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Lightwave Logic Inc
Buy, Hold or Sell?

Let's analyse Lightwave Logic Inc together

PenkeI guess you are interested in Lightwave Logic 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 Lightwave Logic 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 Lightwave Logic Inc (30 sec.)










What can you expect buying and holding a share of Lightwave Logic Inc? (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?
0.0%

What is your share worth?

Current worth
$0.31
Expected worth in 1 year
$0.38
How sure are you?
55.0%

+ What do you gain per year?

Total Gains per Share
$0.07
Return On Investment
1.6%

For what price can you sell your share?

Current Price per Share
$4.68
Expected price per share
$3.95 - $6.21
How sure are you?
50%

1. Valuation of Lightwave Logic Inc (5 min.)




Live pricePrice per Share (EOD)

$4.68

Intrinsic Value Per Share

$-1.76 - $-0.93

Total Value Per Share

$-1.46 - $-0.63

2. Growth of Lightwave Logic Inc (5 min.)




Is Lightwave Logic Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$36.4m$27.7m$6.8m19.7%

How much money is Lightwave Logic Inc making?

Current yearPrevious yearGrowGrow %
Making money-$5.3m-$4.3m-$1m-19.3%
Net Profit Margin-3,436.7%-4,566.8%--

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

3. Financial Health of Lightwave Logic Inc (5 min.)




4. Comparing to competitors in the Specialty Chemicals industry (5 min.)




  Industry Rankings (Specialty Chemicals)  


Richest
#442 / 565

Most Revenue
#543 / 565

Most Profit
#510 / 565

Most Efficient
#558 / 565

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

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

What can you expect buying and holding a share of Lightwave Logic Inc?

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

Speculation

The Price per Share of Lightwave Logic Inc is $4.68. 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 Lightwave Logic Inc.
  • 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 Lightwave Logic Inc, 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 $0.31. Based on the TTM, the Book Value Change Per Share is $0.02 per quarter. Based on the YOY, the Book Value Change Per Share is $0.00 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 Lightwave Logic Inc.

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-0.04-0.9%-0.04-0.9%-0.04-0.8%-0.03-0.6%-0.02-0.4%
Usd Book Value Change Per Share0.010.2%0.020.4%0.000.1%0.010.3%0.010.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.010.2%0.020.4%0.000.1%0.010.3%0.010.1%
Usd Price Per Share4.98-5.41-6.95-4.79-2.84-
Price to Earnings Ratio-30.04--30.58--50.66--33.69--27.55-
Price-to-Total Gains Ratio585.58-146.42-506.70-277.12-106.80-
Price to Book Ratio16.29-18.70-29.90-30.47-29.12-
Price-to-Total Gains Ratio585.58-146.42-506.70-277.12-106.80-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.68
Number of shares213
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.01
Usd Total Gains Per Share0.020.01
Gains per Quarter (213 shares)3.972.82
Gains per Year (213 shares)15.8711.27
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101660111
20322202312
30483803423
40635404534
50797005645
60958606856
7011110207967
8012711809078
90143134010189
1001591500113100

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 Share0.04.00.00.0%0.012.00.00.0%0.020.00.00.0%0.040.00.00.0%0.063.01.00.0%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%12.08.00.060.0%22.018.00.055.0%32.032.00.050.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%0.00.064.00.0%
Total Gains per Share3.01.00.075.0%9.03.00.075.0%12.08.00.060.0%22.018.00.055.0%32.032.00.050.0%

Fundamentals of Lightwave Logic Inc

About Lightwave Logic Inc

Lightwave Logic, Inc. focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, contract manufacturers, original equipment manufacturers, foundries, packaging and assembly manufacturers, etc.; and semiconductor companies, optical network companies, Web 2.0/3.0 media companies, computing companies, telecommunications companies, aerospace companies, automotive companies, and government agencies and defense entities. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.

Fundamental data was last updated by Penke on 2024-03-14 03:40:05.

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 expensive.
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 Lightwave Logic Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Lightwave Logic Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Lightwave Logic Inc to the Specialty Chemicals industry mean.
  • A Net Profit Margin of -12,196.1% means that $-121.96 for each $1 in revenue is generated as profit.

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

  • The MRQ is -12,196.1%. The company is making a huge loss. -2
  • The TTM is -3,436.7%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-12,196.1%TTM-3,436.7%-8,759.4%
TTM-3,436.7%YOY-4,566.8%+1,130.1%
TTM-3,436.7%5Y-1,600.7%-1,836.0%
5Y-1,600.7%10Y-3,708.2%+2,107.5%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-12,196.1%4.2%-12,200.3%
TTM-3,436.7%4.2%-3,440.9%
YOY-4,566.8%6.4%-4,573.2%
5Y-1,600.7%6.0%-1,606.7%
10Y-3,708.2%6.0%-3,714.2%
1.1.2. Return on Assets

Shows how efficient Lightwave Logic Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Lightwave Logic Inc to the Specialty Chemicals industry mean.
  • -11.8% Return on Assets means that Lightwave Logic Inc generated $-0.12 profit for each $1 in assets.

