We assign a technical rating of 5 out of 10 to LPRO. 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: 89% of all stocks are doing better.
- LPRO is one of the lesser performing stocks in the Capital Markets industry. 83% of 238 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.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month LPRO has a been trading in the 1.50 - 2.35 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LPRO has an average technical rating and it also does not offer a high 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
1.57
When analyzing the support we notice one important area.
- Support @1.59 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.21 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 LPRO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LPRO is up. |
| ChartMill Relative Strength | 11.92 | NEGATIVE | LPRO has a low relative strength, it was outperformed by 88.08% 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) | UP | POSITIVE | The current price of LPRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LPRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.77 | 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) | 78.82 | NEUTRAL | The Stochastics value for LPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for LPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.65 | POSITIVE | The high ADX value value for LPRO suggests a strong trend. |
2.11
-0.09 (-4.09%)
OPEN LENDING CORP / LPRO FAQ
What is the technical rating for LPRO stock?
ChartMill assigns a technical rating of 5 / 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 LPRO stock?
OPEN LENDING CORP (LPRO) has an RSI value of 66.7697. This indicates that the stock is currently neutral.
What is the MACD signal for OPEN LENDING CORP (LPRO) stock?
The MACD indicator for OPEN LENDING CORP (LPRO) has a value of 0.0614673, indicating a bearish trend.
Can you provide the short term momentum for OPEN LENDING CORP?
The short term momentum for OPEN LENDING CORP (LPRO) is positive.