LANTERN PHARMA INC (LTRN)

US51654W1018 - Common Stock

3.74  +0.44 (+13.33%)

Technical Rating and Analysis

1

Overall LTRN gets a technical rating of 1 out of 10. LTRN 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
72% of all other stocks performed better in the past year than LTRN.
LTRN 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 LTRN is lagging the market.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
LTRN is an average performer in the Biotechnology industry, it outperforms 60% of 564 stocks in the same industry.
In the last month LTRN has a been trading in the 2.95 - 4.88 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
LTRN Weekly chart
LTRN Daily chart
Setup Rating and Analysis

3

The technical rating of LTRN 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.

Support and Resistance Analysis

3.09

4.20

We found 1 important support area.

  • Support @3.12 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 3.80 to 3.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 3.99 to 4.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @4.16 from a horizontal line in the daily 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
CRS28.67
Mansfield-2.87
10 Day High3.97
10 Day Low2.95
20 Day High4.88
20 Day Low2.95
52 Week High11.99
52 Week Low2.79
Performance
1 Week6.25%
2 Weeks16.51%
1 Month-2.35%
3 Month-0.8%
6 Month-14.61%
12 Month-9.66%
2 Year-37.87%
3 Year-43.76%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.01
RSI(14)57.66
LBB2.94
UBB3.71
LTRN Daily chart

LANTERN PHARMA INC

NASDAQ:LTRN (1/3/2025, 8:00:01 PM)

3.74

+0.44 (+13.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg13.33%
1 Week6.25%
2 Weeks16.51%
1 Month-2.35%
3 Month-0.8%
6 Month-14.61%
12 Month-9.66%
2 Year-37.87%
3 Year-43.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%11.27%
ATR Inc17.39%
Range Today0.59
ADR(20)0.41
ADR(20)%11.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.67
Mansfield-2.87
10 Day High3.97
10 Day Low2.95
20 Day High4.88
20 Day Low2.95
52 Week High11.99
52 Week Low2.79
CS1 End3.12
CR1 Start3.8
Volume & EV
DER(3)10.94%
DER(5)2.53%
Volume71.30K
Volume Incr26.15%
Vol(5)93.16K
Vol(50)66.96K