LAD Technical Analysis - LITHIA MOTORS INC

Technical Rating and Analysis

Overall LAD gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LAD is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.

In the last month LAD has a been trading in the 300.00 - 347.88 range, which is quite wide. It is currently trading near the high of this range.

When compared to the yearly performance of all other stocks, LAD outperforms 65% of them, which is more or less in line with the market.

LAD is an average performer in the Specialty Retail industry, it outperforms 57% of 123 stocks in the same industry.

LAD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LAD is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

LITHIA MOTORS INC / LAD Weekly stock chart

LITHIA MOTORS INC / LAD Daily stock chart

Setup Rating and Analysis

LAD has an excellent technical rating, but 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

257.03

360.18

We found 2 important support areas.

A support zone ranging from 275.94 to 292.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @259.63 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 338.18 to 343.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 352.91 to 356.61. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The long term trend for LAD is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for LAD is up.
ChartMill Relative Strength	65.49	NEUTRAL	LAD is not amongst the best or worst performers 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)	DOWN	MIXED	The current price of LAD is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of LAD is above a declining SMA(200).
Relative Strength Index/RSI (14)	54.74	NEUTRAL	The RSI value for LAD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.57	POSITIVE	The MACD value suggests LAD has a positive trend, although the MACD value is declining.
Stochastics (14,3)	70.4	NEUTRAL	The Stochastics value for LAD is a neutral value.
Average True Range in percent/ATR (20)	2.55	MEDIUM VOLATILITY	The ATR as a percentage value for LAD suggests some volalility.
Average Directional Index/ADX (14)	30.61	POSITIVE	The high ADX value value for LAD suggests a strong trend.