NASDAQ:LX - US5288771034 - ADR
Overall LX gets a technical rating of 4 out of 10. Although LX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, LX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.28, a Stop Loss order could be placed below this zone.
6.07
When analyzing the support we notice one important area.
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The long term trend for LX is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LX is down. |
ChartMill Relative Strength | 97.53 | POSITIVE | LX has a high relative strength, it outperformed 97.53% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of LX is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LX is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of LX is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 44.67 | NEUTRAL | The RSI value for LX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LX has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 13.55 | OVERSOLD | The low Stochastics value suggests LX may be oversold. |
Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for LX suggests high volalility. |
Average Directional Index/ADX (14) | 9.29 | NEGATIVE | The low ADX value for LX suggests a weak or negative trend. |
6.32
+0.07 (+1.12%)