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

  • The MRQ is -11.8%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -14.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-11.8%TTM-14.3%+2.5%
TTM-14.3%YOY-14.8%+0.4%
TTM-14.3%5Y-24.4%+10.0%
5Y-24.4%10Y-27.4%+3.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-11.8%1.1%-12.9%
TTM-14.3%1.1%-15.4%
YOY-14.8%1.7%-16.5%
5Y-24.4%1.6%-26.0%
10Y-27.4%1.7%-29.1%
1.1.3. Return on Equity

Shows how efficient Lightwave Logic Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Lightwave Logic Inc to the Specialty Chemicals industry mean.
  • -13.6% Return on Equity means Lightwave Logic Inc generated $-0.14 for each $1 the owners (shareholders) invested.

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

  • The MRQ is -13.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -15.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-13.6%TTM-15.6%+2.0%
TTM-15.6%YOY-15.5%-0.1%
TTM-15.6%5Y-29.8%+14.2%
5Y-29.8%10Y-31.3%+1.5%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.6%2.2%-15.8%
TTM-15.6%2.0%-17.6%
YOY-15.5%3.2%-18.7%
5Y-29.8%2.7%-32.5%
10Y-31.3%2.8%-34.1%

1.2. Operating Efficiency of Lightwave Logic Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Lightwave Logic Inc is operating .

  • Measures how much profit Lightwave Logic Inc 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 Lightwave Logic Inc to the Specialty Chemicals industry mean.
  • An Operating Margin of -13,182.0% means the company generated $-131.82  for each $1 in revenue (before taxes).

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

  • The MRQ is -13,182.0%. The company is operating very inefficient. -2
  • The TTM is -3,686.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-13,182.0%TTM-3,686.2%-9,495.8%
TTM-3,686.2%YOY-4,707.7%+1,021.5%
TTM-3,686.2%5Y-1,678.8%-2,007.4%
5Y-1,678.8%10Y-3,676.0%+1,997.2%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-13,182.0%7.5%-13,189.5%
TTM-3,686.2%4.8%-3,691.0%
YOY-4,707.7%8.2%-4,715.9%
5Y-1,678.8%8.1%-1,686.9%
10Y-3,676.0%7.3%-3,683.3%
1.2.2. Operating Ratio

Measures how efficient Lightwave Logic Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 132.82 means that the operating costs are $132.82 for each $1 in net sales.

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

  • The MRQ is 132.820. The company is inefficient in keeping operating costs low. -1
  • The TTM is 37.336. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ132.820TTM37.336+95.485
TTM37.336YOY49.711-12.376
TTM37.3365Y17.409+19.926
5Y17.40910Y34.605-17.196
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ132.8201.529+131.291
TTM37.3361.530+35.806
YOY49.7111.459+48.252
5Y17.4091.462+15.947
10Y34.6051.229+33.376

1.3. Liquidity of Lightwave Logic Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Lightwave Logic Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 12.66 means the company has $12.66 in assets for each $1 in short-term debts.

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

  • The MRQ is 12.661. The company is very able to pay all its short-term debts. +2
  • The TTM is 29.376. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ12.661TTM29.376-16.716
TTM29.376YOY26.316+3.060
TTM29.3765Y16.603+12.773
5Y16.60310Y14.717+1.886
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ12.6611.831+10.830
TTM29.3761.875+27.501
YOY26.3161.896+24.420
5Y16.6031.926+14.677
10Y14.7171.762+12.955
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Lightwave Logic Inc to the Specialty Chemicals industry mean.
  • A Quick Ratio of 12.18 means the company can pay off $12.18 for each $1 in debt (using most liquid assets).

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

  • The MRQ is 12.183. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 28.684. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ12.183TTM28.684-16.501
TTM28.684YOY25.735+2.950
TTM28.6845Y16.078+12.607
5Y16.07810Y13.997+2.080
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ12.1830.846+11.337
TTM28.6840.884+27.800
YOY25.7350.966+24.769
5Y16.0781.049+15.029
10Y13.9971.030+12.967

1.4. Solvency of Lightwave Logic Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Lightwave Logic Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Lightwave Logic Inc to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.13 means that Lightwave Logic Inc assets are financed with 12.8% credit (debt) and the remaining percentage (100% - 12.8%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.128. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.087. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.128TTM0.087+0.041
TTM0.087YOY0.046+0.041
TTM0.0875Y0.148-0.061
5Y0.14810Y0.111+0.037
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1280.431-0.303
TTM0.0870.427-0.340
YOY0.0460.426-0.380
5Y0.1480.433-0.285
10Y0.1110.439-0.328
1.4.2. Debt to Equity Ratio

Measures if Lightwave Logic Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Lightwave Logic Inc to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 14.7% means that company has $0.15 debt for each $1 in shareholders equity.

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

  • The MRQ is 0.147. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.097. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.147TTM0.097+0.050
TTM0.097YOY0.048+0.048
TTM0.0975Y0.192-0.095
5Y0.19210Y0.137+0.055
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1470.767-0.620
TTM0.0970.752-0.655
YOY0.0480.747-0.699
5Y0.1920.797-0.605
10Y0.1370.845-0.708

2. Market Valuation of Lightwave Logic 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 Lightwave Logic Inc generates.

