Overall LTRX gets a technical rating of 10 out of 10. 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.
Besides having an excellent technical rating, LTRX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 5.78, a Stop Loss order could be placed below this zone.
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2.79
We found 5 important support areas.
- A support zone ranging from 5.66 to 5.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.18 to 5.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.45 from a horizontal line in the daily time frame.
- Support @3.82 from a trend line in the weekly time frame.
- Support @2.82 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 | 88.48 | POSITIVE | LTRX has a high relative strength, it outperformed 88.48% 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) | 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) | 57.84 | NEUTRAL | The RSI value for LTRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LTRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.45 | NEUTRAL | The Stochastics value for LTRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for LTRX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.99 | POSITIVE | The high ADX value value for LTRX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.94 | 5.65 | 0.29 (4.88%) | 20.48% |
| An entry @5.94. This is a Buy Stop order right above the 10 day high. | An exit @5.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.29 points, which is 4.88%. | When investing 20.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LTRX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.86
+0.11 (+1.91%)
LANTRONIX INC / LTRX FAQ
What is the technical rating for LTRX stock?
ChartMill assigns a technical rating of 10 / 10 to LTRX.
What is the current trend direction of LANTRONIX INC (LTRX) stock?
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 57.844. 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 -0.0261506, indicating a bearish trend.
Can you provide the short term momentum for LANTRONIX INC?
The short term momentum for LANTRONIX INC (LTRX) is positive.