LIBERTY ENERGY INC (LBRT) Stock Technical Analysis
NYSE:LBRT • US53115L1044
We assign a technical rating of 9 out of 10 to LBRT. Both in the recent history as in the last year, LBRT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- LBRT is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 81% of 60 stocks in the same industry.
- LBRT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LBRT is lagging the market slightly.
- LBRT has an average volume of 4213310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, LBRT did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month LBRT has a been trading in the 19.40 - 27.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although LBRT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
21.44
3 important support areas can be observed.
- A support zone ranging from 24.72 to 24.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.72 from a horizontal line in the daily time frame.
- Support @21.66 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.84 to 25.23. This zone is formed by a combination of multiple trend lines and important moving averages 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 LBRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LBRT is up. |
| ChartMill Relative Strength | 92.27 | POSITIVE | LBRT has a high relative strength, it outperformed 92.27% 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) | UP | POSITIVE | The current price of LBRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.68 | NEUTRAL | The RSI value for LBRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LBRT has a negative trend. |
| Stochastics (14,3) | 58.59 | NEUTRAL | The Stochastics value for LBRT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for LBRT suggests high volalility. |
| Average Directional Index/ADX (14) | 46.17 | POSITIVE | The high ADX value value for LBRT suggests a strong trend. |
24.77
+0.31 (+1.27%)
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 trend direction for 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 61.6767. This indicates that the stock is currently neutral.
What is the MACD signal for LBRT stock?
The MACD indicator for LIBERTY ENERGY INC (LBRT) has a value of -0.0370063, indicating a bearish trend.
What is the short term momentum for LBRT stock?
The short term momentum for LIBERTY ENERGY INC (LBRT) is positive.