LOUISIANA-PACIFIC
LOUISIANA-PACIFIC
- USD (-)
- 15 min delayed data - NYSE Stocks
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Change: -
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Type: Stocks
Ticker: LPX
ISIN:

LOUISIANA-PACIFIC - Daily - Technical analysis published on 12/04/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 26.74 USD
My targets
29.42 USD (+1.98%)
31.75 USD (+10.05%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on LOUISIANA-PACIFIC. As long as you are above the support located at 26.74 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 29.42 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 31.75 USD as an objective. If the support 26.74 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
1.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The LOUISIANA-PACIFIC rating is 28.85 USD. The price is lower by -0.59% since the last closing with the lowest point at 28.59 USD and the highest point at 28.93 USD. The deviation from the price is +0.91% for the low point and -0.28% for the high point.

28.59
28.93
28.85

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this LOUISIANA-PACIFIC chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 25.45 26.74 28.72 28.85 29.42 31.75
Change (%) -11.79% -7.31% -0.45% - +1.98% +10.05%
Change -3.40 -2.11 -0.13 - +0.57 +2.90
Level Intermediate Major Major - Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.2428.5928.8029.1529.3629.7129.92
Camarilla28.8728.9228.9729.0229.0729.1229.17
Woodie28.1828.5628.7429.1229.3029.6829.86
Fibonacci28.5928.8028.9329.1529.3629.4929.71


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.5028.9229.2729.6930.0430.4630.81
Camarilla29.4229.4929.5629.6329.7029.7729.84
Woodie28.4828.9029.2529.6730.0230.4430.79
Fibonacci28.9229.2129.3929.6929.9830.1630.46


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard26.6327.4628.5529.3730.4631.2832.37
Camarilla29.1129.2829.4629.6329.8129.9830.16
Woodie26.7627.5328.6829.4430.5931.3532.50
Fibonacci27.4628.1928.6429.3730.1030.5531.28

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 50.63
MACD (12,26,9): 0.4400
Directional Movement: 0.18
AROON (14): -35.71
DEMA (21): 29.78
Parabolic SAR (0,02-0,02-0,2): 28.46
Elder Ray (13): -0.50
Super Trend (3,10): 28.07
Zig ZAG (10): 28.85
VORTEX (21): 0.9500
Stochastique (14,3,5): 35.69
TEMA (21): 29.45
Williams %R (14): -83.01
Chande Momentum Oscillator (20): -0.23
Repulse (5,40,3): -0.5900
ROCnROLL: -1
TRIX (15,9): 0.3200
Courbe Coppock: 1.12
MA7: 29.47
MA20: 29.25
MA50: 27.47
MA100: 25.79
MAexp7: 29.28
MAexp20: 29.08
MAexp50: 27.84
MAexp100: 26.57
Price / MA7: -2.10%
Price / MA20: -1.37%
Price / MA50: +5.02%
Price / MA100: +11.87%
Price / MAexp7: -1.47%
Price / MAexp20: -0.79%
Price / MAexp50: +3.63%
Price / MAexp100: +8.58%

This member declared not having a position on this financial instrument or a related financial instrument.

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