Taking everything into account, LPCN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LPCN is showing a nice and steady performance.
Although LPCN has an excellent technical rating, it does not present a decent entry opportunity 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
2.80
2 important support areas can be observed.
- Support @3.12 from a horizontal line in the daily time frame.
- Support @2.83 from a horizontal line in the daily time frame.
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 | 97.72 | POSITIVE | LPCN has a high relative strength, it outperformed 97.72% 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) | 94.31 | OVERBOUGHT | The high RSI value suggests LPCN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests LPCN has a positive trend. |
| Stochastics (14,3) | 94.78 | OVERBOUGHT | The high Stochastics value suggests LPCN may be overbought. |
| Average True Range in percent/ATR (20) | 6.32 | HIGH VOLATILITY | The high ATR as a percentage value for LPCN suggests high volalility. |
| Average Directional Index/ADX (14) | 55.11 | POSITIVE | The high ADX value value for LPCN suggests a strong trend. |
8
-0.03 (-0.37%)
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 94.3053. 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.