Taking everything into account, LYTS scores 0 out of 10 in our technical rating. LYTS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 18.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.31, a Stop Loss order could be placed below this zone.
More info and screens
15.35
3 important support areas can be observed.
- A support zone ranging from 18.14 to 18.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.25 to 17.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.50 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.75 to 18.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.66 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for LYTS is down. |
| ChartMill Relative Strength | 20.78 | NEGATIVE | LYTS has a low relative strength, it was outperformed by 79.22% off all stocks 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 | NEGATIVE | The current price of LYTS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LYTS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.92 | NEUTRAL | The RSI value for LYTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests LYTS has a positive trend. |
| Stochastics (14,3) | 78.52 | NEUTRAL | The Stochastics value for LYTS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for LYTS suggests some volalility. |
| Average Directional Index/ADX (14) | 34.06 | POSITIVE | The high ADX value value for LYTS suggests a strong trend. |
18.74
+0.02 (+0.11%)
LSI INDUSTRIES INC / LYTS FAQ
Can you provide the ChartMill technical rating for LSI INDUSTRIES INC?
ChartMill assigns a technical rating of 0 / 10 to LYTS.
What is the current trend direction of LSI INDUSTRIES INC (LYTS) stock?
The current trend direction for LSI INDUSTRIES INC (LYTS) is Bearish.
Can you provide the RSI signal for LSI INDUSTRIES INC?
LSI INDUSTRIES INC (LYTS) has an RSI value of 42.916. This indicates that the stock is currently neutral.
What is the MACD signal for LSI INDUSTRIES INC (LYTS) stock?
The MACD indicator for LSI INDUSTRIES INC (LYTS) has a value of 0.228456, indicating a bearish trend.
Can you provide the support and resistance levels for LSI INDUSTRIES INC?
LSI INDUSTRIES INC (LYTS) has a support level at 18.31 and a resistance level at 18.75. Check the full technical report for our detailed analysis of LYTS support and resistance levels.