LEGACY TEX FINL GROUP INC (LTXB) Stock Technical Analysis
NASDAQ:LTXB - Nasdaq -
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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
LTXB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LTXB is lagging the market slightly.
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.
Although LTXB has an excellent technical rating, it does not present a decent entry opportunity 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
38.45
45.78
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.
We found 1 important resistance 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.
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. |
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)
42.54
-1.57 (-3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.56%
1 Week-5.38%
2 Weeks-1.35%
1 Month0.45%
3 Month3.76%
6 Month4.06%
12 Month6.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%1.91%
ATR Inc83.58%
Range Today1.61
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.91
Mansfield-0.02
10 Day High45.4
10 Day Low42.29
20 Day High45.4
20 Day Low41.79
52 Week High45.4
52 Week Low30.19
CS1 End41.46
CR1 Start44.3
Volume & EV
DER(3)1.49%
DER(5)1.45%
Volume14.61M
Volume Incr855.19%
Vol(5)3.19M
Vol(50)611.99K