LXP INDUSTRIAL TRUST (LXP) Stock Technical Analysis
NYSE:LXP - New York Stock Exchange, Inc. - US5290431015 - REIT - Currency: USD
Overall LXP gets a technical rating of 3 out of 10. LXP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
75% of all other stocks performed better in the past year than LXP.
LXP is part of the Diversified REITs industry. There are 128 other stocks in this industry, of which 66% are performing better than LXP.
In the last month LXP has a been trading in the 8.32 - 8.88 range, which is quite wide. It is currently trading near the lows of this range.
LXP has an average volume of 2971570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
LXP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LXP is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, LXP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. 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
7.46
9.52
When analyzing the support we notice one important area.
- Support @7.54 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.82 to 8.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.17 from a horizontal line in the weekly time frame.
- Resistance @9.43 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for LXP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LXP is neutral. |
| ChartMill Relative Strength | 25.7 | NEGATIVE | LXP has a low relative strength, it was outperformed by 74.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LXP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LXP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LXP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.14 | NEUTRAL | The RSI value for LXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LXP has a negative trend. |
| Stochastics (14,3) | 15.08 | OVERSOLD | The low Stochastics value suggests LXP may be oversold. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for LXP suggests low volalility. |
| Average Directional Index/ADX (14) | 15.25 | NEGATIVE | The low ADX value for LXP suggests a weak or negative trend. |
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)
8.44
-0.01 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.12%
1 Week-3.43%
2 Weeks-2.54%
1 Month-1.52%
3 Month-3.54%
6 Month2.68%
12 Month-7.46%
2 Year-13.44%
3 Year-21.42%
5 Year-20%
10 Year-0.47%
15 Year40.43%
Volatility
ATR(14)0.18
ATR(20)%1.99%
ATR Inc-10.17%
Range Today0.19
ADR(20)0.16
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.7
Mansfield-1.24
10 Day High8.88
10 Day Low8.32
20 Day High8.88
20 Day Low8.32
52 Week High10.57
52 Week Low6.85
CS1 End7.54
CR1 Start8.82
Volume & EV
DER(3)-0.08%
DER(5)-1.16%
Volume4.91M
Volume Incr65.3%
Vol(5)4.95M
Vol(50)2.97M