LIBERTY ENERGY INC (LBRT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LBRT - US53115L1044 - Common Stock
Overall LBRT gets a technical rating of 8 out of 10. 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.
Besides having an excellent technical rating, LBRT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.71, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.90
3 important support areas can be observed.
- A support zone ranging from 18.54 to 18.71. 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 17.10 to 17.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.45 to 19.50. This zone is formed by a combination of multiple trend lines 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 | 82.79 | POSITIVE | LBRT has a high relative strength, it outperformed 82.79% 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) | UP | POSITIVE | The current price of LBRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.37 | NEUTRAL | The RSI value for LBRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LBRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.87 | NEUTRAL | The Stochastics value for LBRT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for LBRT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for LBRT suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 19.51 | 18.53 | 0.98 (5.02%) | 19.91% |
| An entry @19.51. This is a Buy Stop order right above the resistance zone. | An exit @18.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.98 points, which is 5.02%. | For a 1.00% total portfolio risk, you can invest 19.91% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LBRT. Please evaluate whether better entry and exit points can be found.
- 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.
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+0.16 (+0.85%)
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 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 57.3681. 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 -0.0266974, indicating a bearish trend.
What is the short term momentum for LBRT stock?
The short term momentum for LIBERTY ENERGY INC (LBRT) is positive.