OPEN LENDING CORP (LPRO) Stock Technical Analysis
NASDAQ:LPRO - Nasdaq - US68373J1043 - Common Stock - Currency: USD
Overall LPRO gets a technical rating of 2 out of 10. In the past year, LPRO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, LPRO is a bad performer in the overall market: 98% of all stocks are doing better.
LPRO is one of the lesser performing stocks in the Capital Markets industry. 88% of 231 stocks in the same industry do better.
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 1.15 - 2.16 range, which is quite wide. It is currently trading near the high of this range.
LPRO has an average volume of 3708780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
LPRO has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
1.89
2.13
When analyzing the support we notice one important area.
- A support zone ranging from 1.91 to 1.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @2.07 from a horizontal line in the weekly time frame.
- Resistance @2.11 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 | DOWN | NEGATIVE | The long term trend for LPRO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LPRO is up. |
| ChartMill Relative Strength | 2.26 | NEGATIVE | LPRO has a low relative strength, it was outperformed by 97.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LPRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LPRO is above 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) | 54.65 | NEUTRAL | The RSI value for LPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests LPRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.45 | NEUTRAL | The Stochastics value for LPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.55 | HIGH VOLATILITY | The high ATR as a percentage value for LPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.43 | POSITIVE | The high ADX value value for LPRO suggests a strong 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)
1.92
-0.03 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.54%
1 Week-6.8%
2 Weeks10.34%
1 Month50%
3 Month-62.86%
6 Month-70.32%
12 Month-70.46%
2 Year-81.07%
3 Year-85.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%8.55%
ATR Inc-55.98%
Range Today0.07
ADR(20)0.16
ADR(20)%8.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.26
Mansfield-6.19
10 Day High2.16
10 Day Low1.75
20 Day High2.16
20 Day Low1.15
52 Week High6.97
52 Week Low0.7
CS1 End1.91
CR1 Start2.07
Volume & EV
DER(3)-3.57%
DER(5)0.38%
Volume967.10K
Volume Incr-60.87%
Vol(5)1.09M
Vol(50)3.71M