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 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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!
Looking at the yearly performance, LNG did better than 90% of all other stocks. On top of that, LNG also shows a nice and consistent pattern of rising prices.
LNG is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. LNG outperforms 90% 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 - 244.05 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 1999240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LNG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 233.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
201.29
235.96
When analyzing the support we can see 2 important areas.
- A support zone ranging from 228.09 to 233.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 203.32 to 205.13. 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 | 90.42 | POSITIVE | LNG has a high relative strength, it outperformed 90.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LNG is above a declining 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) | 53.74 | NEUTRAL | The RSI value for LNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests LNG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.84 | NEUTRAL | The Stochastics value for LNG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for LNG suggests some volalility. |
| Average Directional Index/ADX (14) | 10.99 | 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 |
|---|---|---|---|
| 236.61 | 228.08 | 8.53 (3.61%) | 25.00% |
| An entry @236.61. This is a Buy Stop order right above the 10 day high. | An exit @228.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.53 points, which is 3.61%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
233.62
+1.96 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.85%
1 Week0.29%
2 Weeks0.39%
1 Month-1.77%
3 Month2.21%
6 Month4.29%
12 Month48.06%
2 Year67.15%
3 Year70.81%
5 Year426.76%
10 Year208.08%
15 Year8155.12%
Volatility
ATR(14)4.93
ATR(20)%2.31%
ATR Inc-29.18%
Range Today2.62
ADR(20)5.03
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.42
Mansfield1.11
10 Day High236.6
10 Day Low225.03
20 Day High244.05
20 Day Low225.03
52 Week High257.65
52 Week Low154.82
CS1 End233.31
CR1 StartN/A
Volume & EV
DER(3)0.32%
DER(5)0.25%
Volume1.45M
Volume Incr-11.6%
Vol(5)1.50M
Vol(50)2.00M