The stock of LyondellBasell Industries N.V. (NYSE:LYB) witnessed a 10.94% increase from the 52-week low price of $77.52 it recorded on 2018-12-26. Their shares price went down by -$1.4 now trading at $86. Even though it is still -41.8% behind the $121.95 high touched on 2018-01-29. The last few days have been rough for the stock, as its price has decreased by -0.81% during the week. It has also performed poorly over the past three months, as it lost around -11.9% while it has so far retreated around -25.24% during the course of a year. The stock of LYB recorded 3.42% uptrend from the beginning of this year till date. The 12-month potential price target for LyondellBasell Industries N.V. is set at $102.5. This target means that the stock has an upside potential to increase by 19.19% from the current trading price.
When giving their opinion, around 33.33% of Wall Street analysts, which represents 6 out of 18 rated the stock as a Buy. 11 brokerage firms of the remaining 61.11% rated the stock as a Hold with 1 analyst rating it as a sell. Overall, the number of aggregate LYB shares held by institutional investors represents 76.5% of total shares. 68 institutions entered new LyondellBasell Industries N.V. (NYSE:LYB) positions, 391 added to their existing positions in these shares, 411 lowered their positions, and 85 exited their positions entirely.
LyondellBasell Industries N.V. (LYB) trade volume has decreased by -10.47% as around 2,614,904 shares were sold when compared with its 50-day average volume of traded shares which is 2,920,746. At the moment, LYB is witnessing a uptrend, as it is trading 3.11% above its 20-day SMA, -2.76% below its 50-day SMA, and -16.49% below its 200-day SMA. The company runs an ROE of roughly 0%, with financial analysts predicting that their earnings per share growth will be around 6.66% per annum for the next five year. This will be compared to the 15.5% increase witnessed over the past five years.
The first technical resistance point for LyondellBasell Industries N.V. (NYSE:LYB) will likely come at $86.84, marking a 0.97% premium to the current level. The second resistance point is at $87.69, about 1.93% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $84.95, the lower end of the range. LYB’s 14-day MACD is 3.04 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 50.35, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 30.9 percent, which is high when compared to that of the 50-day’s 30.12 percent.
The shares of Range Resources Corporation (NYSE:RRC) has increased by 0.52%, and now trading at $11.5 on the Wall Street in the intra-day deal, with their shares traded now around 5,346,887. This is a decline of -2,768,669 shares over the average 8,115,556 shares that were traded daily over the last three months. The stock that is trading at $11.5 went higher by 24.73% from its 52-week low of $9.22 that it attained back on 2019-01-02. The stock recorded a 52-week high of $18.59 nearly 96 days ago on 2018-10-10..
RRC stock hasn’t performed well over the past 30 days, as it lost -13.14% while its price climbed by 20.17% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 7.58% over the last week. The stock’s 12-month potential target price is now at $17.63. This means that the stock price might likely increase by 53.3% from its current trading price.15 out of 29 Wall Street analysts which represents 51.72% rated the stock as a buy while the remaining 41.38 rated it as a hold, with 6.9 of analysts rating it as a sell.
Range Resources Corporation (NYSE:RRC) has been utilizing an ROE that is roughly 1.2%, with stock analysts predicting that the company’s EPS for the next five years will go up by 42.9% per year, following the -17.5% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 6.46% above its 20-day SMA, -16.92% below its 50-day SMA, and -24.75% below its 200-day SMA. In percentage terms, the aggregate Range Resources Corporation shares held by institutional investors is 0%. 55 institutions jumped in to acquire Range Resources Corporation (RRC) fresh stake, 176 added to their current holdings in these shares, 207 lowered their positions, and 57 left no stake in the company.
The stock’s 9-day MACD is 0.75 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 56.1, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 71.47 percent, which is more when compared to that of the 50-day’s 57.55 percent. On the daily chart, we see that the stock could reach the first level of resistance at $11.69, sporting a 1.63% premium to the current level. The next resistance point is at $11.87, representing nearly 3.12% premium to the current market price of Range Resources Corporation (RRC). On the other hand, failure to breach the immediate hurdles can drag it down to $10.94, the lower end of the range.