LSI INDUSTRIES INC (LYTS)

US50216C1080 - Common Stock

14.69  -0.49 (-3.23%)

Technical Rating and Analysis

6

Taking everything into account, LYTS scores 6 out of 10 in our technical rating. LYTS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, we notice that LYTS is one of the better performing stocks in the market, outperforming 77% of all stocks.
LYTS is one of the better performing stocks in the Electrical Equipment industry, it outperforms 75% of 87 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
LYTS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LYTS is lagging the market slightly.
In the last month LYTS has a been trading in the 13.89 - 15.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
LYTS Weekly chart
LYTS Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, LYTS does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for LYTS in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

12.00

16.34

We found 4 important support areas.

  • A support zone ranging from 14.38 to 14.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 13.96 to 14.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @12.89 from a trend line in the weekly time frame.
  • Support @12.12 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 15.15 to 15.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @15.47 from a horizontal line in the daily time frame.
  • Resistance @16.18 from a horizontal line in the weekly 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
CRS77.98
Mansfield-0.01
10 Day High15.26
10 Day Low13.89
20 Day High15.44
20 Day Low13.89
52 Week High16.97
52 Week Low11.44
Performance
1 Week8.51%
2 Weeks2.92%
1 Month0.93%
3 Month7.81%
6 Month3.27%
12 Month19.62%
2 Year111.13%
3 Year84.67%
5 Year346.47%
10 Year99.47%
15 Year170.59%
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)0.02
RSI(14)59.61
LBB13.84
UBB15.26
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.

ENTRYEXITDISTANCECAPITAL
15.2015.140.06 (0.39%)25.00%
An entry @15.20. This is a Buy Stop order right above the resistance zone.An exit @15.14. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.06 points, which is 0.39%.For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of LYTS. 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.
LYTS Daily chart

LSI INDUSTRIES INC

NASDAQ:LYTS (4/26/2024, 12:41:19 PM)

14.69

-0.49 (-3.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.23%
1 Week8.51%
2 Weeks2.92%
1 Month0.93%
3 Month7.81%
6 Month3.27%
12 Month19.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.48
ATR(20)%2.86%
ATR Inc
Range Today0.93
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 High15.26
10 Day Low13.89
20 Day High15.44
20 Day Low13.89
52 Week High16.97
52 Week Low11.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume55.40K
Volume Incr42.19%
Vol(5)102.32K
Vol(50)88.20K