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Latch Inc
Buy, Hold or Sell?

Let's analyse Latch together

PenkeI guess you are interested in Latch Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Latch Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Latch (30 sec.)










What can you expect buying and holding a share of Latch? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
33.3%

What is your share worth?

Current worth
$2.17
Expected worth in 1 year
$14.37
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
$12.20
Return On Investment
1,525.1%

For what price can you sell your share?

Current Price per Share
$0.80
Expected price per share
$0.6 - $0.85
How sure are you?
50%

1. Valuation of Latch (5 min.)




Live pricePrice per Share (EOD)

$0.80

2. Growth of Latch (5 min.)




Is Latch growing?

Current yearPrevious yearGrowGrow %
How rich?$377.5m-$154.2m$531.8m140.9%

How much money is Latch making?

Current yearPrevious yearGrowGrow %
Making money-$166.3m-$65.9m-$100.3m-60.3%
Net Profit Margin-402.1%-365.4%--

How much money comes from the company's main activities?

3. Financial Health of Latch (5 min.)




What can you expect buying and holding a share of Latch? (5 min.)

Welcome investor! Latch's management wants to use your money to grow the business. In return you get a share of Latch.

What can you expect buying and holding a share of Latch?

First you should know what it really means to hold a share of Latch. And how you can make/lose money.

Speculation

The Price per Share of Latch is $0.8. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Latch.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Latch, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $2.17. Based on the TTM, the Book Value Change Per Share is $3.05 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.89 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Latch.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.95-119.2%-0.95-119.2%-0.38-47.3%-0.54-67.5%-0.54-67.5%
Usd Book Value Change Per Share3.05381.3%3.05381.3%-0.89-110.7%0.7290.2%0.7290.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share3.05381.3%3.05381.3%-0.89-110.7%0.7290.2%0.7290.2%
Usd Price Per Share7.57-7.57-10.12-5.90-5.90-
Price to Earnings Ratio-7.94--7.94--26.74--11.56--11.56-
Price-to-Total Gains Ratio2.48-2.48--11.43--4.48--4.48-
Price to Book Ratio3.50-3.50--11.44--2.65--2.65-
Price-to-Total Gains Ratio2.48-2.48--11.43--4.48--4.48-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.8
Number of shares1250
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share3.050.72
Usd Total Gains Per Share3.050.72
Gains per Quarter (1250 shares)3,812.81902.26
Gains per Year (1250 shares)15,251.233,609.03
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101525115241036093599
203050230492072187208
30457544574301082710817
40610056099401443614426
50762567624501804518035
60915079149602165421644
7010675810674702526325253
8012200912199802887228862
9013726113724903248132471
10115251215250003609036080

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.03.00.00.0%0.03.00.00.0%0.03.00.00.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%
Dividend per Share1.00.00.0100.0%1.00.02.033.3%1.00.02.033.3%1.00.02.033.3%1.00.02.033.3%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%

Fundamentals of Latch

About Latch Inc

Latch, Inc. operates as an enterprise technology company in the United States and Canada. The company offers LatchOS, an operating system that extends smart access, delivery and guest management, smart home and sensors, connectivity, and personalization and services. Its software products include Latch Resident Mobile Applications, Latch Manager Web, and the Latch Manager Mobile Applications. The company also offers hardware devices that include M, C, and R series door-mounted access control products; Latch Intercom, which integrates into the Latch core access systems and allows audio and video calls for remote unlocking; Latch Camera, a dome camera; Latch Hub, a connectivity solution that enables smart access, smart home, and sensor devices at various buildings; and Latch Leak Detector, a solution to enable leak prevention, detection, and resolution for building owners and residents. In addition, it provides NFC unlock on Android that allows the user to unlock their door without even opening their phone; Latch Visitor Express, a contactless visitor entry system; and LatchID, an identification system. The company is headquartered in New York, New York.

