OPEN LENDING CORP (LPRO) Technical Analysis
NASDAQ:LPRO • US68373J1043
Current stock price
LPRO Technical Rating and Analysis
Taking everything into account, LPRO scores 0 out of 10 in our technical rating. LPRO'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.
- 72% of all other stocks performed better in the past year than LPRO.
- LPRO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LPRO is lagging the market.
- In the last month LPRO has a been trading in the 1.18 - 1.62 range, which is quite wide. It is currently trading near the lows of this range.
- LPRO is part of the Capital Markets industry. There are 239 other stocks in this industry, LPRO did better than 55% of them.
LPRO Weekly and Daily overview Charts
LPRO Setup Rating and Analysis
Although the technical rating is bad, LPRO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.19, a Stop Loss order could be placed below this zone.
More info and screens
LPRO Support and Resistance Analysis
1.18
We found 1 important support area.
- A support zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.26 to 1.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.36 from a trend line in the daily time frame.
- Resistance @1.88 from a trend line in the weekly time frame.
- Resistance @1.98 from a trend line in the daily time frame.
- Resistance @2.02 from a trend line in the weekly time frame.
LPRO 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 LPRO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LPRO is down. |
| ChartMill Relative Strength | 28.5 | NEGATIVE | LPRO has a low relative strength, it was outperformed by 71.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LPRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LPRO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LPRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.76 | NEUTRAL | The RSI value for LPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LPRO has a negative trend. |
| Stochastics (14,3) | 12.36 | OVERSOLD | The low Stochastics value suggests LPRO may be oversold. |
| Average True Range in percent/ATR (20) | 9.49 | HIGH VOLATILITY | The high ATR as a percentage value for LPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for LPRO suggests a weak or negative trend. |
LPRO Chart- and CandleStick Pattern Analysis
LPRO Technicals: Chart, Performance Metrics, Trend & Indicators
1.2
-0.04 (-3.23%)
OPEN LENDING CORP / LPRO TA FAQ
What is the technical rating for LPRO stock?
ChartMill assigns a technical rating of 0 / 10 to LPRO.
Can you provide the trend direction for OPEN LENDING CORP?
The current trend direction for OPEN LENDING CORP (LPRO) is Bearish.
What is the RSI signal for OPEN LENDING CORP (LPRO) stock?
OPEN LENDING CORP (LPRO) has an RSI value of 37.7588. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OPEN LENDING CORP?
The MACD indicator for OPEN LENDING CORP (LPRO) has a value of -0.00482359, indicating a bearish trend.
What is the short term momentum for OPEN LENDING CORP (LPRO) stock?
The short term momentum for OPEN LENDING CORP (LPRO) is negative.