LYB stock: buy or sell

LYB stock price: $107.10 0.15% At close on Apr 15th, 2021

Updated on:
Apr 16th, 2021

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LYB stock brief

  • LyondellBasell closed on Thursday at $107.10 after barely moving a 0.15%.
  • From the chart point view, price is drawing a scaled uptrend since last January with higher tops and higher bottoms. Up to date, shares made a 28.68% profit since the beginning of this rally
  • Morgan Stanley posted a bullish rating for LyondellBasell on Wednesday, targeting $116.00
  • LyondellBasell Industries N. V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally.

Should I buy LyondellBasell stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $LYB stock a buy?

Following Stock2 trading strategies, there are 2 buy setups eligible for LyondellBasell:

Uptrend buy setup

LyondellBasell stock is in an uptrend since last January that so far marked an amazing 29.00% gain. Price marked a local bottom in this uptrend at $99.58 in late March, and since then it bounced off a 7.55%. Breaking out over $112.73 - it's last top - will be a good entry point if LyondellBasell resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $101.46

Buy setupBuy pointStop lossRisk
Uptrend buy setup$112.73$101.4610.00%

ATH buy setup

One of the most recommended trading strategies is to buy on All-time Highs (ATH) breakouts. The good point of buying at ATHs is that price doesn't have upper resistances, and usually it rises fast. However, you must always be aware of a possible bulls trap that may trigger your buy order and then falls sharply. That's why a stop loss is always important. Price is now at 5.26% of all-time highs and it can breakout at any time, so if you want to trade this setup it's recommended to setup your order at $112.73. Place your stop-loss at $101.46

Buy setupBuy pointStop lossRisk
ATH buy setup$112.73$101.4610.00%

Should I sell LyondellBasell stock?

"To sell or not to sell", if you are holding LyondellBasell shares?. Just as when we have to buy shares, deciding when is the best time to sell is not a whimsical decision, and we must use our own trading strategy. Our trading system selects very simple strategies to guide us on when is the best moment to sell our shares. Be aware that these strategies are not intended for shorting $LYB stock

As a golden rule, you must never mantain an open trade that shows a greater losses than those expected upon purchase. When to sell shares should always be ruled by the stop-loss (automatic or manual)

Is it time to sell LyondellBasell stock?

Currently, LyondellBasell stock doesn't match any of our preferred sell setups, so if you own LyondellBasell stock and your operation is in profit probably is not time to sell now

LyondellBasell ratings

In the last 30 days, 4 brokerage ratings were published for LyondellBasell

LyondellBasell analysts' ratings - Last month
Brokerage firmRating
Mar 18th, 2021
Deutsche Bank Aktiengesellschaft Neutral
Mar 24th, 2021
Deutsche Bank Aktiengesellschaft Neutral
Apr 8th, 2021
Morgan Stanley Buy
Apr 14th, 2021
Morgan Stanley Buy

LyondellBasell stock analysis

Since last January, LyondellBasell has been drawing an uptrend that by now marked a gorgeous 28.68%. Rising peaks and troughs can be seen easily on a chart and how price provided very few buy points on the breakouts. Latest low was in late March, when price bounced at $99.58. Currently, the price trades in a consolidation between its last top ($112.73) and its last bottom ($99.58)

SMAs overview

LYB stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $112.73 (5.26% above)
  • The current supports are:

  • S1: $104.53 (-2.40% below)
  • S2: $103.58 (-3.29% below)
  • S3: $101.76 (-4.99% below)
  • Bollinger bands

    The price is trading very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell signal, as price can trade in these levels for many days and weeks

    LYB stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last February after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Thursday was 57.27. Since then, LyondellBasell price barely changed a 0.78%

    LYB stock RSI chart

    LyondellBasell stock price history

    LyondellBasell started trading priced at an adjusted price1 of $12.65 on Apr 2010. Since then, LYB stock surged by 746.64%, with an average of 74.66% per year. An investment of $1,000USD at that time would worth $8,466.40 today.

    1: Adjusted price after possible price splits or reverse-splits

    LYB stock price history chart

    Price target for LyondellBasell stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis forecasting how a stock will performance in the future.

    The following table shows the price forecasts released by analysts for the last 30 days. Again, these targets are not direct recommendations for individual traders and must not be followed blindly.

    There are 4 price forecasts published for LyondellBasell that average $115.50. That is a 7.84% than the last price ($107.10).

    LyondellBasell stock price predictions
    Brokerage firmPrice target
    Mar 18th, 2021
    Deutsche Bank Aktiengesellschaft $94.00$115.00
    Mar 24th, 2021
    Deutsche Bank Aktiengesellschaft $94.00$115.00
    Apr 8th, 2021
    Morgan Stanley $96.00$116.00
    Apr 14th, 2021
    Morgan Stanley $96.00$116.00

    Earnings and financials

    Investors call was hosted by LyondellBasell ($LYB) last January after posting the earnings report. LYB reported earnings of $2.19 per share on revenue of $7.9 billion. The market estimate was $1.36 per share on revenue of $7.0 billion.

    Same quarter one year ago, reported EPS was $1.92, so current EPS is an improvement of 14.06%. Revenue only changed on an annualized basis in the , from $81.8B to $79.4B last quarter.

    LYB ($LYB) is hosting the quarterly earnings call on April 30. Wall Street forecasts of $2.53, compared to previous quarter that was $2.19.

    LyondellBasell performance

    LYB performance compared
    Company1m3m6m
    LyondellBasell ($LYB) 1.10% 10.80% 43.10%

    Please read:
    The opinions contained in this article are personal and not recommendations for you to buy or sell stocks. The author of this report does not know the particular positions of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for learning purposes only

    LYB summary

    Thursday, April 15th, 2021
    Open$107.23
    Close$107.1
    Day range$105.06 - $107.64
    Previous close$106.94
    Session gain0.15%
    Average true range$2.88
    50d mov avg$102.67
    100d mov avg$95.81
    200d mov avg$82.57
    Earnings dateApril 30th, 2021

    Frequently asked questions

    What is LyondellBasell stock symbol?

    LyondellBasell Industries N.V. is a public company trading in the US stock market with the LYB symbol

    Is LyondellBasell stock a buy or sell?

    LyondellBasell received 4 ratings in the last 30 days: 2 bullish, 0 bearish and 2 neutral.

    Will LYB go up?

    LyondellBasell had different price forecasts issued by analysts in the last 30 days forecasting the target price to $115.50. That is a 7.84% than the current price ($107.10).