Fundamental data was last updated by Penke on 2024-03-20 23:06:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Latch Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Latch earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Latch to the Software - Application industry mean.
  • A Net Profit Margin of -402.1% means that $-4.02 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Latch Inc:

  • The MRQ is -402.1%. The company is making a huge loss. -2
  • The TTM is -402.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-402.1%TTM-402.1%0.0%
TTM-402.1%YOY-365.4%-36.7%
TTM-402.1%5Y-368.3%-33.8%
5Y-368.3%10Y-368.3%0.0%
1.1.2. Return on Assets

Shows how efficient Latch is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Latch to the Software - Application industry mean.
  • -36.8% Return on Assets means that Latch generated $-0.37 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Latch Inc:

  • The MRQ is -36.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -36.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-36.8%TTM-36.8%0.0%
TTM-36.8%YOY-73.6%+36.9%
TTM-36.8%5Y-22,792.7%+22,756.0%
5Y-22,792.7%10Y-22,792.7%0.0%
1.1.3. Return on Equity

Shows how efficient Latch is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Latch to the Software - Application industry mean.
  • -44.1% Return on Equity means Latch generated $-0.44 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Latch Inc:

  • The MRQ is -44.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -44.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-44.1%TTM-44.1%0.0%
TTM-44.1%YOY--44.1%
TTM-44.1%5Y-27,994.5%+27,950.4%
5Y-27,994.5%10Y-27,994.5%0.0%

1.2. Operating Efficiency of Latch Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Latch is operating .

  • Measures how much profit Latch makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Latch to the Software - Application industry mean.
  • An Operating Margin of -359.2% means the company generated $-3.59  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Latch Inc:

  • The MRQ is -359.2%. The company is operating very inefficient. -2
  • The TTM is -359.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-359.2%TTM-359.2%0.0%
TTM-359.2%YOY-342.2%-17.0%
TTM-359.2%5Y-345.1%-14.1%
5Y-345.1%10Y-345.1%0.0%
1.2.2. Operating Ratio

Measures how efficient Latch is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 4.59 means that the operating costs are $4.59 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Latch Inc:

  • The MRQ is 4.592. The company is inefficient in keeping operating costs low. -1
  • The TTM is 4.592. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ4.592TTM4.5920.000
TTM4.592YOY4.422+0.170
TTM4.5925Y4.451+0.141
5Y4.45110Y4.4510.000

1.3. Liquidity of Latch Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Latch is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 8.16 means the company has $8.16 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Latch Inc:

  • The MRQ is 8.158. The company is very able to pay all its short-term debts. +2
  • The TTM is 8.158. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ8.158TTM8.1580.000
TTM8.158YOY6.777+1.381
TTM8.1585Y7.972+0.187
5Y7.97210Y7.9720.000
1.3.2. Quick Ratio

Measures if Latch is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Latch to the Software - Application industry mean.
  • A Quick Ratio of 11.49 means the company can pay off $11.49 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Latch Inc:

  • The MRQ is 11.488. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 11.488. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ11.488TTM11.4880.000
TTM11.488YOY31.100-19.613
TTM11.4885Y16.855-5.367
5Y16.85510Y16.8550.000

1.4. Solvency of Latch Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Latch assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Latch to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.17 means that Latch assets are financed with 16.5% credit (debt) and the remaining percentage (100% - 16.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Latch Inc:

  • The MRQ is 0.165. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.165. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.165TTM0.1650.000
TTM0.165YOY2.722-2.556
TTM0.1655Y0.997-0.832
5Y0.99710Y0.9970.000
1.4.2. Debt to Equity Ratio

Measures if Latch is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Latch to the Software - Application industry mean.
  • A Debt to Equity ratio of 19.8% means that company has $0.20 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Latch Inc:

  • The MRQ is 0.198. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.198. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.198TTM0.1980.000
TTM0.198YOY-+0.198
TTM0.1985Y0.109+0.089
5Y0.10910Y0.1090.000

2. Market Valuation of Latch Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Latch generates.

  • Above 15 is considered overpriced but always compare Latch to the Software - Application industry mean.
  • A PE ratio of -7.94 means the investor is paying $-7.94 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Latch Inc:

