LIGHTBRIDGE CORP (LTBR)
US53224K3023 - Common Stock
Taking everything into account, LTBR scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month LTBR has a been trading in the 5.71 - 14.20 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
LTBR is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 99% of 204 stocks in the same industry.
LTBR has an average volume of 1909450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, LTBR did better than 97% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
LTBR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LTBR is lagging the market.
Besides having an excellent technical rating, LTBR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.47, a Stop Loss order could be placed below this zone.
More info and screens
2.31
7.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.47 to 6.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.40 from a horizontal line in the daily time frame.
- Support @2.33 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @7.17 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.91
Mansfield7.46
10 Day High10.1
10 Day Low6.31
20 Day High14.2
20 Day Low5.71
52 Week High14.2
52 Week Low2.21
Performance
1 Week-23.41%
2 Weeks-7.49%
1 Month-25.14%
3 Month147.57%
6 Month135.23%
12 Month82.09%
2 Year35.73%
3 Year-27.52%
5 Year71.36%
10 Year-94.63%
15 Year-98.33%
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)-0.45
RSI(14)47.66
LBB5.75
UBB10.65
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.18 | 6.46 | 0.72 (10.03%) | 9.97% |
| An entry @7.18. This is a Buy Stop order right above the resistance zone. | An exit @6.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.72 points, which is 10.03%. | When investing 9.97% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LTBR. 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.
LIGHTBRIDGE CORP
NASDAQ:LTBR (11/18/2024, 8:00:00 PM)
After market: 6.83 +0.22 (+3.33%)6.61
+0.13 (+2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.01%
1 Week-23.41%
2 Weeks-7.49%
1 Month-25.14%
3 Month147.57%
6 Month135.23%
12 Month82.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.62
ATR(20)%27.78%
ATR Inc
Range Today0.53
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 High10.1
10 Day Low6.31
20 Day High14.2
20 Day Low5.71
52 Week High14.2
52 Week Low2.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.23M
Volume Incr-65.7%
Vol(5)1.41M
Vol(50)1.91M