Technical Analysis for LGCY - Legacy Reserves LP

Grade Last Price % Change Price Change
grade F 0.1481 -35.58% -0.08
LGCY closed down 35.58 percent on Friday, May 24, 2019, on 4.64 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical LGCY trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Volume Surge Other 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -35.58%

Older signals for LGCY ...

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Profile
Legacy Reserves LP, an independent oil and natural gas limited partnership, engages in the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, Mid-Continent, and Rocky Mountain regions of the United States. As of December 31, 2012, the company owned interests in producing oil and natural gas properties in 681 fields primarily in the Permian Basin, Texas Panhandle, Wyoming, North Dakota, Montana, and Oklahoma; operated 3,498 gross productive wells; and owned non-operated interests in 4,109 gross productive wells. It had proved reserves of approximately 83.2 million barrels of crude oil equivalent. Legacy Reserves GP, LLC serves as the general partner of the company. Legacy Reserves LP was founded in 2005 and is headquartered in Midland, Texas.
Natural Gas Oil Geology Of The United States Natural Gas Properties Petroleum In The United States Geology Of North America Permian Basin Permian Basin Royalty Trust Crude Oil Equivalent
Is LGCY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 7.43
52 Week Low 0.14
Average Volume 1,309,994
200-Day Moving Average 2.4262
50-Day Moving Average 0.4212
20-Day Moving Average 0.3533
10-Day Moving Average 0.2734
Average True Range 0.0558
ADX 40.73
+DI 8.022
-DI 35.4273
Chandelier Exit (Long, 3 ATRs ) 0.3326
Chandelier Exit (Short, 3 ATRs ) 0.3074
Upper Bollinger Band 0.5426
Lower Bollinger Band 0.164
Percent B (%b) -0.04
BandWidth 107.161053
MACD Line -0.081
MACD Signal Line -0.0691
MACD Histogram -0.012
Fundamentals Value
Market Cap 10.79 Million
Num Shares 72.9 Million
EPS -1.72
Price-to-Earnings (P/E) Ratio -0.09
Price-to-Sales 0.30
Price-to-Book 0.00
PEG Ratio 2.90
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.21
Resistance 3 (R3) 0.21 0.20 0.20
Resistance 2 (R2) 0.20 0.18 0.19 0.19
Resistance 1 (R1) 0.17 0.17 0.16 0.17 0.19
Pivot Point 0.16 0.16 0.15 0.15 0.16
Support 1 (S1) 0.13 0.14 0.12 0.13 0.10
Support 2 (S2) 0.12 0.13 0.11 0.10
Support 3 (S3) 0.09 0.12 0.10
Support 4 (S4) 0.09