  • Above 15 is considered overpriced but always compare Lightwave Logic Inc to the Specialty Chemicals industry mean.
  • A PE ratio of -30.04 means the investor is paying $-30.04 for every $1 in earnings.

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

  • The EOD is -28.230. Based on the earnings, the company is expensive. -2
  • The MRQ is -30.039. Based on the earnings, the company is expensive. -2
  • The TTM is -30.585. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-28.230MRQ-30.039+1.810
MRQ-30.039TTM-30.585+0.545
TTM-30.585YOY-50.661+20.076
TTM-30.5855Y-33.691+3.106
5Y-33.69110Y-27.546-6.145
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-28.23015.013-43.243
MRQ-30.03913.988-44.027
TTM-30.58515.705-46.290
YOY-50.66117.841-68.502
5Y-33.69119.498-53.189
10Y-27.54623.950-51.496
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -35.817. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -38.113. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -40.622. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-35.817MRQ-38.113+2.296
MRQ-38.113TTM-40.622+2.509
TTM-40.622YOY-69.793+29.170
TTM-40.6225Y-54.898+14.276
5Y-54.89810Y-40.692-14.206
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-35.8175.077-40.894
MRQ-38.1134.568-42.681
TTM-40.6222.302-42.924
YOY-69.793-0.150-69.643
5Y-54.8983.140-58.038
10Y-40.6922.653-43.345
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 16.29 means the investor is paying $16.29 for each $1 in book value.

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

  • The EOD is 15.310. Based on the equity, the company is expensive. -2
  • The MRQ is 16.291. Based on the equity, the company is expensive. -2
  • The TTM is 18.704. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD15.310MRQ16.291-0.981
MRQ16.291TTM18.704-2.413
TTM18.704YOY29.903-11.199
TTM18.7045Y30.469-11.765
5Y30.46910Y29.119+1.350
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD15.3101.713+13.597
MRQ16.2911.781+14.510
TTM18.7041.854+16.850
YOY29.9032.306+27.597
5Y30.4692.351+28.118
10Y29.1192.842+26.277
2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Institutions holding Lightwave Logic Inc

Institutions are holding 27.296% of the shares of Lightwave Logic Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31BlackRock Inc7.20820.001185910976391968.0383
2023-12-31Vanguard Group Inc7.03660.000983866122643873.2551
2023-12-31Geode Capital Management, LLC2.17750.001425952501742697.1983
2023-12-31State Street Corporation2.08870.00062489462-75456-2.9418
2023-12-31Northern Trust Corp0.89960.001107219963560.5963
2023-12-31Charles Schwab Investment Management Inc0.76020.0012906032168901.8996
2023-12-31Susquehanna International Group, LLP0.44810.000553412111695928.0368
2023-12-31Bank of New York Mellon Corp0.36110.00044303244366511.2929
2023-09-30Citadel Advisors Llc0.34930.000441629016440165.2672
2023-12-31SG Americas Securities, LLC0.34330.019409213321123364.5397
2023-12-31UMB Bank NA0.26440.022931509250001.6124
2023-12-31Morgan Stanley - Brokerage Accounts0.25870.0001308279175045131.3816
2023-12-31Nuveen Asset Management, LLC0.25790.000530734629350.9642
2023-12-31Millennium Management LLC0.2420.0006288399-111196-27.8272
2023-12-31LPL Financial Corp0.23860.00092844004566819.1294
2023-12-31Mitsubishi UFJ Asset Management Co.,Ltd0.22270.002126539490903.5466
2023-12-31Goldman Sachs Group Inc0.21220.000125286010424170.1398
2023-12-31First Western Trust Bank0.1960.057923359800
2023-12-31Swiss National Bank0.1830.0008218100-20900-8.7448
2023-12-31Barclays PLC0.15420.0003183766143746359.1854
Total 23.90230.112728487834+2025419+7.1%

3.2. Funds holding Lightwave Logic Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-01-31Vanguard Total Stock Mkt Idx Inv2.84030.001331997300
2024-02-01iShares Russell 2000 ETF2.45340.02082867710-18942-0.6562
2024-01-31Vanguard Information Technology ETF2.06050.01442408496291081.2233
2024-01-31Vanguard Institutional Extnd Mkt Idx Tr1.46590.007717134577680.0448
2023-12-31Fidelity Small Cap Index1.00130.02291170408392013.4654
2024-02-28iShares Russell 2000 Growth ETF0.88520.0376103469148080.4668
2024-01-31State St Russell Sm/Mid Cp® Indx NL Cl C0.56690.007566267200
2023-12-31Fidelity Extended Market Index0.5550.0089648679-1629-0.2505
2024-02-28Schwab US Small-Cap ETF™0.46470.013854320600
2024-01-31State St Russell Sm Cap® Indx SL Cl I0.36150.020442250200
2024-01-31Vanguard Russell 2000 ETF0.3360.020339278685862.2348
2023-12-31NT R2000 Growth Index Fund - NL0.29460.046434430300
2023-12-31NT R2000 Index Fund - NL0.28250.02273302245660.1717
2024-02-28Fidelity MSCI Information Tech ETF0.24930.013429135600
2024-01-31Schwab Small Cap Index0.23080.020426978400
2023-12-31NT R2000 Growth Index Fund - L0.22530.0472263384201768.2958
2023-12-31Northern Trust Russell 2000 Growth Index0.22530.0474263384201768.2958
2023-09-30BlackRock Extended Mkt Composite0.22530.0083263298-20470-7.2136
2024-02-28iShares Micro-Cap ETF0.2240.119226181317000.6536
2023-12-31NT R2000 Index Fund - DC - NL - 20.22250.0227260054-556-0.2133
Total 15.17030.52317732180+83492+0.5%

