LITHIA MOTORS INC (LAD) Stock Technical Analysis
NYSE:LAD - New York Stock Exchange, Inc. - US5367971034 - Common Stock - Currency: USD
Taking everything into account, LAD scores 9 out of 10 in our technical rating. LAD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, LAD did better than 85% of all other stocks.
LAD is part of the Specialty Retail industry. There are 122 other stocks in this industry. LAD outperforms 80% of them.
In the last month LAD has a been trading in the 306.39 - 343.15 range, which is quite wide. It is currently trading near the high of this range.
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.
LAD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
254.51
398.21
When analyzing the support we can see 5 important areas.
- Support @305.65 from a horizontal line in the daily time frame.
- Support @293.38 from a trend line in the weekly time frame.
- Support @282.05 from a horizontal line in the weekly time frame.
- Support @275.94 from a horizontal line in the weekly time frame.
- Support @257.08 from a trend line in the weekly time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 331.44 to 332.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @339.36 from a horizontal line in the daily time frame.
- Resistance @361.82 from a trend line in the weekly time frame.
- Resistance @370.73 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 | 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 | 85.99 | POSITIVE | LAD has a high relative strength, it outperformed 85.99% 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 | POSITIVE | The current price of LAD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.46 | NEUTRAL | The RSI value for LAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests LAD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.07 | NEUTRAL | The Stochastics value for LAD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for LAD suggests some volalility. |
| Average Directional Index/ADX (14) | 13.92 | 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 |
|---|---|---|---|
| 332.21 | 321.25 | 10.96 (3.30%) | 25.00% |
| An entry @332.21. This is a Buy Stop order right above the resistance zone. | An exit @321.25. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.96 points, which is 3.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- 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.
331.37
-7.98 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.35%
1 Week1.29%
2 Weeks-1.6%
1 Month4.9%
3 Month14.31%
6 Month-8.2%
12 Month31.26%
2 Year8.96%
3 Year20.58%
5 Year118.97%
10 Year192.83%
15 Year5261.97%
Volatility
ATR(14)7.67
ATR(20)%2.3%
ATR Inc0.28%
Range Today7.78
ADR(20)7.26
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.99
Mansfield-0.2
10 Day High343.15
10 Day Low321.26
20 Day High343.15
20 Day Low306.39
52 Week High405.68
52 Week Low243.04
CS1 End305.65
CR1 Start331.44
Volume & EV
DER(3)-3.05%
DER(5)-1.85%
Volume175.60K
Volume Incr-11.18%
Vol(5)220.04K
Vol(50)287.70K