Longboard Pharmaceuticals Inc (LBPH) Technical Analysis
NASDAQ:LBPH • US54300N1037
Current stock price
LBPH Technical Rating and Analysis
Overall LBPH gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LBPH is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that LBPH is one of the better performing stocks in the market, outperforming 99% of all stocks.
- LBPH is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 97% of 193 stocks in the same industry.
- A new 52 week high is currently being made by LBPH, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so LBPH is leading the market.
- LBPH has an average volume of 2033520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LBPH has a been trading in a tight range between 58.82 and 60.03.
- Considerably lower volume is observed in the last couple of days.
LBPH Weekly and Daily overview Charts
LBPH Setup Rating and Analysis
LBPH has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
LBPH Support and Resistance Analysis
29.80
We found 4 important support areas.
- A support zone ranging from 59.49 to 59.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.13 from a trend line in the weekly time frame.
- Support @35.14 from a trend line in the daily time frame.
- Support @30.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.99 to 59.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
LBPH Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LBPH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LBPH is up. |
| ChartMill Relative Strength | 99.74 | POSITIVE | LBPH has a high relative strength, it outperformed 99.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LBPH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LBPH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LBPH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.7 | OVERBOUGHT | The high RSI value suggests LBPH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests LBPH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 95.7 | OVERBOUGHT | The high Stochastics value suggests LBPH may be overbought. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for LBPH suggests low volalility. |
| Average Directional Index/ADX (14) | 55.43 | POSITIVE | The high ADX value value for LBPH suggests a strong trend. |
LBPH Chart- and CandleStick Pattern Analysis
LBPH Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 60.00 | 59.46 | 0.54 (0.90%) | 25.00% |
| An entry @60.00. This is a Buy Stop order right above the resistance zone. | An exit @59.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.54 points, which is 0.90%. | For a 0.22% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LBPH Technicals: Chart, Performance Metrics, Trend & Indicators
59.98
+0.02 (+0.03%)
Longboard Pharmaceuticals Inc / LBPH TA FAQ
What is the technical rating for LBPH stock?
ChartMill assigns a technical rating of 10 / 10 to LBPH.
What is the trend direction for LBPH stock?
The current trend direction for Longboard Pharmaceuticals Inc (LBPH) is Bullish.
What is the RSI signal for Longboard Pharmaceuticals Inc (LBPH) stock?
Longboard Pharmaceuticals Inc (LBPH) has an RSI value of 79.7038. This indicates that the stock is currently overbought.
Can you provide the MACD signal for Longboard Pharmaceuticals Inc?
The MACD indicator for Longboard Pharmaceuticals Inc (LBPH) has a value of -0.656242, indicating a bearish trend.
What is the short term momentum for LBPH stock?
The short term momentum for Longboard Pharmaceuticals Inc (LBPH) is positive.