LANTRONIX INC (LTRX) Stock Technical Analysis
USA - NASDAQ:LTRX - US5165482036 - Common Stock
We assign a technical rating of 8 out of 10 to LTRX. Both in the recent history as in the last year, LTRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although LTRX has an excellent technical rating, the quality of the presented setup is not ideal 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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3.46
We found 5 important support areas.
- A support zone ranging from 4.85 to 4.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.77 from a trend line in the daily time frame.
- A support zone ranging from 4.45 to 4.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.76 from a trend line in the daily time frame.
- Support @3.49 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @5.16 from a trend line in the weekly time frame.
- Resistance @5.26 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for LTRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LTRX is up. |
| ChartMill Relative Strength | 95.25 | POSITIVE | LTRX has a high relative strength, it outperformed 95.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LTRX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LTRX is above the rising 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) | 54.5 | NEUTRAL | The RSI value for LTRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LTRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.73 | NEUTRAL | The Stochastics value for LTRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for LTRX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.87 | NEUTRAL | The ADX value for LTRX suggests a possible start of a new trend. |
5.07
+0.06 (+1.2%)
LANTRONIX INC / LTRX FAQ
What is the technical rating for LTRX stock?
ChartMill assigns a technical rating of 8 / 10 to LTRX.
Can you provide the trend direction for LANTRONIX INC?
The current trend direction for LANTRONIX INC (LTRX) is Bullish.
What is the RSI signal for LTRX stock?
LANTRONIX INC (LTRX) has an RSI value of 54.5023. This indicates that the stock is currently neutral.
What is the MACD signal for LANTRONIX INC (LTRX) stock?
The MACD indicator for LANTRONIX INC (LTRX) has a value of -0.00194376, indicating a bearish trend.
What is the support and resistance level for LTRX stock?
LANTRONIX INC (LTRX) has a support level at 4.94 and a resistance level at 5.16. Check the full technical report for our detailed analysis of LTRX support and resistance levels.