  • The EOD is -0.839. Based on the earnings, the company is expensive. -2
  • The MRQ is -7.936. Based on the earnings, the company is expensive. -2
  • The TTM is -7.936. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.839MRQ-7.936+7.097
MRQ-7.936TTM-7.9360.000
TTM-7.936YOY-26.737+18.801
TTM-7.9365Y-11.558+3.622
5Y-11.55810Y-11.5580.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Latch Inc:

  • The EOD is -1.216. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -11.509. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -11.509. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.216MRQ-11.509+10.293
MRQ-11.509TTM-11.5090.000
TTM-11.509YOY-29.851+18.342
TTM-11.5095Y-13.787+2.278
5Y-13.78710Y-13.7870.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Latch is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 3.50 means the investor is paying $3.50 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Latch Inc:

  • The EOD is 0.369. Based on the equity, the company is cheap. +2
  • The MRQ is 3.496. Based on the equity, the company is fair priced.
  • The TTM is 3.496. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD0.369MRQ3.496-3.126
MRQ3.496TTM3.4960.000
TTM3.496YOY-11.437+14.933
TTM3.4965Y-2.647+6.143
5Y-2.64710Y-2.6470.000
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Latch Inc.

3.1. Institutions holding Latch Inc

Institutions are holding 0.386% of the shares of Latch Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Parkwood LLC0.28910.040450409900
2023-12-31BP WEALTH MANAGEMENT, LLC0.01720.00053000015000100
2023-12-31MASSMUTUAL TRUST CO FSB/ADV0.0003053700
2023-09-30Goldman Sachs Group Inc000-358430-100
2023-09-30State Street Corporation000-395641-100
2023-09-30Mariner Wealth Advisors, LLC000-11102-100
2023-09-30Susquehanna International Group, LLP000-452806-100
2023-09-30Wells Fargo & Co000-4895-100
2023-09-30Northern Trust Corp000-172303-100
2023-09-30LAURION CAPITAL MANAGEMENT LP000-77100-100
2023-09-30Bridgeway Capital Management, LLC000-405000-100
2023-09-30Tudor Investment Corp Et AL000-50786-100
2023-09-30Citadel Advisors Llc000-33647-100
2023-09-30Millennium Management LLC000-1551178-100
2023-09-30Morgan Stanley - Brokerage Accounts000-135424-100
2023-09-30Marshall Wace Asset Management Ltd000-127749-100
2023-09-30Blair William & Co000-443646-100
2023-09-30Wms Partners, LLC000-11537-100
2023-09-30New York State Common Retirement Fund000-967-100
2023-09-30DRW Securities, LLC000-35400-100
Total 0.30660.0409534636-4252611-795.4%

