LG DISPLAY CO LTD-ADR (LPL) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:LPL • US50186V1026
Taking everything into account, LPL scores 1 out of 10 in our technical rating. LPL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- LPL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, LPL outperforms 52% of them, which is more or less in line with the market.
- LPL is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry, LPL did better than 45% of them.
- LPL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LPL is lagging the market.
LPL has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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3.82
When analyzing the support we notice one important area.
- A support zone ranging from 3.86 to 3.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.23 to 4.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.40 to 4.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.54 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for LPL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LPL is down. |
| ChartMill Relative Strength | 52.53 | NEUTRAL | LPL is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of LPL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LPL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.78 | NEUTRAL | The RSI value for LPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests LPL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.97 | OVERSOLD | The low Stochastics value suggests LPL may be oversold. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for LPL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for LPL suggests a possible start of a new trend. |
3.96
+0.08 (+2.06%)
LG DISPLAY CO LTD-ADR / LPL FAQ
What is the ChartMill technical rating of LG DISPLAY CO LTD-ADR (LPL) stock?
ChartMill assigns a technical rating of 1 / 10 to LPL.
What is the current trend direction of LG DISPLAY CO LTD-ADR (LPL) stock?
The current trend direction for LG DISPLAY CO LTD-ADR (LPL) is Bearish.
What is the RSI signal for LPL stock?
LG DISPLAY CO LTD-ADR (LPL) has an RSI value of 39.7832. This indicates that the stock is currently neutral.
What is the MACD signal for LPL stock?
The MACD indicator for LG DISPLAY CO LTD-ADR (LPL) has a value of -0.033593, indicating a bearish trend.
What is the support and resistance level for LPL stock?
LG DISPLAY CO LTD-ADR (LPL) has a support level at 3.95 and a resistance level at 4.23. Check the full technical report for our detailed analysis of LPL support and resistance levels.