DORIAN LPG LTD (LPG) Stock Technical Analysis
USA - NYSE:LPG - MHY2106R1100 - Common Stock
28.8 USD
-0.23 (-0.79%)
28.8 USD
0 (0%)
Overall LPG gets a technical rating of 2 out of 10. LPG was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, LPG is a bad performer in the overall market: 76% of all stocks are doing better.
In the last month LPG has a been trading in the 28.45 - 32.79 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
LPG is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, LPG did better than 51% of them.
LPG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LPG is lagging the market.
The technical rating of LPG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.50
33.03
When analyzing the support we notice one important area.
- A support zone ranging from 28.79 to 28.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 32.09 to 32.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.70 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 LPG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LPG is down. |
| ChartMill Relative Strength | 24.81 | NEGATIVE | LPG has a low relative strength, it was outperformed by 75.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LPG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LPG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LPG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.76 | NEUTRAL | The RSI value for LPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests LPG has a negative trend. |
| Stochastics (14,3) | 8.44 | OVERSOLD | The low Stochastics value suggests LPG may be oversold. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for LPG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.37 | NEUTRAL | The ADX value for LPG suggests a possible start of a new 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)
28.8
-0.23 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.79%
1 Week-8.48%
2 Weeks-10.81%
1 Month-6.31%
3 Month10.94%
6 Month66.09%
12 Month-19.58%
2 Year-9.92%
3 Year59.38%
5 Year251.22%
10 Year144.48%
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.71%
ATR Inc-6.77%
Range Today0.63
ADR(20)0.73
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.81
Mansfield0.08
10 Day High32.62
10 Day Low28.45
20 Day High32.79
20 Day Low28.45
52 Week High35.94
52 Week Low16.66
CS1 End28.79
CR1 Start32.09
Volume & EV
DER(3)1.27%
DER(5)1.97%
Volume570.30K
Volume Incr2.28%
Vol(5)573.46K
Vol(50)574.85K