LSI INDUSTRIES INC (LYTS) Stock Technical Analysis
NASDAQ:LYTS - Nasdaq - US50216C1080 - Common Stock - Currency: USD
Taking everything into account, LYTS scores 2 out of 10 in our technical rating. LYTS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
LYTS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LYTS has a been trading in the 15.31 - 16.79 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, LYTS turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
LYTS is part of the Electrical Equipment industry. There are 94 other stocks in this industry, LYTS did better than 54% of them.
LYTS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.50
16.87
We found 3 important support areas.
- A support zone ranging from 15.95 to 16.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.11 from a trend line in the weekly time frame.
- A support zone ranging from 14.65 to 14.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 16.53 to 16.70. 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 | DOWN | NEGATIVE | The long term trend for LYTS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LYTS is up. |
| ChartMill Relative Strength | 52.79 | NEUTRAL | LYTS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LYTS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LYTS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LYTS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.95 | NEUTRAL | The RSI value for LYTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests LYTS has a positive trend. |
| Stochastics (14,3) | 83.09 | OVERBOUGHT | The high Stochastics value suggests LYTS may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for LYTS suggests some volalility. |
| Average Directional Index/ADX (14) | 8.22 | NEGATIVE | The low ADX value for LYTS suggests a weak or negative trend. |
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)
16.52
-0.05 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.3%
1 Week1.41%
2 Weeks3.06%
1 Month-1.08%
3 Month-4.62%
6 Month-17.89%
12 Month12.92%
2 Year31.53%
3 Year167.75%
5 Year155.33%
10 Year76.87%
15 Year238.53%
Volatility
ATR(14)0.37
ATR(20)%2.39%
ATR Inc-4.64%
Range Today0.34
ADR(20)0.37
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.79
Mansfield-0.83
10 Day High16.79
10 Day Low15.92
20 Day High16.79
20 Day Low15.31
52 Week High25.5
52 Week Low13.63
CS1 End16.51
CR1 Start16.53
Volume & EV
DER(3)0.7%
DER(5)-1.25%
Volume79.50K
Volume Incr9.76%
Vol(5)117.66K
Vol(50)145.31K