LYTUS TECHNOLOGIES HOLDINGS (LYT)

VGG5851A1333 - Common Stock

3.48  +0.04 (+1.16%)

Technical Rating and Analysis

1

Taking everything into account, LYT scores 1 out of 10 in our technical rating. LYT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than LYT.
LYT is part of the Entertainment industry. There are 76 other stocks in this industry, of which 89% are performing better than LYT.
LYT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LYT is lagging the market.
In the last month LYT has a been trading in the 3.08 - 5.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
LYT has an average volume of 2174620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
LYT Weekly chart
LYT Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, LYT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

3.15

4.18

When analyzing the support we notice one important area.

  • Support @3.18 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 3.94 to 4.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 4.13 to 4.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.87
Mansfield-7.86
10 Day High5
10 Day Low3.15
20 Day High5
20 Day Low3.08
52 Week High44.4
52 Week Low2.22
Performance
1 Week-17.31%
2 Weeks-14.64%
1 Month-16.91%
3 Month-37.61%
6 Month-59.91%
12 Month-91.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)40.81
LBB3.17
UBB4.59
LYT Daily chart

LYTUS TECHNOLOGIES HOLDINGS

NASDAQ:LYT (5/3/2024, 1:23:52 PM)

3.48

+0.04 (+1.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.16%
1 Week-17.31%
2 Weeks-14.64%
1 Month-16.91%
3 Month-37.61%
6 Month-59.91%
12 Month-91.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.58
ATR(20)%15.1%
ATR Inc
Range Today0.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5
10 Day Low3.15
20 Day High5
20 Day Low3.08
52 Week High44.4
52 Week Low2.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume25.95K
Volume Incr-77.05%
Vol(5)91.72K
Vol(50)2.17M