3.3. Insider Transactions

Insiders are holding 5.25% of the shares of Lightwave Logic Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-07-19Frederick J LeonbergerSELL490007.75
2023-06-12Siraj Nour El-ahmadiSELL1000007.77

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Lightwave Logic 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--0.0090.019-54%0.005+73%0.013-36%0.007+22%
Book Value Per Share--0.3060.290+5%0.233+31%0.149+105%0.091+236%
Current Ratio--12.66129.376-57%26.316-52%16.603-24%14.717-14%
Debt To Asset Ratio--0.1280.087+48%0.046+179%0.148-14%0.111+15%
Debt To Equity Ratio--0.1470.097+52%0.048+205%0.192-23%0.137+7%
Dividend Per Share----0%-0%-0%-0%
Eps---0.041-0.044+6%-0.036-13%-0.030-29%-0.020-52%
Free Cash Flow Per Share---0.033-0.033+2%-0.025-23%-0.021-37%-0.015-55%
Free Cash Flow To Equity Per Share--0.0050.014-67%0.003+69%0.012-62%0.007-37%
Gross Profit Margin--1.0741.019+5%1.000+7%1.004+7%1.002+7%
Intrinsic Value_10Y_max---0.934--------
Intrinsic Value_10Y_min---1.763--------
Intrinsic Value_1Y_max---0.064--------
Intrinsic Value_1Y_min---0.121--------
Intrinsic Value_3Y_max---0.215--------
Intrinsic Value_3Y_min---0.415--------
Intrinsic Value_5Y_max---0.393--------
Intrinsic Value_5Y_min---0.761--------
Market Cap557785800.000-6%593541300.000645088812.500-8%828335750.000-28%570890190.750+4%338712149.463+75%
Net Profit Margin---121.961-34.367-72%-45.668-63%-16.007-87%-37.082-70%
Operating Margin---131.820-36.862-72%-47.077-64%-16.788-87%-36.760-72%
Operating Ratio--132.82037.336+256%49.711+167%17.409+663%34.605+284%
Pb Ratio15.310-6%16.29118.704-13%29.903-46%30.469-47%29.119-44%
Pe Ratio-28.230+6%-30.039-30.585+2%-50.661+69%-33.691+12%-27.546-8%
Price Per Share4.680-6%4.9805.413-8%6.950-28%4.790+4%2.842+75%
Price To Free Cash Flow Ratio-35.817+6%-38.113-40.622+7%-69.793+83%-54.898+44%-40.692+7%
Price To Total Gains Ratio550.304-6%585.580146.420+300%506.699+16%277.116+111%106.797+448%
Quick Ratio--12.18328.684-58%25.735-53%16.078-24%13.997-13%
Return On Assets---0.118-0.143+21%-0.148+25%-0.244+106%-0.274+131%
Return On Equity---0.136-0.156+15%-0.155+14%-0.298+120%-0.313+131%
Total Gains Per Share--0.0090.019-54%0.005+73%0.013-36%0.007+22%
Usd Book Value--36433814.00034615820.000+5%27781417.000+31%17758905.450+105%10858952.450+236%
Usd Book Value Change Per Share--0.0090.019-54%0.005+73%0.013-36%0.007+22%
Usd Book Value Per Share--0.3060.290+5%0.233+31%0.149+105%0.091+236%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.041-0.044+6%-0.036-13%-0.030-29%-0.020-52%
Usd Free Cash Flow---3893263.000-3958983.750+2%-3008370.500-23%-2459379.200-37%-1755754.200-55%
Usd Free Cash Flow Per Share---0.033-0.033+2%-0.025-23%-0.021-37%-0.015-55%
Usd Free Cash Flow To Equity Per Share--0.0050.014-67%0.003+69%0.012-62%0.007-37%
Usd Market Cap557785800.000-6%593541300.000645088812.500-8%828335750.000-28%570890190.750+4%338712149.463+75%
Usd Price Per Share4.680-6%4.9805.413-8%6.950-28%4.790+4%2.842+75%
Usd Profit---4939676.000-5338543.250+8%-4307410.250-13%-3788335.550-23%-2523788.925-49%
Usd Revenue--40502.000354744.000-89%6808.500+495%72310.500-44%40232.500+1%
Usd Total Gains Per Share--0.0090.019-54%0.005+73%0.013-36%0.007+22%
 EOD+2 -6MRQTTM+15 -19YOY+16 -185Y+13 -2110Y+17 -17

