WT PETROLEUM 2X DLY LVRGD (LPET.MI) Stock Technical Analysis
BIT:LPET - JE00BDD9Q733 - ETF
31.625 EUR
+0.03 (+0.09%)
Overall LPET gets a technical rating of 2 out of 10. Although LPET is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
Warning: LPET has an average volume of 381 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that LPET is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
LPET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LPET is lagging the market.
In the last month LPET has a been trading in the 25.60 - 40.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of LPET is bad and it also does not present a quality setup 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
26.56
45.18
We found 3 important support areas.
- A support zone ranging from 29.30 to 29.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.99 to 28.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.83 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 33.77 to 33.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.34 to 35.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @44.73 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 | DOWN | NEGATIVE | The long term trend for LPET.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LPET.MI is down. |
| ChartMill Relative Strength | 98.72 | POSITIVE | LPET.MI has a high relative strength, it outperformed 98.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LPET.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LPET.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LPET.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.34 | NEUTRAL | The RSI value for LPET.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests LPET.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.49 | NEUTRAL | The Stochastics value for LPET.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.71 | HIGH VOLATILITY | The high ATR as a percentage value for LPET.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 9.02 | NEGATIVE | The low ADX value for LPET.MI 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)
BIT:LPET (9/4/2025, 7:00:00 PM)
31.625
+0.03 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week1.67%
2 Weeks-13.13%
1 Month-3.88%
3 Month-16.78%
6 Month-35.79%
12 Month250.77%
2 Year-24.1%
3 Year-21.8%
5 Year14.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.3
ATR(20)%10.71%
ATR Inc-87.54%
Range Today0.31
ADR(20)1.03
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.72
Mansfield-2.83
10 Day High40.16
10 Day Low29.1
20 Day High40.16
20 Day Low25.6
52 Week High72.54
52 Week Low9.18
CS1 End29.3
CR1 Start33.77
Volume & EV
DER(3)0%
DER(5)0%
Volume395
Volume Incr-79.78%
Vol(5)137
Vol(50)381.94