LYTUS TECHNOLOGIES HOLDINGS (LYT) Technical Analysis
NASDAQ:LYT • VGG5851A1333
Current stock price
LYT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LYT. LYT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than LYT.
- LYT is one of the lesser performing stocks in the Entertainment industry. 87% of 79 stocks in the same industry do better.
- 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 0.05 - 0.32 range, which is quite wide. It is currently trading near the lows of this range.
- LYT has an average volume of 43190700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
LYT Weekly and Daily overview Charts
LYT Setup Rating and Analysis
The technical rating of LYT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
LYT Support and Resistance Analysis
0.10
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LYT 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 | DOWN | NEGATIVE | The long term trend for LYT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LYT is down. |
| ChartMill Relative Strength | 0.37 | NEGATIVE | LYT has a low relative strength, it was outperformed by 99.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LYT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LYT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LYT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.33 | NEUTRAL | The RSI value for LYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests LYT has a positive trend. |
| Stochastics (14,3) | 16.94 | OVERSOLD | The low Stochastics value suggests LYT may be oversold. |
| Average True Range in percent/ATR (20) | 39.61 | HIGH VOLATILITY | The high ATR as a percentage value for LYT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.85 | NEGATIVE | The low ADX value for LYT suggests a weak or negative trend. |
LYT Chart- and CandleStick Pattern Analysis
LYT Technicals: Chart, Performance Metrics, Trend & Indicators
0.0982
-0.02 (-16.78%)
LYTUS TECHNOLOGIES HOLDINGS / LYT TA FAQ
Can you provide the ChartMill technical rating for LYTUS TECHNOLOGIES HOLDINGS?
ChartMill assigns a technical rating of 0 / 10 to LYT.
What is the trend direction for LYT stock?
The current trend direction for LYTUS TECHNOLOGIES HOLDINGS (LYT) is Bearish.
What is the RSI signal for LYTUS TECHNOLOGIES HOLDINGS (LYT) stock?
LYTUS TECHNOLOGIES HOLDINGS (LYT) has an RSI value of 36.3263. This indicates that the stock is currently neutral.
What is the MACD signal for LYTUS TECHNOLOGIES HOLDINGS (LYT) stock?
The MACD indicator for LYTUS TECHNOLOGIES HOLDINGS (LYT) has a value of 0.0159658, indicating a bearish trend.
What is the short term momentum for LYTUS TECHNOLOGIES HOLDINGS (LYT) stock?
The short term momentum for LYTUS TECHNOLOGIES HOLDINGS (LYT) is negative.