4.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-28.230
Price to Book Ratio (EOD)Between0-115.310
Net Profit Margin (MRQ)Greater than0-121.961
Operating Margin (MRQ)Greater than0-131.820
Quick Ratio (MRQ)Greater than112.183
Current Ratio (MRQ)Greater than112.661
Debt to Asset Ratio (MRQ)Less than10.128
Debt to Equity Ratio (MRQ)Less than10.147
Return on Equity (MRQ)Greater than0.15-0.136
Return on Assets (MRQ)Greater than0.05-0.118
Total4/10 (40.0%)

4.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.684
Ma 20Greater thanMa 504.206
Ma 50Greater thanMa 1004.364
Ma 100Greater thanMa 2004.513
OpenGreater thanClose4.500
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets41,784
Total Liabilities5,350
Total Stockholder Equity36,434
 As reported
Total Liabilities 5,350
Total Stockholder Equity+ 36,434
Total Assets = 41,784

Assets

Total Assets41,784
Total Current Assets32,700
Long-term Assets9,084
Total Current Assets
Cash And Cash Equivalents 31,432
Net Receivables 35
Inventory 476
Other Current Assets 757
Total Current Assets  (as reported)32,700
Total Current Assets  (calculated)32,700
+/-0
Long-term Assets
Property Plant Equipment 7,829
Intangible Assets 1,255
Long-term Assets  (as reported)9,084
Long-term Assets  (calculated)9,084
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities2,583
Long-term Liabilities2,767
Total Stockholder Equity36,434
Total Current Liabilities
Short-term Debt 144
Accounts payable 1,761
Other Current Liabilities 638
Total Current Liabilities  (as reported)2,583
Total Current Liabilities  (calculated)2,543
+/- 40
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt2,767
Long-term Liabilities  (as reported)2,767
Long-term Liabilities  (calculated)2,767
+/- 0
Total Stockholder Equity
Common Stock118
Retained Earnings -127,871
Accumulated Other Comprehensive Income -432
Other Stockholders Equity 164,619
Total Stockholder Equity (as reported)36,434
Total Stockholder Equity (calculated)36,434
+/-0
Other
Capital Stock118
Cash and Short Term Investments 31,432
Common Stock Shares Outstanding 117,359
Current Deferred Revenue40
Liabilities and Stockholders Equity 41,784
Net Debt -28,521
Net Invested Capital 36,434
Net Working Capital 30,117
Property Plant and Equipment Gross 12,504
Short Long Term Debt Total 2,911



