LOUISIANA-PACIFIC CORP (LPX) Stock Technical Analysis
NYSE:LPX - New York Stock Exchange, Inc. - US5463471053 - Common Stock - Currency: USD
Taking everything into account, LPX scores 5 out of 10 in our technical rating. In the past year, LPX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
LPX is one of the better performing stocks in the Paper & Forest Products industry, it outperforms 100% of 9 stocks in the same industry.
In the last month LPX has a been trading in the 85.00 - 97.62 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, LPX turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
LPX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LPX is lagging the market.
LPX has an average technical rating and also the quality of the setup is 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
80.35
97.44
We found 5 important support areas.
- A support zone ranging from 89.32 to 91.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 87.59 to 87.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @85.98 from a horizontal line in the daily time frame.
- Support @84.20 from a horizontal line in the weekly time frame.
- Support @81.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 95.48 to 96.48. 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 | UP | POSITIVE | The short term trend for LPX is up. |
| ChartMill Relative Strength | 51.44 | NEUTRAL | LPX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LPX is above 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) | 55.74 | NEUTRAL | The RSI value for LPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests LPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.37 | NEUTRAL | The Stochastics value for LPX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for LPX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.05 | NEUTRAL | The ADX value for LPX 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)
92.91
-3.57 (-3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-3.7%
1 Week1.24%
2 Weeks5.8%
1 Month4.39%
3 Month7.56%
6 Month-11.59%
12 Month8.46%
2 Year22.04%
3 Year46.02%
5 Year193.37%
10 Year530.33%
15 Year1176.24%
Volatility
ATR(14)2.78
ATR(20)%2.84%
ATR Inc150%
Range Today2.88
ADR(20)2.54
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.44
Mansfield-1.35
10 Day High97.62
10 Day Low85.21
20 Day High97.62
20 Day Low85
52 Week High122.87
52 Week Low78.82
CS1 End91.08
CR1 Start95.48
Volume & EV
DER(3)0.31%
DER(5)0.66%
Volume528.90K
Volume Incr-31.88%
Vol(5)664.56K
Vol(50)878.29K