LIBERTY ENERGY INC (LBRT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LBRT - US53115L1044 - Common Stock
We assign a technical rating of 8 out of 10 to LBRT. 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.
Besides having an excellent technical rating, LBRT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
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9.90
5 important support areas can be observed.
- Support @17.67 from a trend line in the weekly time frame.
- A support zone ranging from 16.57 to 17.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 14.95 to 15.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.96 from a trend line in the daily time frame.
- Support @10.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @18.11 from a horizontal line in the weekly time frame.
- Resistance @19.82 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 | 88.5 | POSITIVE | LBRT has a high relative strength, it outperformed 88.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LBRT is above a declining 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) | 61.26 | NEUTRAL | The RSI value for LBRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LBRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.6 | OVERBOUGHT | The high Stochastics value suggests LBRT may be overbought. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for LBRT suggests high volalility. |
| Average Directional Index/ADX (14) | 23.85 | NEUTRAL | The ADX value for LBRT suggests a possible start of a new trend. |
17.73
+0.08 (+0.45%)
LIBERTY ENERGY INC / LBRT FAQ
What is the ChartMill technical rating of LIBERTY ENERGY INC (LBRT) stock?
ChartMill assigns a technical rating of 8 / 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 61.259. This indicates that the stock is currently neutral.
What is the MACD signal for LIBERTY ENERGY INC (LBRT) stock?
The MACD indicator for LIBERTY ENERGY INC (LBRT) has a value of -0.050629, 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.