LOANDEPOT INC -CLASS A (LDI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:LDI • US53946R1068
Overall LDI gets a technical rating of 1 out of 10. LDI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- 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.
- In the last month LDI has a been trading in the 2.04 - 3.24 range, which is quite wide. It is currently trading near the lows of this range.
- LDI has an average volume of 4259000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, LDI outperforms 51% of them, which is more or less in line with the market.
- LDI is part of the Financial Services industry. There are 96 other stocks in this industry, LDI did better than 65% of them.
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
2.02
When analyzing the support we can see 2 important areas.
- Support @2.08 from a horizontal line in the weekly time frame.
- Support @2.04 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @2.97 from a trend line in the daily time frame.
- Resistance @3.02 from a trend line in the weekly time frame.
- Resistance @3.11 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 | NEUTRAL | NEUTRAL | The long term trend for LDI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LDI is down. |
| ChartMill Relative Strength | 51.34 | NEUTRAL | LDI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LDI is below 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) | 40.7 | NEUTRAL | The RSI value for LDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests LDI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.23 | OVERSOLD | The low Stochastics value suggests LDI may be oversold. |
| Average True Range in percent/ATR (20) | 10.42 | HIGH VOLATILITY | The high ATR as a percentage value for LDI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.97 | NEGATIVE | The low ADX value for LDI suggests a weak or negative trend. |
2.15
+0.1 (+4.88%)
LOANDEPOT INC -CLASS A / LDI FAQ
Can you provide the ChartMill technical rating for LOANDEPOT INC -CLASS A?
ChartMill assigns a technical rating of 1 / 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 40.7006. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for LOANDEPOT INC -CLASS A?
LOANDEPOT INC -CLASS A (LDI) has a support level at 2.08 and a resistance level at 2.97. Check the full technical report for our detailed analysis of LDI support and resistance levels.