3.2. Funds holding Latch Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-08-31BlackRock Strategic Income Opps Instl0.41030.001671532500
2024-01-31BlackRock Capital Allocation Term ord0.08160.005914227300
2023-12-31BlackRock Total Return Bond F0.06860.001411957610200.8604
2023-12-31BlackRock Total Return Bond Fund M0.01540.001426776-1070-3.8426
2023-12-31BlackRock Total Return Bond Fund T0.01010.001417636-1230-6.5197
2023-12-31Fidelity Inst TM TPI U.S. All Cap0.0040.0037695400
2023-12-31BlackRock Total Return Bond Fund L0.00240.0014416641660
2023-12-31BlackRock Global Allocation0.00230.0021408200
2023-12-31BlackRock Total Return Bond Fund J0.00170.0014299429940
2023-12-31BlackRock LifePath Dynamic 2030 F0.00010.0001241-16-6.2257
2023-12-31BlackRock LifePath Dynamic Retirement F0.00010.0002125-2-1.5748
2023-12-31BlackRock LifePath Dynamic 2025 T0.00010.0002102-8-7.2727
2023-12-31BlackRock LifePath Dynamic 2040 F0.00010101-7-6.4815
2023-12-31BlackRock LifePath Dynamic 2035 F0.00010.000196-7-6.7961
2023-12-31BlackRock LifePath Dynamic 2045 F0019-1-5
2023-12-31BlackRock LifePath Dynamic 2050 F00200
Total 0.59690.02091040468+5839+0.6%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Latch Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--3.0503.0500%-0.885+129%0.722+323%0.722+323%
Book Value Per Share--2.1652.1650%-0.885+141%0.427+407%0.427+407%
Current Ratio--8.1588.1580%6.777+20%7.972+2%7.972+2%
Debt To Asset Ratio--0.1650.1650%2.722-94%0.997-83%0.997-83%
Debt To Equity Ratio--0.1980.1980%-+100%0.109+82%0.109+82%
Dividend Per Share--0.0000.0000%-+100%0.000+200%0.000+200%
Eps---0.954-0.9540%-0.378-60%-0.540-43%-0.540-43%
Free Cash Flow Per Share---0.658-0.6580%-0.339-48%-0.430-35%-0.430-35%
Free Cash Flow To Equity Per Share--1.9101.9100%0.036+5189%0.677+182%0.677+182%
Gross Profit Margin--1.2101.2100%1.199+1%1.223-1%1.223-1%
Market Cap139486400.000-846%1319890060.0001319890060.0000%1764502960.000-25%1028131006.667+28%1028131006.667+28%
Net Profit Margin---4.021-4.0210%-3.654-9%-3.683-8%-3.683-8%
Operating Margin---3.592-3.5920%-3.422-5%-3.451-4%-3.451-4%
Operating Ratio--4.5924.5920%4.422+4%4.451+3%4.451+3%
Pb Ratio0.369-846%3.4963.4960%-11.437+427%-2.647+176%-2.647+176%
Pe Ratio-0.839+89%-7.936-7.9360%-26.737+237%-11.558+46%-11.558+46%
Price Per Share0.800-846%7.5707.5700%10.120-25%5.897+28%5.897+28%
Price To Free Cash Flow Ratio-1.216+89%-11.509-11.5090%-29.851+159%-13.787+20%-13.787+20%
Price To Total Gains Ratio0.262-846%2.4822.4820%-11.432+561%-4.475+280%-4.475+280%
Quick Ratio--11.48811.4880%31.100-63%16.855-32%16.855-32%
Return On Assets---0.368-0.3680%-0.736+100%-227.927+61885%-227.927+61885%
Return On Equity---0.441-0.4410%--100%-279.945+63450%-279.945+63450%
Total Gains Per Share--3.0503.0500%-0.885+129%0.722+323%0.722+323%
Usd Book Value--377556000.000377556000.0000%-154277000.000+141%74448297.667+407%74448297.667+407%
Usd Book Value Change Per Share--3.0503.0500%-0.885+129%0.722+323%0.722+323%
Usd Book Value Per Share--2.1652.1650%-0.885+141%0.427+407%0.427+407%
Usd Dividend Per Share--0.0000.0000%-+100%0.000+200%0.000+200%
Usd Eps---0.954-0.9540%-0.378-60%-0.540-43%-0.540-43%
Usd Free Cash Flow---114680000.000-114680000.0000%-59110000.000-48%-75060333.333-35%-75060333.333-35%
Usd Free Cash Flow Per Share---0.658-0.6580%-0.339-48%-0.430-35%-0.430-35%
Usd Free Cash Flow To Equity Per Share--1.9101.9100%0.036+5189%0.677+182%0.677+182%
Usd Market Cap139486400.000-846%1319890060.0001319890060.0000%1764502960.000-25%1028131006.667+28%1028131006.667+28%
Usd Price Per Share0.800-846%7.5707.5700%10.120-25%5.897+28%5.897+28%
Usd Profit---166319000.000-166319000.0000%-65994000.000-60%-94179666.667-43%-94179666.667-43%
Usd Revenue--41360000.00041360000.0000%18061000.000+129%24769333.333+67%24769333.333+67%
Usd Total Gains Per Share--3.0503.0500%-0.885+129%0.722+323%0.722+323%
 EOD+2 -6MRQTTM+0 -0YOY+18 -185Y+20 -1610Y+20 -16

