LAREDO PETROLEUM INC (LPI) Technical Analysis
NYSE:LPI • US5168062058
Current stock price
LPI Technical Rating and Analysis
Taking everything into account, LPI scores 0 out of 10 in our technical rating. LPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 90% of all other stocks performed better in the past year than LPI.
- LPI is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 89% of 209 stocks in the same industry do better.
- LPI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LPI is lagging the market.
- In the last month LPI has a been trading in the 46.61 - 55.50 range, which is quite wide. It is currently trading near the lows of this range.
LPI Weekly and Daily overview Charts
LPI Setup Rating and Analysis
Although the technical rating is bad, LPI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
LPI Support and Resistance Analysis
47.61
We can see 3 important resistance areas.
- A resistance zone ranging from 50.00 to 50.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 52.28 to 53.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 62.01 to 62.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
LPI 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 | DOWN | NEGATIVE | The long term trend for LPI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LPI is down. |
| ChartMill Relative Strength | 10.99 | NEGATIVE | LPI has a low relative strength, it was outperformed by 89.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LPI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.34 | NEUTRAL | The RSI value for LPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LPI has a positive trend. |
| Stochastics (14,3) | 17.41 | OVERSOLD | The low Stochastics value suggests LPI may be oversold. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for LPI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.66 | NEUTRAL | The ADX value for LPI suggests a possible start of a new trend. |
LPI Chart- and CandleStick Pattern Analysis
LPI Technicals: Chart, Performance Metrics, Trend & Indicators
48.09
+0.54 (+1.14%)
LAREDO PETROLEUM INC / LPI TA FAQ
Can you provide the ChartMill technical rating for LAREDO PETROLEUM INC?
ChartMill assigns a technical rating of 0 / 10 to LPI.
What is the current trend direction of LAREDO PETROLEUM INC (LPI) stock?
The current trend direction for LAREDO PETROLEUM INC (LPI) is Bearish.
What is the RSI signal for LAREDO PETROLEUM INC (LPI) stock?
LAREDO PETROLEUM INC (LPI) has an RSI value of 36.3372. This indicates that the stock is currently neutral.
What is the MACD signal for LAREDO PETROLEUM INC (LPI) stock?
The MACD indicator for LAREDO PETROLEUM INC (LPI) has a value of 0.0325238, indicating a bearish trend.
What are the support and resistance levels for LAREDO PETROLEUM INC (LPI) stock?
LAREDO PETROLEUM INC (LPI) has a resistance level at 50. Check the full technical report for our detailed analysis of LPI support and resistance levels.