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-09-302009-06-302009-03-312008-09-302008-06-302008-03-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-31
> Total Assets 
0
0
0
840
932
783
489
871
605
444
375
1,072
861
879
565
859
1,472
1,086
913
1,140
921
4,436
3,813
3,816
3,816
4,282
3,630
3,245
2,938
4,128
5,392
4,279
3,525
4,322
3,486
5,110
4,239
3,347
3,560
3,187
3,390
3,501
4,205
5,850
5,626
5,235
5,237
5,251
6,121
6,815
6,603
6,825
6,402
6,561
6,423
7,367
10,497
17,994
16,130
27,229
28,050
29,007
30,149
29,263
30,810
40,552
39,104
41,784
41,78439,10440,55230,81029,26330,14929,00728,05027,22916,13017,99410,4977,3676,4236,5616,4026,8256,6036,8156,1215,2515,2375,2355,6265,8504,2053,5013,3903,1873,5603,3474,2395,1103,4864,3223,5254,2795,3924,1282,9383,2453,6304,2823,8163,8163,8134,4369211,1409131,0861,4728595658798611,072375444605871489783932840000
   > Total Current Assets 
0
0
0
693
604
518
227
600
314
148
100
801
524
513
172
446
1,028
632
433
630
402
3,746
3,037
0
3,027
3,426
2,766
2,403
2,043
3,229
4,385
3,294
2,453
3,187
2,358
3,995
3,142
2,309
2,470
2,094
2,319
2,375
3,092
4,067
3,378
2,396
2,521
2,512
2,581
2,584
2,436
2,609
2,410
2,779
2,828
3,874
6,748
14,346
12,541
23,665
24,552
25,613
26,257
25,356
26,871
33,449
31,440
32,700
32,70031,44033,44926,87125,35626,25725,61324,55223,66512,54114,3466,7483,8742,8282,7792,4102,6092,4362,5842,5812,5122,5212,3963,3784,0673,0922,3752,3192,0942,4702,3093,1423,9952,3583,1872,4533,2944,3853,2292,0432,4032,7663,4263,02703,0373,7464026304336321,028446172513524801100148314600227518604693000
       Cash And Cash Equivalents 
0
0
0
1
128
437
72
479
206
135
88
796
452
460
166
425
954
549
374
562
360
3,623
2,932
2,937
2,937
3,259
2,621
2,271
1,930
3,030
4,214
3,166
2,339
2,920
2,142
3,731
3,022
2,104
2,302
1,957
2,183
2,140
2,880
3,482
2,811
2,003
2,204
2,175
2,286
2,203
2,168
2,236
2,028
2,222
2,200
3,307
6,521
13,914
12,195
23,433
24,338
24,830
25,022
24,102
26,168
32,636
30,877
31,432
31,43230,87732,63626,16824,10225,02224,83024,33823,43312,19513,9146,5213,3072,2002,2222,0282,2362,1682,2032,2862,1752,2042,0032,8113,4822,8802,1402,1831,9572,3022,1043,0223,7312,1422,9202,3393,1664,2143,0301,9302,2712,6213,2592,9372,9372,9323,62336056237454995442516646045279688135206479724371281000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
199
210
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000002101990000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
101
101
101
0
10
0
0
0
1
0
0
0
0
0
200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
159
159
126
126
102
49
16
0
0
0
0
588
656
0
39
39
35
353939065658800001649102126126159159000000000000000000000000000000200000001000100101101101000000
       Other Current Assets 
0
0
0
683
471
76
50
12
7
12
12
5
73
53
5
21
74
83
59
68
42
123
105
90
90
167
145
132
113
198
171
128
114
267
216
264
120
205
167
137
136
234
212
585
567
393
316
338
295
376
266
372
379
556
627
427
226
433
347
232
214
645
581
538
493
726
524
757
757524726493538581645214232347433226427627556379372266376295338316393567585212234136137167205120264216267114128171198113132145167909010512342685983742155373512127125076471683000
   > Long-term Assets 
0
0
0
147
328
265
261
271
291
297
274
271
337
365
393
412
444
454
480
510
520
689
776
0
790
856
863
842
895
899
1,006
985
1,072
1,135
1,129
1,115
1,097
1,038
1,091
1,094
1,071
1,126
1,113
1,783
2,248
2,839
2,717
2,739
3,540
4,231
4,167
4,216
3,992
3,782
3,595
3,493
3,749
3,648
3,589
3,564
3,498
3,394
3,892
3,908
3,939
7,103
7,664
9,084
9,0847,6647,1033,9393,9083,8923,3943,4983,5643,5893,6483,7493,4933,5953,7823,9924,2164,1674,2313,5402,7392,7172,8392,2481,7831,1131,1261,0711,0941,0911,0381,0971,1151,1291,1351,0729851,0068998958428638567900776689520510480454444412393365337271274297291271261265328147000
       Property Plant Equipment 
0
0
0
42
79
77
72
67
69
65
62
55
105
104
105
97
98
95
91
88
89
201
281
301
301
349
325
298
326
327
404
375
462
522
510
495
470
410
440
426
395
499
484
1,177
1,632
1,892
1,784
1,801
2,611
3,299
3,237
3,276
3,065
2,855
2,679
2,577
2,849
2,758
2,722
2,716
2,632
2,548
3,055
2,878
2,821
5,935
6,482
7,829
7,8296,4825,9352,8212,8783,0552,5482,6322,7162,7222,7582,8492,5772,6792,8553,0653,2763,2373,2992,6111,8011,7841,8921,6321,177484499395426440410470495510522462375404327326298325349301301281201898891959897105104105556265696772777942000
       Intangible Assets 
0
0
0
42
143
143
151
174
185
191
212
216
232
261
288
315
346
359
389
422
431
489
495
488
489
508
539
544
569
573
603
610
610
613
618
620
626
627
651
668
676
627
629
606
616
947
932
938
930
932
929
939
927
927
916
916
901
890
866
848
866
846
837
1,030
1,117
1,169
1,183
1,255
1,2551,1831,1691,1171,03083784686684886689090191691692792793992993293093893294761660662962767666865162762662061861361061060357356954453950848948849548943142238935934631528826123221621219118517415114314342000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
454
489
495
488
496
507
539
544
569
573
603
610
610
613
618
620
626
628
650
667
676
627
629
606
616
0
0
0
0
0
0
0
0
0
3,571
1
0
0
0
0
0
0
0
0
0
0
0
0
00000000000013,57100000000061660662962767666765062862662061861361061060357356954453950749648849548945400000000000000000000
> Total Liabilities 
0
0
0
265
288
230
209
218
160
140
168
61
97
132
135
132
116
147
213
240
238
208
249
155
155
211
384
122
313
190
502
222
341
150
163
103
129
115
213
128
205
388
322
833
890
660
419
344
1,309
1,991
1,842
1,917
1,705
1,913
1,912
1,591
982
1,037
1,151
2,024
1,230
1,048
1,355
1,710
977
3,776
3,684
5,350
5,3503,6843,7769771,7101,3551,0481,2302,0241,1511,0379821,5911,9121,9131,7051,9171,8421,9911,3093444196608908333223882051282131151291031631503412225021903131223842111551552492082382402131471161321351329761168140160218209230288265000
