Technical Analysis for LRDC - Laredo Oil Inc

Grade Last Price % Change Price Change
grade C 0.0375 87.50% 0.0175
LRDC closed up 87.5 percent on Thursday, February 20, 2020, on 11.37 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical LRDC trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Parabolic Rise Strength 0.00%
BB Squeeze Ended Range Expansion 0.00%
Older signals for LRDC ...

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Profile

Laredo Oil, Inc. is a management services company. The Company is engaged in managing the acquisition and conventional operation of mature oil fields and the further recovery of stranded oil from those fields using enhanced oil recovery (EOR) methods. The Company focuses on EOR applications in depleted and mature oil fields. The Company's tool is to apply its Underground Gravity Drainage (UGD) process. The Company's UGD enables a solution, Hyper Down-Spacing, which facilitates manageable production. It is a combination of managed well spacing and gravity drainage through underground access, and uses underground machinery to drill upwards from beneath the target oil field. It also uses gravity to drain remaining mobile oil. The Company offers its services to Stranded Oil Resources Corporation (SORC), a subsidiary of Alleghany Corporation (Alleghany). The Company is engaged in testing various EOR, such as nitrogen and carbon dioxide injection.
Oil Petroleum Production Oil Fields Oil Recovery Enhanced Oil Recovery

Is LRDC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Indicators

Indicator Value
52 Week High 0.115
52 Week Low 0.02
Average Volume 23,671
200-Day Moving Average 0.0436
50-Day Moving Average 0.0247
20-Day Moving Average 0.0228
10-Day Moving Average 0.0225
Average True Range 0.0040
ADX 10.45
+DI 59.8198
-DI 24.5045
Chandelier Exit (Long, 3 ATRs ) 0.0275
Chandelier Exit (Short, 3 ATRs ) 0.0320
Upper Bollinger Band 0.0310
Lower Bollinger Band 0.0146
Percent B (%b) 1.4
BandWidth 71.9298
MACD Line 0.0003
MACD Signal Line -0.0009
MACD Histogram 0.0012
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0615
Resistance 3 (R3) 0.0595 0.0495 0.0575
Resistance 2 (R2) 0.0495 0.0434 0.0505 0.0562
Resistance 1 (R1) 0.0435 0.0396 0.0465 0.0455 0.0548
Pivot Point 0.0335 0.0335 0.0350 0.0345 0.0335
Support 1 (S1) 0.0275 0.0274 0.0305 0.0295 0.0202
Support 2 (S2) 0.0175 0.0236 0.0185 0.0188
Support 3 (S3) 0.0115 0.0175 0.0175
Support 4 (S4) 0.0135