LUCAS ENERGY INC (LEI) Stock Technical Analysis
NYSEARCA:LEI - NYSE Arca - US5493333000
We assign a technical rating of 0 out of 10 to LEI. LEI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than LEI.
LEI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LEI is lagging the market.
In the last month LEI has a been trading in the 1.21 - 1.58 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
LEI has a poor technical rating and the quality of the setup is also only medium 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
1.22
2.49
We found 1 important support area.
- A support zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.28 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.37 from a trend line in the daily time frame.
- Resistance @1.44 from a horizontal line in the weekly time frame.
- Resistance @2.12 from a trend line in the weekly time frame.
- Resistance @2.47 from a trend line 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 | DOWN | NEGATIVE | The long term trend for LEI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEI is down. |
| ChartMill Relative Strength | 4.12 | NEGATIVE | LEI has a low relative strength, it was outperformed by 95.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LEI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.11 | NEUTRAL | The RSI value for LEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LEI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.52 | OVERSOLD | The low Stochastics value suggests LEI may be oversold. |
| Average True Range in percent/ATR (20) | 8.82 | HIGH VOLATILITY | The high ATR as a percentage value for LEI suggests high volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.27
-0.03 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.31%
1 Week-2.31%
2 Weeks-4.51%
1 Month-7.97%
3 Month-45.73%
6 Month-64.62%
12 Month-71.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.82%
ATR Inc41.96%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.12
Mansfield-6.23
10 Day High1.48
10 Day Low1.22
20 Day High1.58
20 Day Low1.21
52 Week High7.98
52 Week Low0.84
CS1 End1.23
CR1 Start1.28
Volume & EV
DER(3)-8.82%
DER(5)-9.7%
Volume757.80K
Volume Incr-52.35%
Vol(5)633.44K
Vol(50)976.72K