LIBERTY ENERGY INC (LBRT) Stock Technical Analysis
USA - NYSE:LBRT - US53115L1044 - Common Stock
Overall LBRT gets a technical rating of 9 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, LBRT is showing a nice and steady performance.
Although LBRT has an excellent technical rating, it does not present a decent entry opportunity 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.
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9.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.78 to 12.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.00 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @18.38 from a horizontal line in the weekly time frame.
- Resistance @20.01 from a trend line in the weekly time frame.
- Resistance @22.97 from a horizontal line in the weekly time frame.
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 LBRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LBRT is up. |
| ChartMill Relative Strength | 89.12 | POSITIVE | LBRT has a high relative strength, it outperformed 89.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LBRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LBRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LBRT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.87 | OVERBOUGHT | The high RSI value suggests LBRT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests LBRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.63 | OVERBOUGHT | The high Stochastics value suggests LBRT may be overbought. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for LBRT suggests high volalility. |
| Average Directional Index/ADX (14) | 37.69 | POSITIVE | The high ADX value value for LBRT suggests a strong trend. |
18.37
+0.26 (+1.44%)
LIBERTY ENERGY INC / LBRT FAQ
What is the ChartMill technical rating of LIBERTY ENERGY INC (LBRT) stock?
ChartMill assigns a technical rating of 9 / 10 to LBRT.
What is the current trend direction of LIBERTY ENERGY INC (LBRT) stock?
The current trend direction for LIBERTY ENERGY INC (LBRT) is Bullish.
Can you provide the RSI signal for LIBERTY ENERGY INC?
LIBERTY ENERGY INC (LBRT) has an RSI value of 73.8652. This indicates that the stock is currently overbought.
What is the MACD signal for LIBERTY ENERGY INC (LBRT) stock?
The MACD indicator for LIBERTY ENERGY INC (LBRT) has a value of 0.326817, indicating a bearish trend.
Can you provide the short term momentum for LIBERTY ENERGY INC?
The short term momentum for LIBERTY ENERGY INC (LBRT) is positive.