4.2. Fundamental Score

Let's check the fundamental score of Latch Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.839
Price to Book Ratio (EOD)Between0-10.369
Net Profit Margin (MRQ)Greater than0-4.021
Operating Margin (MRQ)Greater than0-3.592
Quick Ratio (MRQ)Greater than111.488
Current Ratio (MRQ)Greater than18.158
Debt to Asset Ratio (MRQ)Less than10.165
Debt to Equity Ratio (MRQ)Less than10.198
Return on Equity (MRQ)Greater than0.15-0.441
Return on Assets (MRQ)Greater than0.05-0.368
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Latch Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.339
Ma 20Greater thanMa 500.757
Ma 50Greater thanMa 1000.780
Ma 100Greater thanMa 2000.769
OpenGreater thanClose0.770
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2021-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets452,304
Total Liabilities74,748
Total Stockholder Equity377,556
 As reported
Total Liabilities 74,748
Total Stockholder Equity+ 377,556
Total Assets = 452,304

Assets

Total Assets452,304
Total Current Assets332,618
Long-term Assets119,686
Total Current Assets
Cash And Cash Equivalents 124,782
Short-term Investments 158,973
Net Receivables 25,642
Inventory 11,615
Other Current Assets 11,606
Total Current Assets  (as reported)332,618
Total Current Assets  (calculated)332,618
+/-0
Long-term Assets
Property Plant Equipment 2,039
Long Term Investments 102,878
Intangible Assets 12,475
Other Assets 2,294
Long-term Assets  (as reported)119,686
Long-term Assets  (calculated)119,686
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities40,771
Long-term Liabilities33,977
Total Stockholder Equity377,556
Total Current Liabilities
Short-term Debt 24,184
Accounts payable 6,229
Other Current Liabilities 4,342
Total Current Liabilities  (as reported)40,771
Total Current Liabilities  (calculated)34,755
+/- 6,016
Long-term Liabilities
Other Liabilities 33,977
Long-term Liabilities  (as reported)33,977
Long-term Liabilities  (calculated)33,977
+/-0
Total Stockholder Equity
Common Stock25
Retained Earnings -328,506
Accumulated Other Comprehensive Income -676
Capital Surplus 706,713
Total Stockholder Equity (as reported)377,556
Total Stockholder Equity (calculated)377,556
+/-0
Other
Capital Stock25
Cash and Short Term Investments 283,755
Common Stock Shares Outstanding 86,473
Common Stock Total Equity25
Current Deferred Revenue6,016
Liabilities and Stockholders Equity 452,304
Net Debt -124,782
Net Invested Capital 377,556
Net Tangible Assets 365,081
Net Working Capital 291,847
Property Plant and Equipment Gross 2,039



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2021-12-312020-12-312019-12-31
> Total Assets 
74
89,609
452,304
452,30489,60974
   > Total Current Assets 
69
80,358
332,618
332,61880,35869
       Cash And Cash Equivalents 
54
60,529
124,782
124,78260,52954
       Short-term Investments 
0
300,002
158,973
158,973300,0020
       Net Receivables 
7
8,227
25,642
25,6428,2277
       Inventory 
6
8,293
11,615
11,6158,2936
       Other Current Assets 
2
3,309
11,606
11,6063,3092
   > Long-term Assets 
4
9,251
119,686
119,6869,2514
       Property Plant Equipment 
1
753
2,039
2,0397531
       Long Term Investments 
0
0
102,878
102,87800
       Intangible Assets 
3
7,416
12,475
12,4757,4163
       Other Assets 
0
787
2,294
2,2947870
> Total Liabilities 
8
243,886
74,748
74,748243,8868
   > Total Current Liabilities 
8
11,857
40,771
40,77111,8578
       Short-term Debt 
0
0
24,184
24,18400
       Accounts payable 
4
3,732
6,229
6,2293,7324
       Other Current Liabilities 
4
5,781
4,342
4,3425,7814
   > Long-term Liabilities 
0
232,029
33,977
33,977232,0290
       Long-term Liabilities Other 
0
1,051
0
01,0510
> Total Stockholder Equity
60
-154,277
377,556
377,556-154,27760
   Common Stock
0
285,063
25
25285,0630
   Retained Earnings Total Equity-328,50600
   Accumulated Other Comprehensive Income 
0
9
-676
-67690
   Capital Surplus 
0
12,389
706,713
706,71312,3890
   Treasury Stock000
   Other Stockholders Equity 
6
7,740
254,409
254,4097,7406



