DORIAN LPG LTD (LPG) Technical Analysis
NYSE:LPG • MHY2106R1100
Current stock price
LPG Technical Rating and Analysis
Overall LPG gets a technical rating of 6 out of 10. In the last year, LPG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month LPG has a been trading in the 28.90 - 38.40 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.
- When comparing the yearly performance of all stocks, we notice that LPG is one of the better performing stocks in the market, outperforming 86% of all stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- LPG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 57% of 207 stocks in the same industry.
- LPG is currently trading in the middle 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 slightly.
LPG Weekly and Daily overview Charts
LPG Setup Rating and Analysis
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 downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LPG Support and Resistance Analysis
24.14
When analyzing the support we can see 4 important areas.
- A support zone ranging from 29.14 to 29.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.41 from a trend line in the weekly time frame.
- Support @25.46 from a trend line in the weekly time frame.
- Support @24.38 from a horizontal line in the daily time frame.
LPG Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for LPG is down. |
| ChartMill Relative Strength | 86.42 | POSITIVE | LPG has a high relative strength, it outperformed 86.42% 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) | UP | MIXED | The current price of LPG is below the rising 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) | 34.04 | NEUTRAL | The RSI value for LPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.03 | NEGATIVE | The MACD value suggests LPG has a negative trend. |
| Stochastics (14,3) | 3.15 | OVERSOLD | The low Stochastics value suggests LPG may be oversold. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for LPG suggests high volalility. |
| Average Directional Index/ADX (14) | 37.65 | POSITIVE | The high ADX value value for LPG suggests a strong trend. |
LPG Chart- and CandleStick Pattern Analysis
LPG Technicals: Chart, Performance Metrics, Trend & Indicators
29.15
-0.83 (-2.77%)
DORIAN LPG LTD / LPG TA FAQ
What is the ChartMill technical rating of DORIAN LPG LTD (LPG) stock?
ChartMill assigns a technical rating of 6 / 10 to LPG.
What is the trend direction for LPG stock?
The current trend direction for DORIAN LPG LTD (LPG) is Bearish.
What is the RSI signal for DORIAN LPG LTD (LPG) stock?
DORIAN LPG LTD (LPG) has an RSI value of 34.0408. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DORIAN LPG LTD?
The MACD indicator for DORIAN LPG LTD (LPG) has a value of -1.0287, indicating a bearish trend.
Can you provide the support and resistance levels for DORIAN LPG LTD?
DORIAN LPG LTD (LPG) has a support level at 29.14. Check the full technical report for our detailed analysis of LPG support and resistance levels.