Technical Analysis for LGCY - Legacy Reserves LP

Grade Last Price % Change Price Change
grade F 0.48 -11.11% -0.06
LGCY closed down 11.11 percent on Friday, March 22, 2019, on 1.74 times normal volume. 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
Mar 22 New 52 Week Closing Low Bearish 0.00%
Mar 22 Wide Bands Range Expansion 0.00%
Mar 22 Oversold Stochastic Weakness 0.00%
Mar 21 180 Bearish Setup Bearish Swing Setup -11.11%
Mar 21 Calm After Storm Range Contraction -11.11%
Mar 21 Narrow Range Bar Range Contraction -11.11%
Mar 21 Lower Bollinger Band Walk Weakness -11.11%
Mar 21 Wide Bands Range Expansion -11.11%
Mar 21 Oversold Stochastic Weakness -11.11%
Mar 20 New Downtrend Bearish -12.73%

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 10.54
52 Week Low 0.3799
Average Volume 1,386,738
200-Day Moving Average 3.6452
50-Day Moving Average 1.3563
20-Day Moving Average 1.0116
10-Day Moving Average 0.7733
Average True Range 0.1673
ADX 28.66
+DI 12.1976
-DI 36.4988
Chandelier Exit (Long, 3 ATRs ) 0.9581
Chandelier Exit (Short, 3 ATRs ) 0.8818
Upper Bollinger Band 1.7175
Lower Bollinger Band 0.3057
Percent B (%b) 0.12
BandWidth 139.561091
MACD Line -0.2485
MACD Signal Line -0.1893
MACD Histogram -0.0592
Fundamentals Value
Market Cap 34.98 Million
Num Shares 72.9 Million
EPS -1.72
Price-to-Earnings (P/E) Ratio -0.28
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) 0.66
Resistance 3 (R3) 0.68 0.63 0.63
Resistance 2 (R2) 0.63 0.59 0.63 0.62
Resistance 1 (R1) 0.56 0.56 0.54 0.54 0.61
Pivot Point 0.51 0.51 0.50 0.51 0.51
Support 1 (S1) 0.44 0.47 0.42 0.42 0.35
Support 2 (S2) 0.39 0.44 0.39 0.34
Support 3 (S3) 0.32 0.39 0.33
Support 4 (S4) 0.30