DORIAN LPG LTD (LPG) Stock Technical Analysis
NYSE:LPG - New York Stock Exchange, Inc. - MHY2106R1100 - Common Stock - Currency: USD
Taking everything into account, LPG scores 6 out of 10 in our technical rating. LPG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
80% of all other stocks performed better in the past year than LPG.
LPG is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 75% are performing better than LPG.
LPG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LPG is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month LPG has a been trading in the 20.03 - 25.18 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LPG has an average technical rating and it also does not offer a high quality setup 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
21.10
25.30
2 important support areas can be observed.
- A support zone ranging from 22.41 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.31 to 21.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for LPG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LPG is up. |
| ChartMill Relative Strength | 20.76 | NEGATIVE | LPG has a low relative strength, it was outperformed by 79.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LPG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LPG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LPG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.49 | NEUTRAL | The RSI value for LPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests LPG has a positive trend. |
| Stochastics (14,3) | 97.83 | OVERBOUGHT | The high Stochastics value suggests LPG may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for LPG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.96 | NEGATIVE | The low ADX value for LPG 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)
25.05
+1.35 (+5.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg5.7%
1 Week11.33%
2 Weeks17%
1 Month5.65%
3 Month15.17%
6 Month4.99%
12 Month-38.38%
2 Year-2.34%
3 Year64.8%
5 Year223.64%
10 Year50.18%
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%3.57%
ATR Inc17.5%
Range Today0.96
ADR(20)0.82
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.76
Mansfield-1.59
10 Day High25.18
10 Day Low20.6
20 Day High25.18
20 Day Low20.03
52 Week High43.85
52 Week Low16.66
CS1 End22.98
CR1 StartN/A
Volume & EV
DER(3)2.82%
DER(5)1.78%
Volume1.22M
Volume Incr-8.19%
Vol(5)663.34K
Vol(50)796.21K