LAREDO PETROLEUM INC (LPI) Stock Technical Analysis
USA - NYSE:LPI - US5168062058 - Common Stock
We assign a technical rating of 0 out of 10 to LPI. 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.
Although the technical rating is bad, LPI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
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47.61
3 important resistance areas can be observed.
- 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. |
48.09
+0.54 (+1.14%)
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.
Can you provide the trend direction for LAREDO PETROLEUM INC?
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 buy/sell signal for LAREDO PETROLEUM INC (LPI) stock?
The buy/sell signal for LAREDO PETROLEUM INC (LPI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for LAREDO PETROLEUM INC?
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.