Home 2024 Lightwave Logic, Inc $LWLG a Buy

Lightwave Logic, Inc $LWLG a Buy

by John Heffernan

Using its P2IC technology platform, Lightwave Logic, Inc. is a development stage firm that sells electro-optic photonic devices. Polymer Stack, Polymer Plus, and Polymer Slot comprise the Company’s P2IC technology platform. Its platform for polymer technology makes use of proprietary organic polymers. For a variety of uses, electro-optical systems transform data from electric impulses into optical signals.

The company is concentrating on evaluating and showcasing the ease of manufacture and dependability of its products, even while working with the silicon photonics production environment. The company’s initial product, the Ridge Waveguide Modulator, is a kind of modulator in which the electro-optic polymer system’s layer contains the waveguide fabrication. Over the core polymer are laid electrodes and various cladding layers. Subsequently, the polymer materials constitute a component of an integrated photonics platform, which may accommodate additional photonic devices, including waveguides and lasers.

Recent News

Industry Acknowledgment and Collaborations: LWLG started to get a lot of popularity in the business in 2023. They confirmed the promise of their technique when they won the coveted “Most Innovative Product – Hybrid PIC/Optical Integration Platform Award” at the European Conference on Optical Communications. Furthermore, the business is in active talks with a wide range of possible partners, including Tier-1 multinationals, established OEMs, and creative startups. These collaborations could expedite LWLG’s commercialization timeframe and open the door to license deals.

Creating the Infrastructure: In order to accommodate their expansion, LWLG strengthened their laboratory production facilities by adding roughly 10,000 square feet to their Colorado operations. They will be better able to produce their electro-optic polymers and get ready for larger-scale manufacturing thanks to this infrastructure upgrade.

Talent Acquisition and Team Building: In 2023, LWLG carefully added important professionals to their team, realizing the value of experience. They added organic chemists, packaging engineers, photonics design engineers, and finance specialists to bolster their internal skills and guarantee they have the talent pool needed to successfully traverse the commercialization process.

Financial Stability and Financial Runway: LWLG had over $30 million in cash and cash equivalents at the end of Q3 2023, giving them a financial runway until April 2025. Their financial stability allows them to proceed with their commercialization efforts and carry out their business objectives without having to worry about having to obtain more money right now.

Electro-Optic Polymers’ Future: With its ability to provide quicker, more cost-effective, and optical connection, LWLG’s technology has the potential to completely transform data communication. Compared to conventional silicon-based systems, their electro-optic polymers have benefits including smaller size, reduced power consumption, and easier integration. Because of this, they are especially well-suited for use in high-performance computing, data centers, and next-generation telecom networks.

Financial Information

LIGHTWV LOGC ORD(Trade Price) closed up 0.010 at 4.420. Volume was 0.17% above average (neutral) and Bollinger Bands were 12.72% wider than normal.

LIGHTWV LOGC ORD(Trade Price) is currently 20.8% below its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of LWLG.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on LWLG.O and have had this outlook for the last 18 periods.

Momentum

Stochastic Oscillator
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 4.9531. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a sell 18 period(s) ago.

Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 41.08. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 62 period(s) ago.

Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -150.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a sell 4 period(s) ago.

MACD
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 2 period(s) ago.

Candlesticks

A white body occurred (because prices closed higher than they opened).

During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 19 white candles and 30 black candles for a net of 11 black candles.

A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).

Bollinger Bands

On 1/4/2024, LIGHTWV LOGC ORD(Trade Price) closed above the lower band by 5.0%.

Bollinger Bands are 18.16% narrower than normal. The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

The recent price action around the bands compared to the action of the Relative Strength Index (RSI) does not suggest any trading opportunities at this time.

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