LOUISIANA-PACIFIC CORP (LPX) Stock Technical Analysis
USA - NYSE:LPX - US5463471053 - Common Stock
90.75 USD
+0.61 (+0.68%)
90.75 USD
0 (0%)
Overall LPX gets a technical rating of 1 out of 10. LPX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, LPX is a bad performer in the overall market: 75% of all stocks are doing better.
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.
LPX is one of the better performing stocks in the Paper & Forest Products industry, it outperforms 75% of 9 stocks in the same industry.
In the last month LPX has a been trading in the 82.30 - 94.00 range, which is quite wide. It is currently trading near the high of this range.
LPX has a bad technical rating, but it does show a decent setup pattern. 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 92.81. Right above this resistance zone may be a good entry point.
More info and screens
80.35
100.51
We found 3 important support areas.
- Support @85.58 from a trend line in the weekly time frame.
- A support zone ranging from 84.20 to 84.20. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 81.16 to 81.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 92.81 to 93.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @97.35 from a trend line in the daily time frame.
- Resistance @99.51 from a horizontal line in the weekly 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 | 25.83 | NEGATIVE | LPX has a low relative strength, it was outperformed by 74.17% off all stocks 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 | 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) | 50.47 | NEUTRAL | The RSI value for LPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests LPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.57 | NEUTRAL | The Stochastics value for LPX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for LPX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for LPX suggests a weak or negative 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)
90.75
+0.61 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.68%
1 Week1.14%
2 Weeks1.75%
1 Month4.44%
3 Month1.01%
6 Month4.88%
12 Month-9.94%
2 Year76.97%
3 Year60.19%
5 Year217.53%
10 Year413.87%
15 Year1072.48%
Volatility
ATR(14)2.59
ATR(20)%2.88%
ATR Inc-50.23%
Range Today1.08
ADR(20)2.6
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.83
Mansfield-1.66
10 Day High94
10 Day Low88.58
20 Day High94
20 Day Low82.3
52 Week High122.87
52 Week Low78.82
CS1 End85.58
CR1 Start92.81
Volume & EV
DER(3)-0.31%
DER(5)-0.26%
Volume397.40K
Volume Incr-36.37%
Vol(5)580.44K
Vol(50)835.26K