CHENIERE ENERGY INC (LNG) Stock Technical Analysis
NYSE:LNG - New York Stock Exchange, Inc. - US16411R2085 - Common Stock - Currency: USD
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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that LNG is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by LNG over the past year are nicely spread over this period.
LNG is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. LNG outperforms 86% of them.
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 225.03 - 246.42 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 1963650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, LNG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 234.51, a Stop Loss order could be placed below this zone.
More info and screens
203.68
237.30
2 important support areas can be observed.
- A support zone ranging from 228.50 to 234.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 205.74 to 208.09. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for LNG is neutral. |
| ChartMill Relative Strength | 87.34 | POSITIVE | LNG has a high relative strength, it outperformed 87.34% 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) | 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) | 50.21 | NEUTRAL | The RSI value for LNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests LNG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.57 | NEUTRAL | The Stochastics value for LNG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for LNG suggests some volalility. |
| Average Directional Index/ADX (14) | 10.47 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 235.01 | 228.49 | 6.52 (2.77%) | 25.00% |
| An entry @235.01. This is a Buy Stop order right above the 10 day moving average. | An exit @228.49. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.52 points, which is 2.77%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LNG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
234.95
-0.11 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.05%
1 Week-0.04%
2 Weeks-3.67%
1 Month2.46%
3 Month3.58%
6 Month12.48%
12 Month42.46%
2 Year54.21%
3 Year76.61%
5 Year386.24%
10 Year239.23%
15 Year8231.56%
Volatility
ATR(14)6.34
ATR(20)%2.45%
ATR Inc-36.14%
Range Today2.9
ADR(20)5.47
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.34
Mansfield0.86
10 Day High245.95
10 Day Low227.77
20 Day High246.42
20 Day Low225.03
52 Week High257.65
52 Week Low165.25
CS1 End234.51
CR1 StartN/A
Volume & EV
DER(3)-0.01%
DER(5)0.06%
Volume2.35M
Volume Incr-14.93%
Vol(5)1.70M
Vol(50)1.96M