Longboard Pharmaceuticals Inc (LBPH) Stock Technical Analysis
NASDAQ:LBPH - Nasdaq - US54300N1037 - Common Stock - Currency: USD
Taking everything into account, LBPH scores 10 out of 10 in our technical rating. 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 99% of 195 stocks in the same industry.
LBPH is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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.
Although LBPH has an excellent technical rating, the quality of the presented setup is not ideal 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
29.80
60.59
4 important support areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.22%. |
- 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.
59.98
+0.02 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.03%
1 Week0.35%
2 Weeks0.4%
1 Month0.44%
3 Month66.24%
6 Month217.86%
12 Month1399.5%
2 Year1016.95%
3 Year972.03%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.3%
ATR Inc-55.85%
Range Today0.05
ADR(20)0.18
ADR(20)%0.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.74
Mansfield8.73
10 Day High60.03
10 Day Low59.47
20 Day High60.03
20 Day Low58.82
52 Week High60.03
52 Week Low3.82
CS1 End59.84
CR1 Start59.99
Volume & EV
DER(3)-2.4%
DER(5)1%
Volume655.70K
Volume Incr-0.98%
Vol(5)861.64K
Vol(50)2.03M