LOANDEPOT INC -CLASS A (LDI) Stock Technical Analysis
NYSE:LDI • US53946R1068
We assign a technical rating of 0 out of 10 to LDI. LDI'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, LDI is a bad performer in the overall market: 65% of all stocks are doing better.
- LDI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- LDI has an average volume of 3731550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LDI is an average performer in the Financial Services industry, it outperforms 65% of 97 stocks in the same industry.
- In the last month LDI has a been trading in the 1.86 - 2.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LDI is bad and it also does not present a quality setup 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.
More info and screens
1.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.99 to 2.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.89 to 1.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.08 to 2.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.75 from a trend line in the daily time frame.
- Resistance @2.84 from a trend line in the weekly time frame.
- Resistance @3.01 from a trend line in the daily 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 LDI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LDI is down. |
| ChartMill Relative Strength | 35.08 | NEUTRAL | LDI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LDI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LDI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LDI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.36 | NEUTRAL | The RSI value for LDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LDI has a positive trend. |
| Stochastics (14,3) | 38.89 | NEUTRAL | The Stochastics value for LDI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for LDI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for LDI suggests a weak or negative trend. |
2.07
+0.09 (+4.55%)
LOANDEPOT INC -CLASS A / LDI FAQ
Can you provide the ChartMill technical rating for LOANDEPOT INC -CLASS A?
ChartMill assigns a technical rating of 0 / 10 to LDI.
Can you provide the trend direction for LOANDEPOT INC -CLASS A?
The current trend direction for LOANDEPOT INC -CLASS A (LDI) is Bearish.
Can you provide the RSI signal for LOANDEPOT INC -CLASS A?
LOANDEPOT INC -CLASS A (LDI) has an RSI value of 45.357. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LOANDEPOT INC -CLASS A?
The buy/sell signal for LOANDEPOT INC -CLASS A (LDI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for LOANDEPOT INC -CLASS A?
LOANDEPOT INC -CLASS A (LDI) has a support level at 2.01 and a resistance level at 2.08. Check the full technical report for our detailed analysis of LDI support and resistance levels.