LXP INDUSTRIAL TRUST (LXP) Technical Analysis
NYSE:LXP • US5290434084
Current stock price
LXP Technical Rating and Analysis
Overall LXP gets a technical rating of 8 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- LXP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LXP is lagging the market slightly.
- In the last month LXP has a been trading in the 45.35 - 52.41 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, LXP outperforms 66% of them, which is more or less in line with the market.
- LXP is part of the Diversified REITs industry. There are 121 other stocks in this industry, LXP did better than 65% of them.
LXP Weekly and Daily overview Charts
LXP Setup Rating and Analysis
Besides having an excellent technical rating, LXP also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 51.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.87, a Stop Loss order could be placed below this zone.
More info and screens
LXP Support and Resistance Analysis
38.21
We found 6 important support areas.
- A support zone ranging from 50.78 to 50.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 48.50 to 49.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.88 to 47.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 46.00 to 46.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.80 from a horizontal line in the daily time frame.
- Support @38.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.67 to 52.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
LXP 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 | UP | POSITIVE | The short term trend for LXP is up. |
| ChartMill Relative Strength | 66.46 | NEUTRAL | LXP is not amongst the best or worst performers 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) | 58.06 | NEUTRAL | The RSI value for LXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LXP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.16 | NEUTRAL | The Stochastics value for LXP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for LXP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for LXP suggests a weak or negative trend. |
LXP Chart- and CandleStick Pattern Analysis
LXP Example Setup
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 |
|---|---|---|---|
| 52.04 | 50.77 | 1.27 (2.44%) | 25.00% |
| An entry @52.04. This is a Buy Stop order right above the resistance zone. | An exit @50.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.27 points, which is 2.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of LXP. Please evaluate whether better entry and exit points can be found.
- 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.
LXP Technicals: Chart, Performance Metrics, Trend & Indicators
50.92
+0.76 (+1.52%)
LXP INDUSTRIAL TRUST / LXP TA FAQ
What is the technical rating for LXP stock?
ChartMill assigns a technical rating of 8 / 10 to LXP.
What is the current trend direction of LXP INDUSTRIAL TRUST (LXP) stock?
The current trend direction for LXP INDUSTRIAL TRUST (LXP) is Bullish.
What is the RSI signal for LXP INDUSTRIAL TRUST (LXP) stock?
LXP INDUSTRIAL TRUST (LXP) has an RSI value of 58.0621. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LXP INDUSTRIAL TRUST?
The short term momentum for LXP INDUSTRIAL TRUST (LXP) is positive.
What is the buy/sell signal for LXP stock?
The buy/sell signal for LXP INDUSTRIAL TRUST (LXP) is buy as both the short term and long term trends are positive.