LXP INDUSTRIAL TRUST (LXP) Stock Technical Analysis
USA - NYSE:LXP - US5290431015 - REIT
We assign a technical rating of 8 out of 10 to LXP. Although LXP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
LXP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.28, 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. Another positive sign is the recent Pocket Pivot signal.
- 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.
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4 important support areas can be observed.
- A support zone ranging from 9.17 to 9.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.80 to 8.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.21 from a trend line in the daily time frame.
- Support @7.72 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.63 to 9.75. 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 LXP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LXP is up. |
| ChartMill Relative Strength | 71.96 | POSITIVE | LXP has a high relative strength, it outperformed 71.96% 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) | 56.9 | NEUTRAL | The RSI value for LXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LXP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.56 | NEUTRAL | The Stochastics value for LXP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for LXP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.47 | NEUTRAL | The ADX value for LXP suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 9.76 | 9.17 | 0.59 (6.10%) | 16.40% |
| An entry @9.76. This is a Buy Stop order right above the resistance zone. | An exit @9.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.59 points, which is 6.10%. | When investing 16.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
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+0.13 (+1.37%)
LXP INDUSTRIAL TRUST / LXP FAQ
What is the technical rating for LXP stock?
ChartMill assigns a technical rating of 8 / 10 to LXP.
What is the trend direction for LXP stock?
The current trend direction for LXP INDUSTRIAL TRUST (LXP) is Bullish.
What is the RSI signal for LXP stock?
LXP INDUSTRIAL TRUST (LXP) has an RSI value of 56.9034. This indicates that the stock is currently neutral.
What is the MACD signal for LXP INDUSTRIAL TRUST (LXP) stock?
The MACD indicator for LXP INDUSTRIAL TRUST (LXP) has a value of -0.00772851, indicating a bearish trend.
What is the support and resistance level for LXP stock?
LXP INDUSTRIAL TRUST (LXP) has a support level at 9.28 and a resistance level at 9.63. Check the full technical report for our detailed analysis of LXP support and resistance levels.