LOUISIANA-PACIFIC CORP (LPX) Stock Technical Analysis
NYSE:LPX - New York Stock Exchange, Inc. - US5463471053 - Common Stock - Currency: USD
Overall LPX gets a technical rating of 2 out of 10. LPX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
LPX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LPX is lagging the market.
LPX is part of the Paper & Forest Products industry. There are 9 other stocks in this industry. LPX outperforms 87% of them.
LPX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, LPX outperforms 42% of them, which is more or less in line with the market.
LPX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
80.35
121.42
We found 3 important support areas.
- Support @86.39 from a trend line in the weekly 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 92.81 to 95.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @111.55 from a trend line in the daily time frame.
- Resistance @120.22 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 | DOWN | NEGATIVE | The long term trend for LPX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LPX is neutral. |
| ChartMill Relative Strength | 42.65 | 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) | DOWN | MIXED | The current price of LPX is above 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) | 52.15 | NEUTRAL | The RSI value for LPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests LPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.88 | NEUTRAL | The Stochastics value for LPX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for LPX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.54 | 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)
91.48
+0.21 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.23%
1 Week-2.1%
2 Weeks1.24%
1 Month5.11%
3 Month-7.32%
6 Month-21.06%
12 Month1.78%
2 Year56.32%
3 Year32.46%
5 Year287.46%
10 Year405.69%
15 Year976.24%
Volatility
ATR(14)2.71
ATR(20)%2.82%
ATR Inc-23.09%
Range Today2.06
ADR(20)2.41
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.65
Mansfield-0.96
10 Day High95.77
10 Day Low89.84
20 Day High95.77
20 Day Low83.21
52 Week High122.87
52 Week Low78.82
CS1 End86.39
CR1 Start92.81
Volume & EV
DER(3)-0.33%
DER(5)0.13%
Volume758.90K
Volume Incr27.67%
Vol(5)878.02K
Vol(50)669.31K