LIBERTY ENERGY INC (LBRT) Stock Technical Analysis
NYSE:LBRT - New York Stock Exchange, Inc. - US53115L1044 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to LBRT. LBRT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, LBRT is a bad performer in the overall market: 93% of all stocks are doing better.
LBRT is one of the lesser performing stocks in the Energy Equipment & Services industry. 75% of 63 stocks in the same industry do better.
LBRT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LBRT is lagging the market.
LBRT has an average volume of 3431840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month LBRT has a been trading in the 10.94 - 13.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, LBRT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
11.44
23.20
When analyzing the support we notice one important area.
- Support @11.56 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @12.27 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 12.50 to 12.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.15 to 13.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.44 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 | DOWN | NEGATIVE | The long term trend for LBRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LBRT is down. |
| ChartMill Relative Strength | 7.05 | NEGATIVE | LBRT has a low relative strength, it was outperformed by 92.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LBRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LBRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LBRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.06 | NEUTRAL | The RSI value for LBRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LBRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.76 | NEUTRAL | The Stochastics value for LBRT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for LBRT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.05 | NEGATIVE | The low ADX value for LBRT suggests a weak or negative 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)
11.59
-0.45 (-3.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.74%
1 Week-0.17%
2 Weeks-5.08%
1 Month-2.52%
3 Month-32.89%
6 Month-37.01%
12 Month-53.06%
2 Year-1.28%
3 Year-28.76%
5 Year125.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%4.54%
ATR Inc-24.01%
Range Today0.41
ADR(20)0.44
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.05
Mansfield-3.75
10 Day High12.28
10 Day Low10.94
20 Day High13.35
20 Day Low10.94
52 Week High24.75
52 Week Low9.5
CS1 End11.56
CR1 Start12.27
Volume & EV
DER(3)-0.86%
DER(5)0.23%
Volume2.94M
Volume Incr26.53%
Vol(5)3.17M
Vol(50)3.43M