LG DISPLAY CO LTD-ADR (LPL) Stock Technical Analysis
NYSE:LPL - New York Stock Exchange, Inc. - US50186V1026 - ADR - Currency: USD
Overall LPL gets a technical rating of 4 out of 10. LPL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is only medium, LPL does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.35, a Stop Loss order could be placed below this zone.
More info and screens
3.27
When analyzing the support we notice one important area.
- A support zone ranging from 3.30 to 3.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @3.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.62 to 3.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.09 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for LPL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LPL is neutral. |
| ChartMill Relative Strength | 25.96 | NEGATIVE | LPL has a low relative strength, it was outperformed by 74.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LPL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LPL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LPL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.6 | NEUTRAL | The RSI value for LPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LPL has a negative trend. |
| Stochastics (14,3) | 34.29 | NEUTRAL | The Stochastics value for LPL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for LPL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for LPL suggests a weak or negative trend. |
3.36
-0.11 (-3.17%)