LOUISIANA-PACIFIC CORP (LPX) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:LPX • US5463471053
We assign a technical rating of 4 out of 10 to LPX. Recently some decent action could be observed, but in the medium term time frame this is still negative. LPX was also a bad performer in the overall market in the last year.
- 83% of all other stocks performed better in the past year than LPX.
- LPX is part of the Paper & Forest Products industry. There are 9 other stocks in this industry, of which 75% are performing better than LPX.
- LPX 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month LPX has a been trading in the 77.86 - 94.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LPX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
73.85
When analyzing the support we can see 2 important areas.
- Support @81.29 from a trend line in the daily time frame.
- A support zone ranging from 74.60 to 75.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 92.87 to 93.71. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for LPX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LPX is neutral. |
| ChartMill Relative Strength | 17.86 | NEGATIVE | LPX has a low relative strength, it was outperformed by 82.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LPX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LPX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LPX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.69 | NEUTRAL | The RSI value for LPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.9 | NEGATIVE | The MACD value suggests LPX has a negative trend. |
| Stochastics (14,3) | 30.64 | NEUTRAL | The Stochastics value for LPX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for LPX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for LPX suggests a weak or negative trend. |
83.74
-2.7 (-3.12%)
LOUISIANA-PACIFIC CORP / LPX FAQ
What is the technical rating for LPX stock?
ChartMill assigns a technical rating of 4 / 10 to LPX.
What is the trend direction for LPX stock?
The current trend direction for LOUISIANA-PACIFIC CORP (LPX) is Bearish.
Can you provide the RSI signal for LOUISIANA-PACIFIC CORP?
LOUISIANA-PACIFIC CORP (LPX) has an RSI value of 40.6857. This indicates that the stock is currently neutral.
What is the support and resistance level for LPX stock?
LOUISIANA-PACIFIC CORP (LPX) has a support level at 81.29 and a resistance level at 92.87. Check the full technical report for our detailed analysis of LPX support and resistance levels.