RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LPG
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Green day on Tuesday for Dorian LPG Ltd
(Updated on Jul 23, 2024)

Sell candidate since Jul 16, 2024 Loss -0.91% PDF

The Dorian LPG Ltd stock price gained 0.425% on the last trading day (Tuesday, 23rd Jul 2024), rising from $40.00 to $40.17. During the last trading day the stock fluctuated 2.73% from a day low at $39.19 to a day high of $40.26. The price has been going up and down for this period, and there has been a -3.2% loss for the last 2 weeks. Volume fell on the last day by -22 thousand shares and in total, 329 thousand shares were bought and sold for approximately $13.21 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $39.17 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -6.20% during the next 3 months and, with a 90% probability hold a price between $36.75 and $46.20 at the end of this 3-month period.

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LPG Signals & Forecast

There are mixed signals in the stock today. The Dorian LPG Ltd stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $42.50. On a fall, the stock will find some support from the short-term average at $39.87. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Friday, July 19, 2024, and so far it has risen 2.27%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Dorian LPG Ltd stock

Dorian LPG Ltd finds support from accumulated volume at $40.08 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.07 between high and low, or 2.73%. For the last week, the stock has had daily average volatility of 2.61%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (LPG) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Dorian LPG Ltd to open at $39.87, and during the day (based on 14 day Average True Range), to move between $38.98 and $41.36, which gives a possible trading interval of +/-$1.19 (+/-2.96%) up or down from last closing price. If Dorian LPG Ltd takes out the full calculated possible swing range there will be an estimated 5.91% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $40.08 (0.22%) than the resistance at $43.90 (9.29%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Dorian LPG Ltd stock A Buy?

Dorian LPG Ltd holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.170 Sell Candidate Unchanged

Predicted Opening Price for Dorian LPG Ltd of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$39.87 ( 0.738%) $40.17

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LPG

Fibonacci Support & Resistance Levels

Level Price
R3 40.94 1.93%
R2 40.54 0.91%
R1 40.28 0.281%
Price 40.17
S1 39.46 -1.76%
S2 39.21 -2.39%
S3 38.80 -3.40%

Accumulated Volume Support & Resistance Levels

Level Price
R3 44.95 11.90%
R2 44.27 10.21%
R1 43.90 9.29%
Price 40.17
S1 40.08 -0.224%
S2 39.85 -0.797%
S3 39.71 -1.15%

LPG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2024 May 07, 2024 May 30, 2024 $1.00 1.95%
2 Jan 24, 2024 Feb 02, 2024 Feb 27, 2024 $1.00 2.81%
3 Oct 06, 2023 Oct 19, 2023 Nov 02, 2023 $1.00 2.58%
4 Jul 27, 2023 Aug 09, 2023 Sep 06, 2023 $1.00 3.61%
5 Apr 26, 2023 May 05, 2023 May 22, 2023 $1.00 4.15%

FAQ

What is the symbol for Dorian LPG Ltd Stock and on which exchange is it traded?
The symbol for Dorian LPG Ltd is LPG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Dorian LPG Ltd Stock?
Dorian LPG Ltd holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Dorian LPG Ltd Stock?
Dorian LPG Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Dorian LPG Ltd Stock.

What's the current price of Dorian LPG Ltd Stock?
As of the end of day on the Jul 23, 2024, the price of an Dorian LPG Ltd (LPG) share was $40.17.

What is the 52-week high and low for Dorian LPG Ltd Stock?
The 52-week high for Dorian LPG Ltd Stock is $51.66 and the 52-week low is $24.17.

What is the market capitalization of Dorian LPG Ltd Stock?
As of the Jul 23, 2024, the market capitalization of Dorian LPG Ltd is 1.705B.

When is the next earnings date for Dorian LPG Ltd?
The upcoming earnings date for Dorian LPG Ltd is Aug 07, 2024.
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About Dorian LPG Ltd

Dorian LPG Ltd Dorian LPG Ltd., together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) through its LPG tankers worldwide. The company owns and operates very large gas carriers (VLGCs). As of May 27, 2022, its fleet consisted of twenty-two VLGCs. The company was incorporated in 2013 and is headquartered in Stamford, Connecticut.... LPG Profile

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