LSB INDUSTRIES INC (LXU) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:LXU • US5021601043
Overall LXU gets a technical rating of 7 out of 10. Although LXU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- LXU is one of the better performing stocks in the Chemicals industry, it outperforms 71% of 83 stocks in the same industry.
- LXU 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 LXU is lagging the market slightly.
- Looking at the yearly performance, LXU did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month LXU has a been trading in the 8.52 - 10.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LXU 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.11, a Stop Loss order could be placed below this zone.
More info and screens
8.21
We found 3 important support areas.
- A support zone ranging from 9.06 to 9.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.48 to 8.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.29 to 8.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.81 to 9.97. 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 LXU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LXU is neutral. |
| ChartMill Relative Strength | 72.49 | POSITIVE | LXU has a high relative strength, it outperformed 72.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LXU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LXU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LXU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for LXU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests LXU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.71 | OVERSOLD | The low Stochastics value suggests LXU may be oversold. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for LXU suggests some volalility. |
| Average Directional Index/ADX (14) | 19.34 | NEGATIVE | The low ADX value for LXU 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 |
|---|---|---|---|
| 9.98 | 9.06 | 0.92 (9.22%) | 10.85% |
| An entry @9.98. This is a Buy Stop order right above the resistance zone. | An exit @9.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.92 points, which is 9.22%. | When investing 10.85% 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.
9.41
+0.26 (+2.84%)
LSB INDUSTRIES INC / LXU FAQ
What is the technical rating for LXU stock?
ChartMill assigns a technical rating of 7 / 10 to LXU.
What is the trend direction for LXU stock?
The current trend direction for LSB INDUSTRIES INC (LXU) is Bullish.
What is the RSI signal for LXU stock?
LSB INDUSTRIES INC (LXU) has an RSI value of 51.7744. This indicates that the stock is currently neutral.
What are the support and resistance levels for LSB INDUSTRIES INC (LXU) stock?
LSB INDUSTRIES INC (LXU) has a support level at 9.11 and a resistance level at 9.81. Check the full technical report for our detailed analysis of LXU support and resistance levels.