LOANDEPOT INC -CLASS A (LDI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LDI - US53946R1068 - Common Stock
Overall LDI gets a technical rating of 0 out of 10. 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.
LDI has a poor technical rating and the quality of the setup is also not perfect 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.
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 | 24.3 | NEGATIVE | LDI has a low relative strength, it was outperformed by 75.7% off all stocks 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 | POSITIVE | The current price of LDI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.15 | NEUTRAL | The RSI value for LDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LDI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.17 | OVERSOLD | The low Stochastics value suggests LDI may be oversold. |
| Average True Range in percent/ATR (20) | 6.35 | HIGH VOLATILITY | The high ATR as a percentage value for LDI suggests high volalility. |
| Average Directional Index/ADX (14) | 28.49 | POSITIVE | The high ADX value value for LDI suggests a strong trend. |
2.09
+0.02 (+0.97%)
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 35.1466. 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 2.08. Check the full technical report for our detailed analysis of LDI support and resistance levels.