LXP INDUSTRIAL TRUST (LXP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LXP - US5290431015 - REIT
Taking everything into account, LXP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LXP is showing a nice and steady performance.
Although LXP has an excellent technical rating, the quality of the presented setup is not ideal 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.
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37.37
We found 7 important support areas.
- A support zone ranging from 49.08 to 49.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 47.45 to 48.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.80 from a horizontal line in the daily time frame.
- A support zone ranging from 44.04 to 44.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.00 from a trend line in the weekly time frame.
- Support @38.60 from a horizontal line in the weekly time frame.
- Support @37.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 49.99 to 50.19. 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 | UP | POSITIVE | The long term trend for LXP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LXP is up. |
| ChartMill Relative Strength | 77.94 | POSITIVE | LXP has a high relative strength, it outperformed 77.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LXP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LXP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LXP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.35 | NEUTRAL | The RSI value for LXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests LXP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.98 | OVERBOUGHT | The high Stochastics value suggests LXP may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for LXP suggests some volalility. |
| Average Directional Index/ADX (14) | 30.35 | POSITIVE | The high ADX value value for LXP suggests a strong trend. |
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 |
|---|---|---|---|
| 50.20 | 49.07 | 1.13 (2.25%) | 25.00% |
| An entry @50.20. This is a Buy Stop order right above the resistance zone. | An exit @49.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.13 points, which is 2.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The distance between exit and entry is rather small compared to the average daily movement of LXP. 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.
49.98
+0.27 (+0.54%)
LXP INDUSTRIAL TRUST / LXP FAQ
What is the technical rating for LXP stock?
ChartMill assigns a technical rating of 10 / 10 to LXP.
What is the trend direction for LXP stock?
The current trend direction for LXP INDUSTRIAL TRUST (LXP) is Bullish.
What is the RSI signal for LXP stock?
LXP INDUSTRIAL TRUST (LXP) has an RSI value of 64.3479. This indicates that the stock is currently neutral.
What is the MACD signal for LXP INDUSTRIAL TRUST (LXP) stock?
The MACD indicator for LXP INDUSTRIAL TRUST (LXP) has a value of 0.166863, indicating a bearish trend.
What is the support and resistance level for LXP stock?
LXP INDUSTRIAL TRUST (LXP) has a support level at 49.8 and a resistance level at 49.99. Check the full technical report for our detailed analysis of LXP support and resistance levels.