.02 to 6.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LTRX 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 | NEUTRAL | NEUTRAL | The long term trend for LTRX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LTRX is down. |
| ChartMill Relative Strength | 93.9 | POSITIVE | LTRX has a high relative strength, it outperformed 93.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LTRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LTRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LTRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.93 | NEUTRAL | The RSI value for LTRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests LTRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.41 | NEUTRAL | The Stochastics value for LTRX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.02 | HIGH VOLATILITY | The high ATR as a percentage value for LTRX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.18 | NEGATIVE | The low ADX value for LTRX suggests a weak or negative trend. |
LTRX Chart- and CandleStick Pattern Analysis
LTRX Technicals: Chart, Performance Metrics, Trend & Indicators
5.4
+0.13 (+2.47%)
LANTRONIX INC / LTRX TA FAQ
What is the technical rating for LTRX stock?
ChartMill assigns a technical rating of 4 / 10 to LTRX.
What is the trend direction for LTRX stock?
The current trend direction for LANTRONIX INC (LTRX) is Bearish.
What is the RSI signal for LANTRONIX INC (LTRX) stock?
LANTRONIX INC (LTRX) has an RSI value of 43.9283. This indicates that the stock is currently neutral.
What are the support and resistance levels for LANTRONIX INC (LTRX) stock?
LANTRONIX INC (LTRX) has a support level at 5.38 and a resistance level at 5.73. Check the full technical report for our detailed analysis of LTRX support and resistance levels.