LIGHTPATH TECHNOLOGIES INC. - 1H - Technical analysis published on 12/14/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 2.10 USD
My targets
2.25 USD (+0.90%)
2.36 USD (+5.83%)
My analysis
LIGHTPATH TECHNOLOGIES INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 2.10 USD. The next resistance located at 2.25 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 2.36 USD. After this resistance, buyers could then target 2.83 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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This analysis was given by Qaisali123. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LIGHTPATH TECHNOLOGIES INC. rating is 2.23 USD. The price has increased by +14.95% since the last closing and was between 1.95 USD and 2.25 USD. This implies that the price is at +14.36% from its lowest and at -0.89% from its highest.1.95
2.25
2.23
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LIGHTPATH TECHNOLOGIES INC.:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on LIGHTPATH TECHNOLOGIES INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this LIGHTPATH TECHNOLOGIES INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.55 | 1.72 | 1.92 | 2.23 | 2.25 | 2.36 | 2.83 |
| Change (%) | -30.49% | -22.87% | -13.90% | - | +0.90% | +5.83% | +26.91% |
| Change | -0.68 | -0.51 | -0.31 | - | +0.02 | +0.13 | +0.60 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.74 | 1.84 | 2.04 | 2.14 | 2.34 | 2.44 | 2.64 |
| Camarilla | 2.15 | 2.18 | 2.20 | 2.23 | 2.26 | 2.29 | 2.31 |
| Woodie | 1.78 | 1.87 | 2.08 | 2.17 | 2.38 | 2.47 | 2.68 |
| Fibonacci | 1.84 | 1.96 | 2.03 | 2.14 | 2.26 | 2.33 | 2.44 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.50 | 1.66 | 1.94 | 2.10 | 2.38 | 2.54 | 2.82 |
| Camarilla | 2.11 | 2.15 | 2.19 | 2.23 | 2.27 | 2.31 | 2.35 |
| Woodie | 1.57 | 1.69 | 2.01 | 2.13 | 2.45 | 2.57 | 2.89 |
| Fibonacci | 1.66 | 1.83 | 1.93 | 2.10 | 2.27 | 2.37 | 2.54 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.13 | 1.27 | 1.46 | 1.60 | 1.79 | 1.93 | 2.12 |
| Camarilla | 1.57 | 1.60 | 1.63 | 1.66 | 1.69 | 1.72 | 1.75 |
| Woodie | 1.17 | 1.28 | 1.50 | 1.61 | 1.83 | 1.94 | 2.16 |
| Fibonacci | 1.27 | 1.39 | 1.47 | 1.60 | 1.72 | 1.80 | 1.93 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 73.72 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 24.54 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 2.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.01 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 1.98 | |
| Zig ZAG (10): | 2.23 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 84.10 | |
| TEMA (21): | 2.19 | |
| Williams %R (14): | -5.41 | |
| Chande Momentum Oscillator (20): | 0.28 | |
| Repulse (5,40,3): | 6.6900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4500 | |
| Courbe Coppock: | 24.18 |
| MA7: | 1.92 | |
| MA20: | 1.73 | |
| MA50: | 1.64 | |
| MA100: | 1.48 | |
| MAexp7: | 2.15 | |
| MAexp20: | 2.04 | |
| MAexp50: | 1.94 | |
| MAexp100: | 1.84 | |
| Price / MA7: | +16.15% | |
| Price / MA20: | +28.90% | |
| Price / MA50: | +35.98% | |
| Price / MA100: | +50.68% | |
| Price / MAexp7: | +3.72% | |
| Price / MAexp20: | +9.31% | |
| Price / MAexp50: | +14.95% | |
| Price / MAexp100: | +21.20% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on LIGHTPATH TECHNOLOGIES INC.. At the time of publication of this analysis, the latest news was as follows:
- LightPath Technologies Introduces New Optical Gas Imaging Camera for Ammonia and SF6 Detection
- LightPath Technologies Reports First Quarter Fiscal 2025 Financial Results
- LightPath Technologies to Host First Quarter Fiscal 2025 Earnings Call on November 7 at 5:00 p.m. Eastern
- LightPath Technologies Secures LOI for Sustained Supply of Infrared Lens Assemblies from Existing European Defense Customer
- LightPath Technologies to Participate in LD Micro Main Event XVII Conference on October 29, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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