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 one of the better performing stocks in the Specialty Retail industry, it outperforms 75% of 120 stocks in the same industry.
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.
In the last month LAD has a been trading in the 280.95 - 329.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LAD has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
253.59
398.21
We found 5 important support areas.
- A support zone ranging from 308.62 to 311.59. 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 316.84 to 317.43. 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 @374.02 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 | 75.49 | POSITIVE | LAD has a high relative strength, it outperformed 75.49% 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) | 56.23 | NEUTRAL | The RSI value for LAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests LAD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.91 | NEUTRAL | The Stochastics value for LAD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for LAD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.35 | 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)
315.88
+4.43 (+1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.42%
1 Week-1.93%
2 Weeks-1.84%
1 Month8.62%
3 Month-8.29%
6 Month-18.36%
12 Month24.78%
2 Year35.41%
3 Year3.75%
5 Year161.95%
10 Year196.74%
15 Year3766.34%
Volatility
ATR(14)8.84
ATR(20)%2.74%
ATR Inc-5.54%
Range Today5.86
ADR(20)7.74
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.49
Mansfield-0.3
10 Day High329.24
10 Day Low301.54
20 Day High329.26
20 Day Low280.95
52 Week High405.68
52 Week Low243.04
CS1 End311.59
CR1 Start316.84
Volume & EV
DER(3)-4.49%
DER(5)-4.12%
Volume211.40K
Volume Incr-17.03%
Vol(5)285.84K
Vol(50)341.65K