CHENIERE ENERGY INC (LNG) Technical Analysis
NYSE:LNG • US16411R2085
Current stock price
LNG Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to LNG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LNG is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- LNG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LNG is performing more or less in line with the market.
- In the last month LNG has a been trading in the 216.43 - 299.49 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- LNG has an average volume of 2653050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that LNG is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- LNG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 63% of 208 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LNG Weekly and Daily overview Charts
LNG Setup Rating and Analysis
Although LNG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LNG Support and Resistance Analysis
192.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 245.75 to 252.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 233.07 to 236.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @194.32 from a trend line in the weekly time frame.
LNG Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for LNG is up. |
| ChartMill Relative Strength | 90.53 | POSITIVE | LNG has a high relative strength, it outperformed 90.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNG is above the rising 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) | 80.4 | OVERBOUGHT | The high RSI value suggests LNG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.38 | POSITIVE | The MACD value suggests LNG has a positive trend. |
| Stochastics (14,3) | 78.36 | NEUTRAL | The Stochastics value for LNG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for LNG suggests some volalility. |
| Average Directional Index/ADX (14) | 55.33 | POSITIVE | The high ADX value value for LNG suggests a strong trend. |
LNG Chart- and CandleStick Pattern Analysis
LNG Technicals: Chart, Performance Metrics, Trend & Indicators
280.89
-0.98 (-0.35%)
CHENIERE ENERGY INC / LNG TA FAQ
Can you provide the ChartMill technical rating for CHENIERE ENERGY INC?
ChartMill assigns a technical rating of 9 / 10 to LNG.
What is the current trend direction of CHENIERE ENERGY INC (LNG) stock?
The current trend direction for CHENIERE ENERGY INC (LNG) is Bullish.
Can you provide the RSI signal for CHENIERE ENERGY INC?
CHENIERE ENERGY INC (LNG) has an RSI value of 80.4031. This indicates that the stock is currently overbought.
What is the short term momentum for CHENIERE ENERGY INC (LNG) stock?
The short term momentum for CHENIERE ENERGY INC (LNG) is positive.
What is the buy/sell signal for CHENIERE ENERGY INC (LNG) stock?
The buy/sell signal for CHENIERE ENERGY INC (LNG) is buy as both the short term and long term trends are positive.