LOTTERY.COM INC (LTRY) Stock Technical Analysis
NASDAQ:LTRY - Nasdaq - US54570M2070 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to LTRY. Both in the recent history as in the last year, LTRY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
LTRY is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry. LTRY outperforms 80% of them.
LTRY has an average volume of 6847720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that LTRY is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
LTRY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LTRY is lagging the market.
In the last month LTRY has a been trading in the 1.04 - 1.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, LTRY 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.
More info and screens
0.89
1.78
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.90 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.63 from a trend line in the weekly time frame.
- Resistance @1.76 from a trend 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 | UP | POSITIVE | The long term trend for LTRY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LTRY is up. |
| ChartMill Relative Strength | 88.51 | POSITIVE | LTRY has a high relative strength, it outperformed 88.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LTRY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LTRY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LTRY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.64 | NEUTRAL | The RSI value for LTRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LTRY has a positive trend. |
| Stochastics (14,3) | 81.9 | OVERBOUGHT | The high Stochastics value suggests LTRY may be overbought. |
| Average True Range in percent/ATR (20) | 8.63 | HIGH VOLATILITY | The high ATR as a percentage value for LTRY suggests high volalility. |
| Average Directional Index/ADX (14) | 19.12 | NEGATIVE | The low ADX value for LTRY suggests a weak or negative 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)
1.37
+0.08 (+6.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg6.2%
1 Week22.32%
2 Weeks3.01%
1 Month-1.44%
3 Month70.38%
6 Month189.03%
12 Month4.58%
2 Year-66.27%
3 Year-76.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.63%
ATR Inc-24.37%
Range Today0.12
ADR(20)0.11
ADR(20)%8.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.51
Mansfield4.85
10 Day High1.38
10 Day Low1.09
20 Day High1.47
20 Day Low1.04
52 Week High2.65
52 Week Low0.22
CS1 End1.19
CR1 Start1.63
Volume & EV
DER(3)-1.57%
DER(5)1.65%
Volume1.02M
Volume Incr-54.88%
Vol(5)718.02K
Vol(50)6.85M