NASDAQ:LOPE - Nasdaq - US38526M1062 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to LOPE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LOPE is showing a nice and steady performance.
Besides having an excellent technical rating, LOPE 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 a resistance zone just above the current price starting at 195.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 193.40, a Stop Loss order could be placed below this zone.
138.02
6 important support areas can be observed.
We found 1 important resistance area.
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 LOPE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOPE is up. |
ChartMill Relative Strength | 89.59 | POSITIVE | LOPE has a high relative strength, it outperformed 89.59% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOPE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LOPE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LOPE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 62.28 | NEUTRAL | The RSI value for LOPE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests LOPE has a negative trend. |
Stochastics (14,3) | 54.2 | NEUTRAL | The Stochastics value for LOPE is a neutral value. |
Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for LOPE suggests some volalility. |
Average Directional Index/ADX (14) | 39.23 | POSITIVE | The high ADX value value for LOPE suggests a strong trend. |
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 |
---|---|---|---|
198.00 | 192.34 | 5.66 (2.86%) | 25.00% |
An entry @198.00. This is a Buy Stop order right above the resistance zone. | An exit @192.34. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.66 points, which is 2.86%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
195.57
-1.27 (-0.65%)