We assign a technical rating of 9 out of 10 to LPCN. Both in the recent history as in the last year, LPCN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although LPCN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.80
When analyzing the support we can see 2 important areas.
- Support @3.12 from a horizontal line in the daily time frame.
- Support @2.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.02 to 8.04. 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 LPCN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LPCN is up. |
| ChartMill Relative Strength | 97.55 | POSITIVE | LPCN has a high relative strength, it outperformed 97.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LPCN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LPCN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LPCN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 83.1 | OVERBOUGHT | The high RSI value suggests LPCN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests LPCN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.37 | OVERBOUGHT | The high Stochastics value suggests LPCN may be overbought. |
| Average True Range in percent/ATR (20) | 8.11 | HIGH VOLATILITY | The high ATR as a percentage value for LPCN suggests high volalility. |
| Average Directional Index/ADX (14) | 56.56 | POSITIVE | The high ADX value value for LPCN suggests a strong trend. |
8.01
+0.48 (+6.37%)
LIPOCINE INC / LPCN FAQ
What is the ChartMill technical rating of LIPOCINE INC (LPCN) stock?
ChartMill assigns a technical rating of 9 / 10 to LPCN.
What is the current trend direction of LIPOCINE INC (LPCN) stock?
The current trend direction for LIPOCINE INC (LPCN) is Bullish.
What is the RSI signal for LPCN stock?
LIPOCINE INC (LPCN) has an RSI value of 83.0953. This indicates that the stock is currently overbought.
Can you provide the short term momentum for LIPOCINE INC?
The short term momentum for LIPOCINE INC (LPCN) is positive.
What is the buy/sell signal for LPCN stock?
The buy/sell signal for LIPOCINE INC (LPCN) is buy as both the short term and long term trends are positive.