   > Total Current Liabilities 
0
0
0
256
280
223
204
218
160
140
168
61
97
132
135
132
116
147
213
240
238
208
249
155
155
211
384
122
313
190
502
222
341
150
163
103
129
115
213
128
205
358
310
649
788
660
419
344
329
844
872
998
876
1,149
1,201
933
378
488
657
1,586
849
724
1,089
1,504
830
918
872
2,583
2,5838729188301,5041,0897248491,5866574883789331,2011,1498769988728443293444196607886493103582051282131151291031631503412225021903131223842111551552492082382402131471161321351329761168140160218204223280256000
       Short-term Debt 
0
0
0
6
7
7
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
63
102
142
157
159
572
575
578
170
173
175
178
181
184
187
190
193
133
138
144
14413813319319018718418117817517317057857557215915714210263000000000000000000000000000000000000000007776000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
63
0
0
0
0
411
411
411
0
0
0
0
0
0
0
0
0
0
0
0
000000000000411411411000063000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
166
187
130
119
103
62
42
70
19
55
83
81
81
66
88
119
172
162
121
199
152
152
200
346
114
262
158
399
188
275
94
91
38
98
58
128
71
102
230
180
557
698
557
75
165
151
168
150
103
212
212
346
219
139
207
250
248
556
422
746
892
463
638
521
1,761
1,7615216384638927464225562482502071392193462122121031501681511657555769855718023010271128589838919427518839915826211434620015215219912116217211988668181835519704262103119130187166000
       Other Current Liabilities 
0
0
0
84
87
87
79
115
98
98
98
42
42
49
54
50
50
59
94
69
76
87
50
3
3
10
38
8
50
33
103
33
66
56
72
65
31
57
85
57
103
128
130
92
91
103
343
180
71
516
516
630
445
290
185
13
69
108
232
1,160
112
118
156
422
174
97
163
638
638163971744221561181121,16023210869131852904456305165167118034310391921301281035785573165725666331033350838103350877669945950505449424298989811579878784000
   > Long-term Liabilities 
0
0
0
9
7
6
5
0
105
0
105
42
42
61
73
63
60
79
116
96
99
116
87
0
59
95
136
0
117
87
173
44
93
72
84
70
45
0
93
63
128
30
12
184
101
159
396
193
980
1,148
971
920
829
764
712
658
604
550
494
438
382
324
266
206
146
2,858
2,811
2,767
2,7672,8112,8581462062663243824384945506046587127648299209711,1489801933961591011841230128639304570847293441738711701369559087116999611679606373614242105010505679000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30
12
184
101
0
0
0
158
365
227
216
166
143
132
122
111
101
91
80
70
59
49
38
0
17
0
0
00170384959708091101111122132143166216227365158000101184123000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59
49
0
28
0
0
0
00028049590000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
575
644
554
280
653
445
304
207
1,011
764
747
430
727
1,356
939
700
900
683
4,228
3,563
3,661
3,661
4,072
3,246
3,123
2,625
3,938
4,889
4,058
3,184
4,173
3,323
5,007
4,110
3,232
3,347
3,060
3,185
3,113
3,883
5,017
4,736
4,575
4,819
4,907
4,812
4,824
4,760
4,908
4,697
4,647
4,511
5,775
9,515
16,957
14,979
25,204
26,819
27,959
28,794
27,553
29,833
36,776
35,420
36,434
36,43435,42036,77629,83327,55328,79427,95926,81925,20414,97916,9579,5155,7754,5114,6474,6974,9084,7604,8244,8124,9074,8194,5754,7365,0173,8833,1133,1853,0603,3473,2324,1105,0073,3234,1733,1844,0584,8893,9382,6253,1233,2464,0723,6613,6613,5634,2286839007009391,3567274307477641,011207304445653280554644575000
   Common Stock
0
0
0
28
30
32
32
34
35
35
36
41
41
41
42
43
44
44
44
45
45
50
50
50
50
52
52
53
53
56
58
58
58
61
61
65
66
66
67
68
70
71
72
74
75
76
78
79
82
83
85
87
90
92
94
98
102
107
108
111
111
112
112
113
114
116
117
118
1181171161141131121121111111081071029894929087858382797876757472717068676666656161585858565353525250505050454544444443424141413635353432323028000
   Retained Earnings Total Equity00-117,767-112,309-106,833-101,765-96,961-93,159-89,603-81,494-77,246-72,707-70,972-69,365-67,747-66,083-64,256-62,773-61,164-59,548-57,529-56,265-54,767-53,269-51,756-50,167-48,887-47,220-46,007-44,901-43,936-42,897-41,59900-37,819-36,754-35,518-34,343-33,33200000000-23,099-22,373000000000000000000
   Accumulated Other Comprehensive Income -432-497-519-580-133-20800000-2,53900-2,018-1,842-1,664-1,485-1,304-1,165-1,046-923-800-7000000-680-640-590-580-540-490-450-410-380-340-310-270-240-210-180-1300-130-120-100-100-90-80-80-70-60-50-40-30-30-13,298-272-213-412-621-816-26000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23,028
23,954
0
0
0
0
0
0
0
0
35,904
38,225
40,349
40,753
40,945
0
0
46,541
46,941
47,102
48,182
48,998
50,335
51,929
53,979
56,699
57,931
59,266
61,006
62,357
64,279
65,904
67,448
69,076
70,691
72,302
73,782
76,649
82,120
94,096
96,364
114,697
120,119
125,040
130,654
134,407
142,608
154,946
0
0
00154,946142,608134,407130,654125,040120,119114,69796,36494,09682,12076,64973,78272,30270,69169,07667,44865,90464,27962,35761,00659,26657,93156,69953,97951,92950,33548,99848,18247,10246,94146,5410040,94540,75340,34938,22535,9040000000023,95423,028000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
5,629
7,566
8,456
8,657
10,450
12,785
13,765
14,128
16,393
16,774
17,435
19,018
20,122
21,784
22,293
23,118
24,054
24,613
30,073
30,388
0
32,173
34,703
34,905
35,654
36,174
38,535
40,689
41,133
41,355
43,433
44,554
47,081
47,521
47,692
48,822
49,678
50,335
51,929
53,979
56,699
58,631
60,066
61,929
63,403
65,443
67,209
68,932
70,740
72,533
74,321
73,782
76,649
84,659
94,096
96,364
114,697
119,867
124,809
130,446
134,274
142,028
154,427
158,235
164,619
164,619158,235154,427142,028134,274130,446124,809119,867114,69796,36494,09684,65976,64973,78274,32172,53370,74068,93267,20965,44363,40361,92960,06658,63156,69953,97951,92950,33549,67848,82247,69247,52147,08144,55443,43341,35541,13340,68938,53536,17435,65434,90534,70332,173030,38830,07324,61324,05423,11822,29321,78420,12219,01817,43516,77416,39314,12813,76512,78510,4508,6578,4567,5665,629000



