CHENIERE ENERGY INC (LNG) Stock Technical Analysis
NYSE:LNG - New York Stock Exchange, Inc. - US16411R2085 - Common Stock - Currency: USD
Overall LNG gets a technical rating of 4 out of 10. In the last year, LNG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Looking at the yearly performance, LNG did better than 73% of all other stocks.
LNG is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 82% of 209 stocks in the same industry.
In the last month LNG has a been trading in the 221.00 - 243.32 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
LNG has an average volume of 1944880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
LNG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LNG is lagging the market.
LNG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 229.30, a Stop Loss order could be placed below this zone.
More info and screens
195.27
246.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 228.51 to 229.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @216.95 from a trend line in the weekly time frame.
- Support @209.80 from a trend line in the weekly time frame.
- A support zone ranging from 197.24 to 197.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 230.59 to 244.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 LNG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LNG is down. |
| ChartMill Relative Strength | 73.31 | POSITIVE | LNG has a high relative strength, it outperformed 73.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LNG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LNG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LNG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.52 | NEUTRAL | The RSI value for LNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests LNG has a negative trend. |
| Stochastics (14,3) | 24.24 | NEUTRAL | The Stochastics value for LNG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for LNG suggests some volalility. |
| Average Directional Index/ADX (14) | 10.14 | NEGATIVE | The low ADX value for LNG suggests a weak or negative trend. |
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)
229.94
-0.2 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.09%
1 Week-0.05%
2 Weeks-4.99%
1 Month1.55%
3 Month0.36%
6 Month3.97%
12 Month24.99%
2 Year40.89%
3 Year43.55%
5 Year341.77%
10 Year269.98%
15 Year9401.65%
Volatility
ATR(14)5.65
ATR(20)%2.5%
ATR Inc-36.47%
Range Today3.72
ADR(20)5.58
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.31
Mansfield-0.39
10 Day High242.23
10 Day Low226.93
20 Day High243.32
20 Day Low221
52 Week High257.65
52 Week Low175.14
CS1 End229.3
CR1 Start230.59
Volume & EV
DER(3)-4.21%
DER(5)-2.89%
Volume1.36M
Volume Incr-38.27%
Vol(5)1.40M
Vol(50)1.94M