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LG DISPLAY CO LTD ADS
LG DISPLAY CO LTD ADS
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: LPL
ISIN:

LG DISPLAY CO LTD ADS - Daily - Technical analysis published on 10/23/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Neutral
Technical indicators
78%
6%
17%
My opinion
Bullish above 6.18 USD
My targets
6.81 USD (+9.66%)
7.79 USD (+25.44%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for LG DISPLAY CO LTD ADS as long as the price remains well above 6.18 USD. The buyers” bullish objective is set at 6.81 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.79 USD. If there is any crossing, the next objective would be the resistance located at 8.57 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
3.8

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.

Vincent Launay
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

LG DISPLAY CO LTD ADS rating 6.21 USD. On the day, this instrument lost -0.48% and was traded between 6.18 USD and 6.25 USD over the period. The price is currently at +0.49% from its lowest and -0.64% from its highest.

6.18
6.25
6.21

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by LG DISPLAY CO LTD ADS:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this LG DISPLAY CO LTD ADS chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

Central Candlesticks

Abandoned baby morning star

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 5.14 5.54 6.18 6.21 6.81 7.79 8.57
Change (%) -17.23% -10.79% -0.48% - +9.66% +25.44% +38.00%
Change -1.07 -0.67 -0.03 - +0.60 +1.58 +2.36
Level Intermediate Major Intermediate - Intermediate Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.056.096.176.216.296.336.41
Camarilla6.216.226.236.246.256.266.27
Woodie6.066.106.186.226.306.346.42
Fibonacci6.096.146.176.216.266.296.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.525.735.836.046.146.356.45
Camarilla5.865.885.915.945.976.006.03
Woodie5.485.705.796.016.106.326.41
Fibonacci5.735.855.926.046.166.236.35


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.715.195.576.056.436.917.29
Camarilla5.715.795.875.956.036.116.19
Woodie4.665.175.526.036.386.897.24
Fibonacci5.195.525.726.056.386.586.91

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 58.31
MACD (12,26,9): 0.0700
Directional Movement: 15.49
AROON (14): 85.72
DEMA (21): 6.06
Parabolic SAR (0,02-0,02-0,2): 5.77
Elder Ray (13): 0.19
Super Trend (3,10): 5.72
Zig ZAG (10): 6.21
VORTEX (21): 0.8400
Stochastique (14,3,5): 82.96
TEMA (21): 6.14
Williams %R (14): -6.76
Chande Momentum Oscillator (20): 0.48
Repulse (5,40,3): 1.2600
ROCnROLL: 1
TRIX (15,9): 0.0700
Courbe Coppock: 11.75
MA7: 6.11
MA20: 5.90
MA50: 5.81
MA100: 6.35
MAexp7: 6.10
MAexp20: 5.99
MAexp50: 6.02
MAexp100: 6.39
Price / MA7: +1.64%
Price / MA20: +5.25%
Price / MA50: +6.88%
Price / MA100: -2.20%
Price / MAexp7: +1.80%
Price / MAexp20: +3.67%
Price / MAexp50: +3.16%
Price / MAexp100: -2.82%

News


Don"t forget to follow the news on LG DISPLAY CO LTD ADS. At the time of publication of this analysis, the latest news was as follows:

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

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