OPEN LENDING CORP (LPRO) Stock Technical Analysis
NASDAQ:LPRO - Nasdaq - US68373J1043 - Common Stock - Currency: USD
Taking everything into account, LPRO scores 1 out of 10 in our technical rating. LPRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, LPRO is a bad performer in the overall market: 87% of all stocks are doing better.
LPRO is one of the lesser performing stocks in the Capital Markets industry. 82% of 237 stocks in the same industry do better.
LPRO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
LPRO has an average volume of 1071160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month LPRO has a been trading in the 2.02 - 2.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of LPRO is bad and it also does not present a quality setup 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
2.09
2.32
3 important support areas can be observed.
- A support zone ranging from 2.19 to 2.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.15 from a horizontal line in the weekly time frame.
- Support @2.11 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.24 to 2.30. This zone is formed by a combination of multiple trend lines and important moving averages 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 LPRO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LPRO is neutral. |
| ChartMill Relative Strength | 13.52 | NEGATIVE | LPRO has a low relative strength, it was outperformed by 86.48% 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) | UP | POSITIVE | The current price of LPRO is above the rising 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) | 46.36 | NEUTRAL | The RSI value for LPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests LPRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.98 | NEUTRAL | The Stochastics value for LPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.04 | HIGH VOLATILITY | The high ATR as a percentage value for LPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.95 | NEUTRAL | The ADX value for LPRO suggests a possible start of a new 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)
2.23
-0.02 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.89%
1 Week3.24%
2 Weeks-15.53%
1 Month-8.98%
3 Month28.16%
6 Month-64.72%
12 Month-59.45%
2 Year-72.97%
3 Year-77.03%
5 Year-89.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%8.04%
ATR Inc59.72%
Range Today0.3
ADR(20)0.18
ADR(20)%7.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.52
Mansfield-5.09
10 Day High2.7
10 Day Low2.02
20 Day High2.7
20 Day Low2.02
52 Week High6.92
52 Week Low0.7
CS1 End2.21
CR1 Start2.24
Volume & EV
DER(3)4.09%
DER(5)2.76%
Volume1.05M
Volume Incr2.87%
Vol(5)949.74K
Vol(50)1.07M