LEGACY TEX FINL GROUP INC (LTXB) Technical Analysis
NASDAQ:LTXB
Current stock price
LTXB Technical Rating and Analysis
Overall LTXB gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LTXB is only an average performer.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- LTXB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LTXB is performing more or less in line with the market.
- When comparing the performance of all stocks over the past year, LTXB turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
- In the last month LTXB has a been trading in the 41.79 - 45.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
LTXB Weekly and Daily overview Charts
LTXB Setup Rating and Analysis
Although LTXB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LTXB Support and Resistance Analysis
38.45
3 important support areas can be observed.
- A support zone ranging from 41.38 to 41.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @40.62 from a trend line in the daily time frame.
- A support zone ranging from 38.84 to 39.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.30 to 45.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LTXB 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 LTXB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LTXB is neutral. |
| ChartMill Relative Strength | 56.91 | NEUTRAL | LTXB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LTXB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LTXB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LTXB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.93 | NEUTRAL | The RSI value for LTXB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests LTXB has a negative trend. |
| Stochastics (14,3) | 46.84 | NEUTRAL | The Stochastics value for LTXB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for LTXB suggests low volalility. |
LTXB Chart- and CandleStick Pattern Analysis
LTXB Technicals: Chart, Performance Metrics, Trend & Indicators
42.54
-1.57 (-3.56%)
LEGACY TEX FINL GROUP INC / LTXB TA FAQ
What is the ChartMill technical rating of LEGACY TEX FINL GROUP INC (LTXB) stock?
ChartMill assigns a technical rating of 7 / 10 to LTXB.
What is the current trend direction of LEGACY TEX FINL GROUP INC (LTXB) stock?
The current trend direction for LEGACY TEX FINL GROUP INC (LTXB) is Bullish.
Can you provide the RSI signal for LEGACY TEX FINL GROUP INC?
LEGACY TEX FINL GROUP INC (LTXB) has an RSI value of 41.9271. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LEGACY TEX FINL GROUP INC?
The MACD indicator for LEGACY TEX FINL GROUP INC (LTXB) has a value of -0.0922289, indicating a bearish trend.
What is the short term momentum for LEGACY TEX FINL GROUP INC (LTXB) stock?
The short term momentum for LEGACY TEX FINL GROUP INC (LTXB) is neutral.