Roundhill Alerian Lng ETF (LNGG) Technical Analysis
NYSEARCA:LNGG • US53656G4230
Current stock price
LNGG Technical Rating and Analysis
Overall LNGG gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LNGG is only an average performer.
- Warning: LNGG has an average volume of 1787 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by LNGG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month LNGG has a been trading in the 24.13 - 28.21 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, LNGG turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
LNGG Weekly and Daily overview Charts
LNGG Setup Rating and Analysis
Although LNGG 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
LNGG Support and Resistance Analysis
23.49
When analyzing the support we can see 4 important areas.
- Support @26.70 from a horizontal line in the daily time frame.
- A support zone ranging from 25.19 to 26.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @24.48 from a horizontal line in the daily time frame.
- A support zone ranging from 23.73 to 24.04. 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 26.89 to 26.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
LNGG 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 LNGG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LNGG is up. |
| ChartMill Relative Strength | 51.81 | NEUTRAL | LNGG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNGG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNGG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LNGG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.78 | NEUTRAL | The RSI value for LNGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests LNGG has a positive trend. |
| Stochastics (14,3) | 57.54 | NEUTRAL | The Stochastics value for LNGG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for LNGG suggests low volalility. |
| Average Directional Index/ADX (14) | 37.43 | POSITIVE | The high ADX value value for LNGG suggests a strong trend. |
LNGG Chart- and CandleStick Pattern Analysis
LNGG Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:LNGG (11/27/2024, 8:51:19 PM)
26.8815
+0.87 (+3.35%)
Roundhill Alerian Lng ETF / LNGG TA FAQ
Can you provide the ChartMill technical rating for Roundhill Alerian Lng ETF?
ChartMill assigns a technical rating of 8 / 10 to LNGG.
What is the current trend direction of Roundhill Alerian Lng ETF (LNGG) stock?
The current trend direction for Roundhill Alerian Lng ETF (LNGG) is Bullish.
What is the RSI signal for LNGG stock?
Roundhill Alerian Lng ETF (LNGG) has an RSI value of 67.7823. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Roundhill Alerian Lng ETF?
The buy/sell signal for Roundhill Alerian Lng ETF (LNGG) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Roundhill Alerian Lng ETF?
Roundhill Alerian Lng ETF (LNGG) has a support level at 26.7 and a resistance level at 26.89. Check the full technical report for our detailed analysis of LNGG support and resistance levels.