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, 2023-12-31)

Gross Profit (+$)
totalRevenue41
Cost of Revenue-1,306
Gross Profit-1,266-1,266
 
Operating Income (+$)
Gross Profit-1,266
Operating Expense-19,959
Operating Income-21,225-21,225
 
Operating Expense (+$)
Research Development15,904
Selling General Administrative5,360
Selling And Marketing Expenses1,304
Operating Expense19,95922,567
 
Net Interest Income (+$)
Interest Income438
Interest Expense-0
Other Finance Cost-0
Net Interest Income438
 
Pretax Income (+$)
Operating Income-21,225
Net Interest Income438
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-21,038-21,412
EBIT - interestExpense = -21,225
-21,038
-21,038
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-21,225-21,038
Earnings Before Interest and Taxes (EBITDA)-19,921
 
After tax Income (+$)
Income Before Tax-21,038
Tax Provision-0
Net Income From Continuing Ops-21,167-21,038
Net Income-21,038
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses21,266
Total Other Income/Expenses Net187-438
 

Technical Analysis of Lightwave Logic Inc
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 Lightwave Logic Inc. The general trend of Lightwave Logic Inc is BEARISH with 14.3% 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 Lightwave Logic Inc'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 (-14.3%) Bearish trend (14.3%)
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 Lightwave Logic Inc.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 5.295 < 5.69 < 6.21.

The bearish price targets are: 4.45 > 3.95 > 3.95.

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Lightwave Logic 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 Lightwave Logic Inc. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +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 lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +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

Lightwave Logic 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 Lightwave Logic Inc. The current macd is 0.01366624.

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 Lightwave Logic Inc price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Lightwave Logic Inc. 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 Lightwave Logic Inc 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
Lightwave Logic Inc Daily Moving Average Convergence/Divergence (MACD) ChartLightwave Logic 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 Lightwave Logic Inc. The current adx is 9.99751138.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Lightwave Logic Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Lightwave Logic 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 Lightwave Logic Inc. The current sar is 3.98175632.

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
Lightwave Logic 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 Lightwave Logic Inc. The current rsi is 61.68. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Lightwave Logic Inc Daily Relative Strength Index (RSI) ChartLightwave Logic 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 Lightwave Logic Inc. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D 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 Lightwave Logic Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Lightwave Logic Inc Daily Stochastic Oscillator ChartLightwave Logic 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 Lightwave Logic Inc. The current cci is 256.81.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Lightwave Logic Inc Daily Commodity Channel Index (CCI) ChartLightwave Logic 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 Lightwave Logic Inc. The current cmo is 36.40.

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
Lightwave Logic Inc Daily Chande Momentum Oscillator (CMO) ChartLightwave Logic 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 Lightwave Logic Inc. The current willr is -2.66666667.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Lightwave Logic Inc Daily Williams %R ChartLightwave Logic 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 Lightwave Logic Inc.

Lightwave Logic 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 Lightwave Logic Inc. The current atr is 0.22371907.

Lightwave Logic Inc Daily Average True Range (ATR) ChartLightwave Logic 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 Lightwave Logic Inc. The current obv is -46,131,098.

Lightwave Logic Inc Daily On-Balance Volume (OBV) ChartLightwave Logic 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 Lightwave Logic Inc. The current mfi is 56.87.

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
Lightwave Logic Inc Daily Money Flow Index (MFI) ChartLightwave Logic Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Lightwave Logic 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
2023-11-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-21CCI 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.
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH 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
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-22DMI 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.
2024-01-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14DMI 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
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25DMI 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Lightwave Logic Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.684
Ma 20Greater thanMa 504.206
Ma 50Greater thanMa 1004.364
Ma 100Greater thanMa 2004.513
OpenGreater thanClose4.500
Total1/5 (20.0%)
Penke

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