LXP INDUSTRIAL TRUST (LXP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LXP - US5290434084 - REIT
We assign a technical rating of 10 out of 10 to LXP. Both in the recent history as in the last year, LXP has proven to be a steady performer, scoring decent points in every aspect analyzed.
LXP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 49.13, 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.
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37.37
When analyzing the support we can see 7 important areas.
- A support zone ranging from 48.55 to 49.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.80 from a horizontal line in the daily time frame.
- A support zone ranging from 44.04 to 44.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.47 from a trend line in the daily time frame.
- Support @40.19 from a trend line in the weekly time frame.
- Support @38.60 from a horizontal line in the weekly time frame.
- Support @37.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.09 to 50.85. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 80.67 | POSITIVE | LXP has a high relative strength, it outperformed 80.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LXP is below 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) | 54.85 | NEUTRAL | The RSI value for LXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests LXP has a negative trend. |
| Stochastics (14,3) | 59.92 | NEUTRAL | The Stochastics value for LXP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for LXP suggests low volalility. |
| Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for LXP suggests a weak or negative 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 |
|---|---|---|---|
| 50.86 | 49.02 | 1.84 (3.63%) | 25.00% |
| An entry @50.86. This is a Buy Stop order right above the resistance zone. | An exit @49.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.84 points, which is 3.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- 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.
50.07
-0.51 (-1.01%)
LXP INDUSTRIAL TRUST / LXP FAQ
What is the technical rating for LXP stock?
ChartMill assigns a technical rating of 10 / 10 to LXP.
Can you provide the trend direction for LXP INDUSTRIAL TRUST?
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 54.8523. This indicates that the stock is currently neutral.
What is the short term momentum for LXP INDUSTRIAL TRUST (LXP) stock?
The short term momentum for LXP INDUSTRIAL TRUST (LXP) is positive.
What is the buy/sell signal for LXP INDUSTRIAL TRUST (LXP) stock?
The buy/sell signal for LXP INDUSTRIAL TRUST (LXP) is buy as both the short term and long term trends are positive.