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2021-12-31)

Gross Profit (+$)
totalRevenue41,360
Cost of Revenue-44,038
Gross Profit-2,678-2,678
 
Operating Income (+$)
Gross Profit-2,678
Operating Expense-145,890
Operating Income-148,568-148,568
 
Operating Expense (+$)
Research Development45,848
Selling General Administrative61,818
Selling And Marketing Expenses34,985
Operating Expense145,890142,651
 
Net Interest Income (+$)
Interest Income0
Interest Expense-7,777
Other Finance Cost-0
Net Interest Income-7,777
 
Pretax Income (+$)
Operating Income-148,568
Net Interest Income-7,777
Other Non-Operating Income Expenses-9,921
Income Before Tax (EBT)-166,266-130,870
EBIT - interestExpense = -156,345
-166,266
-158,542
Interest Expense7,777
Earnings Before Interest and Taxes (EBIT)-148,568-158,489
Earnings Before Interest and Taxes (EBITDA)-135,407
 
After tax Income (+$)
Income Before Tax-166,266
Tax Provision-53
Net Income From Continuing Ops-166,319-166,319
Net Income-166,319
Net Income Applicable To Common Shares-166,319
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses189,928
Total Other Income/Expenses Net-17,69817,698
 

Technical Analysis of Latch
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Latch. The general trend of Latch is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Latch's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Latch Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.85 < 0.85 < 0.85.

The bearish price targets are: 0.6 > 0.6 > 0.6.

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Latch Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Latch Inc. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Latch Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Latch Inc. The current macd is 0.00650365.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Latch price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Latch. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Latch price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Latch Inc Daily Moving Average Convergence/Divergence (MACD) ChartLatch Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Latch Inc. The current adx is 58.01.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Latch shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Latch Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Latch Inc. The current sar is 0.691.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Latch Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Latch Inc. The current rsi is 52.34. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
Latch Inc Daily Relative Strength Index (RSI) ChartLatch Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Latch Inc. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Latch price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Latch Inc Daily Stochastic Oscillator ChartLatch Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Latch Inc. The current cci is 93.03.

Latch Inc Daily Commodity Channel Index (CCI) ChartLatch Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Latch Inc. The current cmo is 6.60581516.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Latch Inc Daily Chande Momentum Oscillator (CMO) ChartLatch Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Latch Inc. The current willr is -33.33333333.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Latch is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Latch Inc Daily Williams %R ChartLatch Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Latch Inc.

Latch Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Latch Inc. The current atr is 0.13386684.

Latch Inc Daily Average True Range (ATR) ChartLatch Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Latch Inc. The current obv is -67,542,955.

Latch Inc Daily On-Balance Volume (OBV) ChartLatch Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Latch Inc. The current mfi is 71.44.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Latch Inc Daily Money Flow Index (MFI) ChartLatch Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Latch Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-18MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04RSI LONG ENTRY SHORT CLOSE30 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-05BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Latch Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Latch Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.339
Ma 20Greater thanMa 500.757
Ma 50Greater thanMa 1000.780
Ma 100Greater thanMa 2000.769
OpenGreater thanClose0.770
Total2/5 (40.0%)
Penke

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