LXP INDUSTRIAL TRUST (LXP) Stock Technical Analysis
USA - NYSE:LXP - US5290431015 - REIT
9.21 USD
-0.04 (-0.43%)
9.21 USD
0 (0%)
We assign a technical rating of 7 out of 10 to LXP. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, LXP is a bad performer.
72% of all other stocks performed better in the past year than LXP.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month LXP has a been trading in the 8.12 - 9.28 range, which is quite wide. It is currently trading near the high of this range.
LXP has an average volume of 3436550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LXP is part of the Diversified REITs industry. There are 129 other stocks in this industry, LXP did better than 50% of them.
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.
LXP 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. There is a support zone below the current price at 9.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LXP in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
7.86
9.52
We found 2 important support areas.
- A support zone ranging from 8.89 to 9.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.94 from a trend line in the daily time frame.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The long term trend for LXP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LXP is up. |
| ChartMill Relative Strength | 28.21 | NEGATIVE | LXP has a low relative strength, it was outperformed by 71.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LXP is above the rising 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) | UP | POSITIVE | The current price of LXP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.37 | NEUTRAL | The RSI value for LXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LXP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.9 | OVERBOUGHT | The high Stochastics value suggests LXP may be overbought. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for LXP suggests some volalility. |
| Average Directional Index/ADX (14) | 33.35 | POSITIVE | The high ADX value value for LXP suggests a strong 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)
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 |
|---|---|---|---|
| 9.44 | 8.88 | 0.56 (5.93%) | 16.86% |
| An entry @9.44. This is a Buy Stop order right above the resistance zone. | An exit @8.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.56 points, which is 5.93%. | For a 1.00% total portfolio risk, you can invest 16.86% 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.
9.21
-0.04 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.43%
1 Week0.66%
2 Weeks1.43%
1 Month11.91%
3 Month7.72%
6 Month1.66%
12 Month-9.35%
2 Year3.48%
3 Year0.55%
5 Year-11.87%
10 Year13.7%
15 Year28.63%
Volatility
ATR(14)0.17
ATR(20)%2.11%
ATR Inc-4.61%
Range Today0.13
ADR(20)0.17
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
CRS28.21
Mansfield-0.45
10 Day High9.28
10 Day Low8.82
20 Day High9.28
20 Day Low8.12
52 Week High10.33
52 Week Low6.85
CS1 End9.2
CR1 Start9.43
Volume & EV
DER(3)-0.19%
DER(5)3.31%
Volume1.89M
Volume Incr-27.67%
Vol(5)2.34M
Vol(50)3.44M