Leucrotta Exploration Inc (LXE.CA) Stock Technical Analysis
TSX-V:LXE - TSX Venture Exchange - CA52728X2086 - Common Stock
Taking everything into account, LXE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, LXE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, LXE did better than 98% of all other stocks.
LXE is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. LXE outperforms 99% of them.
LXE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so LXE is leading the market.
In the last month LXE has a been trading in the 2.03 - 2.24 range, which is quite wide. It is currently trading near the high of this range.
LXE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.97
2.24
We found 1 important support area.
- A support zone ranging from 1.99 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.22 to 2.22. This zone is formed by a combination of multiple trend lines 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 LXE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LXE.CA is up. |
| ChartMill Relative Strength | 98.77 | POSITIVE | LXE.CA has a high relative strength, it outperformed 98.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LXE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LXE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LXE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.05 | OVERBOUGHT | The high RSI value suggests LXE.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LXE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.15 | NEUTRAL | The Stochastics value for LXE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for LXE.CA suggests some 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)
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 |
|---|---|---|---|
| 2.23 | 2.10 | 0.13 (5.83%) | 17.15% |
| An entry @2.23. This is a Buy Stop order right above the resistance zone. | An exit @2.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 5.83%. | For a 1.00% total portfolio risk, you can invest 17.15% of your capital in this trade. |
- 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.
TSX-V:LXE (5/31/2022, 7:00:00 PM)
2.21
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week2.31%
2 Weeks0.91%
1 Month8.33%
3 Month125.51%
6 Month176.25%
12 Month215.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%2.22%
ATR Inc-25.33%
Range Today0.03
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
CRS98.77
Mansfield11.3
10 Day High2.24
10 Day Low2.11
20 Day High2.24
20 Day Low2.03
52 Week High2.24
52 Week Low0.64
CS1 End2
CR1 Start2.22
Volume & EV
DER(3)2.47%
DER(5)2.14%
Volume310.10K
Volume Incr22.45%
Vol(5)694.23K
Vol(50)905.35K