LOUISIANA-PACIFIC CORP (LPX) Technical Analysis
NYSE:LPX • US5463471053
Current stock price
LPX Technical Rating and Analysis
Taking everything into account, LPX scores 0 out of 10 in our technical rating. LPX'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, LPX is a bad performer in the overall market: 84% of all stocks are doing better.
- LPX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LPX is lagging the market.
- LPX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- LPX has an average volume of 1055430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LPX is an average performer in the Paper & Forest Products industry, it outperforms 62% of 9 stocks in the same industry.
LPX Weekly and Daily overview Charts
LPX Setup Rating and Analysis
Although the technical rating is bad, LPX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 74.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.92, a Stop Loss order could be placed below this zone.
More info and screens
LPX Support and Resistance Analysis
69.22
When analyzing the support we notice one important area.
- A support zone ranging from 69.92 to 69.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 74.17 to 74.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @93.91 from a trend line in the weekly time frame.
- Resistance @97.31 from a trend line in the daily time frame.
- Resistance @99.28 from a horizontal line in the daily time frame.
LPX 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 LPX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LPX is down. |
| ChartMill Relative Strength | 16.52 | NEGATIVE | LPX has a low relative strength, it was outperformed by 83.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LPX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LPX is below a declining 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) | 36.56 | NEUTRAL | The RSI value for LPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests LPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.85 | NEUTRAL | The Stochastics value for LPX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for LPX suggests some volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for LPX suggests a strong trend. |
LPX Chart- and CandleStick Pattern Analysis
LPX Technicals: Chart, Performance Metrics, Trend & Indicators
70.81
-1.89 (-2.6%)
LOUISIANA-PACIFIC CORP / LPX TA FAQ
What is the technical rating for LPX stock?
ChartMill assigns a technical rating of 0 / 10 to LPX.
Can you provide the trend direction for LOUISIANA-PACIFIC CORP?
The current trend direction for LOUISIANA-PACIFIC CORP (LPX) is Bearish.
What is the RSI signal for LPX stock?
LOUISIANA-PACIFIC CORP (LPX) has an RSI value of 36.5633. This indicates that the stock is currently neutral.
What is the MACD signal for LOUISIANA-PACIFIC CORP (LPX) stock?
The MACD indicator for LOUISIANA-PACIFIC CORP (LPX) has a value of 0.209414, indicating a bearish trend.
What is the short term momentum for LPX stock?
The short term momentum for LOUISIANA-PACIFIC CORP (LPX) is negative.