LAREDO PETROLEUM INC (LPI) Stock Technical Analysis
NYSE:LPI • US5168062058
48.09 USD
+0.54 (+1.14%)
At close: Jan 6, 2023
48.13 USD
+0.04 (+0.08%)
After Hours: 1/6/2023, 9:16:20 PM
We assign a technical rating of 0 out of 10 to LPI. LPI's overall performance in the market is below average. Also 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.
- 90% of all other stocks performed better in the past year than LPI.
- LPI is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 90% are performing better than LPI.
- LPI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
47.61
63.40
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.
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. |
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)
48.09
+0.54 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.14%
1 Week-4.81%
2 Weeks-8.54%
1 Month-8.19%
3 Month-37.61%
6 Month-29.06%
12 Month-32.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.53
ATR(20)%5.5%
ATR Inc-20.47%
Range Today1.59
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.99
3 months CRSN/A
6 months CRSN/A
Mansfield-2.9
10 Day High53.25
10 Day Low46.61
20 Day High55.5
20 Day Low46.61
52 Week High120.86
52 Week Low46.61
CS1 EndN/A
CR1 Start50
Volume & EV
DER(3)2.93%
DER(5)2.28%
Volume678.10K
Volume Incr-17.02%
Vol(5)668.50K
Vol(50)666.69K
LAREDO PETROLEUM INC / LPI 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 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 is the short term momentum for LPI stock?
The short term momentum for LAREDO PETROLEUM INC (LPI) is negative.