LXP Technical Analysis - LXP INDUSTRIAL TRUST

Technical Rating and Analysis

Overall LXP gets a technical rating of 5 out of 10. In the last year, LXP was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.

When comparing the yearly performance of all stocks, LXP is a bad performer in the overall market: 68% of all stocks are doing better.

In the last month LXP has a been trading in the 8.79 - 9.54 range, which is quite wide. It is currently trading near the lows of this range.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

LXP has an average volume of 3486510 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 68% 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

LXP INDUSTRIAL TRUST / LXP Weekly stock chart

LXP INDUSTRIAL TRUST / LXP Daily stock chart

Setup Rating and Analysis

Although the technical rating is only medium, LXP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.34. Right above this resistance zone may be a good entry point.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

7.46

9.51

3 important support areas can be observed.

Support @8.08 from a trend line in the daily time frame.
A support zone ranging from 7.72 to 7.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @7.54 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 9.34 to 9.42. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The short term trend for LXP is neutral.
ChartMill Relative Strength	32.78	NEUTRAL	LXP is not amongst the best or worst performers 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)	UP	POSITIVE	The current price of LXP is above the rising SMA(200).
Relative Strength Index/RSI (14)	39.81	NEUTRAL	The RSI value for LXP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests LXP has a negative trend.
Stochastics (14,3)	21.72	NEUTRAL	The Stochastics value for LXP is a neutral value.
Average True Range in percent/ATR (20)	2.24	MEDIUM VOLATILITY	The ATR as a percentage value for LXP suggests some volalility.
Average Directional Index/ADX (14)	27.57	POSITIVE	The high ADX value value for LXP suggests a strong trend.