LANTRONIX INC (LTRX) Technical Analysis
NASDAQ:LTRX • US5165482036
Current stock price
5.57 USD
-0.51 (-8.39%)
At close:
5.68 USD
+0.11 (+1.97%)
Pre-Market:
LTRX Technical Rating and Analysis
Overall LTRX gets a technical rating of 6 out of 10. In the last year, LTRX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month LTRX has a been trading in the 5.36 - 6.86 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, LTRX did better than 93% of all other stocks. On top of that, LTRX also shows a nice and consistent pattern of rising prices.
- LTRX is part of the Communications Equipment industry. There are 48 other stocks in this industry. LTRX outperforms 76% of them.
- LTRX has an average volume of 1076540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.49, a Stop Loss order could be placed below this zone.
More info and screens
LTRX Support and Resistance Analysis
4.33
6.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.31 to 5.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.45 from a horizontal line in the daily time frame.
- Support @4.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.94 to 6.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.33 to 6.33. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for LTRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LTRX is neutral. |
| ChartMill Relative Strength | 93.67 | POSITIVE | LTRX has a high relative strength, it outperformed 93.67% 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) | 43.79 | 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. |
| Stochastics (14,3) | 34 | 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) | 16.11 | NEGATIVE | The low ADX value for LTRX suggests a weak or negative trend. |
LTRX Chart- and CandleStick Pattern Analysis
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)
LTRX Example Setup
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 |
|---|---|---|---|
| 6.04 | 5.35 | 0.69 (11.42%) | 8.75% |
| An entry @6.04. This is a Buy Stop order right above the resistance zone. | An exit @5.35. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.69 points, which is 11.42%. | When investing 8.75% 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.
LTRX Technicals: Chart, Performance Metrics, Trend & Indicators
5.57
-0.51 (-8.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-8.39%
1 Week-10.74%
2 Weeks-9.72%
1 Month-10.02%
3 Month-3.97%
6 Month22.15%
12 Month121.03%
2 Year56.46%
3 Year28.34%
5 Year21.88%
10 Year486.32%
15 Year46.97%
Volatility
ATR(14)0.47
ATR(20)%8.02%
ATR Inc-24.64%
Range Today0.49
ADR(20)0.42
ADR(20)%7.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.67
3 months CRS44.93
6 months CRS89.01
Mansfield3.11
10 Day High6.54
10 Day Low5.36
20 Day High6.86
20 Day Low5.36
52 Week High8.24
52 Week Low1.91
CS1 End5.49
CR1 Start5.94
Volume & EV
DER(3)-0.18%
DER(5)-3.15%
Volume456.70K
Volume Incr-6.54%
Vol(5)612.64K
Vol(50)1.08M
LANTRONIX INC / LTRX TA FAQ
What is the technical rating for LTRX stock?
ChartMill assigns a technical rating of 6 / 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 43.7908. 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 -0.0296845, indicating a bearish trend.
Can you provide the short term momentum for LANTRONIX INC?
The short term momentum for LANTRONIX INC (LTRX) is neutral.