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 3 out of 10 to LAD. LAD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month LAD has a been trading in the 305.00 - 359.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, LAD outperforms 67% of them, which is more or less in line with the market.
LAD is part of the Specialty Retail industry. There are 122 other stocks in this industry, LAD did better than 67% of them.
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.
The technical rating of LAD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
255.19
386.82
We found 4 important support areas.
- Support @296.21 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 @257.77 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 352.11 to 359.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @382.99 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 | DOWN | NEGATIVE | The short term trend for LAD is down. |
| ChartMill Relative Strength | 67.49 | NEUTRAL | LAD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LAD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LAD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LAD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.93 | NEUTRAL | The RSI value for LAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.11 | NEGATIVE | The MACD value suggests LAD has a negative trend. |
| Stochastics (14,3) | 16.46 | OVERSOLD | The low Stochastics value suggests LAD may be oversold. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for LAD suggests some volalility. |
| Average Directional Index/ADX (14) | 19.97 | 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)
307.66
-23.57 (-7.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-7.12%
1 Week-13.72%
2 Weeks-12.57%
1 Month-5.96%
3 Month6.62%
6 Month-12.68%
12 Month21.31%
2 Year-0.92%
3 Year15.98%
5 Year34.26%
10 Year157.05%
15 Year3396.14%
Volatility
ATR(14)10.87
ATR(20)%3.25%
ATR Inc80%
Range Today26.13
ADR(20)9.81
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.49
Mansfield-1.27
10 Day High359
10 Day Low305
20 Day High359
20 Day Low305
52 Week High405.68
52 Week Low247.01
CS1 End296.21
CR1 Start352.11
Volume & EV
DER(3)0.37%
DER(5)0.4%
Volume629.10K
Volume Incr61.13%
Vol(5)337.90K
Vol(50)243.70K