LUXFER HOLDINGS PLC (LXFR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LXFR - GB00BNK03D49 - Common Stock
We assign a technical rating of 8 out of 10 to LXFR. Although LXFR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- LXFR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month LXFR has a been trading in the 13.49 - 15.50 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, LXFR turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- LXFR is an average performer in the Machinery industry, it outperforms 61% of 132 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
Although LXFR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.63
We found 6 important support areas.
- A support zone ranging from 14.29 to 14.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.35 to 13.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.60 from a trend line in the weekly time frame.
- Support @12.22 from a trend line in the daily time frame.
- A support zone ranging from 11.73 to 11.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.73 from a horizontal line in the weekly 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 LXFR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LXFR is up. |
| ChartMill Relative Strength | 69.4 | NEUTRAL | LXFR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LXFR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LXFR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LXFR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.35 | OVERBOUGHT | The high RSI value suggests LXFR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests LXFR has a positive trend. |
| Stochastics (14,3) | 79.93 | NEUTRAL | The Stochastics value for LXFR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for LXFR suggests some volalility. |
| Average Directional Index/ADX (14) | 47.89 | POSITIVE | The high ADX value value for LXFR suggests a strong trend. |
15.27
+0.44 (+2.97%)
LUXFER HOLDINGS PLC / LXFR FAQ
What is the ChartMill technical rating of LUXFER HOLDINGS PLC (LXFR) stock?
ChartMill assigns a technical rating of 8 / 10 to LXFR.
Can you provide the trend direction for LUXFER HOLDINGS PLC?
The current trend direction for LUXFER HOLDINGS PLC (LXFR) is Bullish.
What is the RSI signal for LXFR stock?
LUXFER HOLDINGS PLC (LXFR) has an RSI value of 70.3509. This indicates that the stock is currently overbought.
Can you provide the short term momentum for LUXFER HOLDINGS PLC?
The short term momentum for LUXFER HOLDINGS PLC (LXFR) is positive.
What is the support and resistance level for LXFR stock?
LUXFER HOLDINGS PLC (LXFR) has a support level at 14.4. Check the full technical report for our detailed analysis of LXFR support and resistance levels.