LITHIA MOTORS INC (LAD) Stock Technical Analysis
NYSE:LAD - New York Stock Exchange, Inc. - US5367971034 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to LAD. LAD has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
LAD is part of the Specialty Retail industry. There are 120 other stocks in this industry. LAD outperforms 74% of them.
In the last month LAD has a been trading in the 280.95 - 329.26 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that LAD is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
LAD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LAD is lagging the market slightly.
Although the technical rating is only medium, LAD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 311.30, a Stop Loss order could be placed below this zone.
More info and screens
253.59
398.21
5 important support areas can be observed.
- A support zone ranging from 309.69 to 311.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @289.61 from a trend line in the weekly time frame.
- Support @282.05 from a horizontal line in the weekly time frame.
- A support zone ranging from 271.93 to 275.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @256.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 315.87 to 316.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 323.59 to 325.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @365.57 from a trend line in the weekly time frame.
- Resistance @373.86 from a trend line in the daily time frame.
- Resistance @382.99 from a horizontal line in the daily time frame.
- Resistance @394.27 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for LAD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LAD is up. |
| ChartMill Relative Strength | 75.24 | POSITIVE | LAD has a high relative strength, it outperformed 75.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LAD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LAD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LAD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.52 | NEUTRAL | The RSI value for LAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests LAD has a negative trend. |
| Stochastics (14,3) | 54.25 | NEUTRAL | The Stochastics value for LAD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for LAD suggests some volalility. |
| Average Directional Index/ADX (14) | 13.58 | NEGATIVE | The low ADX value for LAD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 316.27 | 309.68 | 6.59 (2.08%) | 25.00% |
| An entry @316.27. This is a Buy Stop order right above the resistance zone. | An exit @309.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.59 points, which is 2.08%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LAD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
313.87
-2.01 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.64%
1 Week-1.59%
2 Weeks-3.59%
1 Month7.34%
3 Month-8.88%
6 Month-18.88%
12 Month23.99%
2 Year34.55%
3 Year3.09%
5 Year160.28%
10 Year194.85%
15 Year3741.74%
Volatility
ATR(14)8.6
ATR(20)%2.67%
ATR Inc-38.88%
Range Today4.94
ADR(20)7.48
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.24
Mansfield-0.3
10 Day High326.96
10 Day Low301.54
20 Day High329.26
20 Day Low280.95
52 Week High405.68
52 Week Low243.04
CS1 End311.3
CR1 Start315.87
Volume & EV
DER(3)-2.93%
DER(5)-5.59%
Volume254.90K
Volume Incr-17.12%
Vol(5)282.36K
Vol(50)341.36K