LITHIA MOTORS INC (LAD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LAD - US5367971034 - Common Stock
Taking everything into account, LAD scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, LAD is a bad performer.
LAD has an excellent technical rating and also presents a decent setup pattern. 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 very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
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273.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 339.65 to 342.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 293.26 to 297.38. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 275.94 to 287.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @356.60 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 | 37.89 | 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) | 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) | 61.77 | NEUTRAL | The RSI value for LAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests LAD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.59 | NEUTRAL | The Stochastics value for LAD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for LAD suggests some volalility. |
| Average Directional Index/ADX (14) | 20.74 | NEUTRAL | The ADX value for LAD suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 356.61 | 339.64 | 16.97 (4.76%) | 21.01% |
| An entry @356.61. This is a Buy Stop order right above the resistance zone. | An exit @339.64. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 16.97 points, which is 4.76%. | When investing 21.01% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
343.89
+4.23 (+1.25%)
LITHIA MOTORS INC / LAD FAQ
What is the technical rating for LAD stock?
ChartMill assigns a technical rating of 7 / 10 to LAD.
What is the current trend direction of LITHIA MOTORS INC (LAD) stock?
The current trend direction for LITHIA MOTORS INC (LAD) is Bullish.
What is the RSI signal for LITHIA MOTORS INC (LAD) stock?
LITHIA MOTORS INC (LAD) has an RSI value of 61.7681. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LITHIA MOTORS INC?
The short term momentum for LITHIA MOTORS INC (LAD) is positive.
What is the buy/sell signal for LAD stock?
The buy/sell signal for LITHIA MOTORS INC (LAD) is buy as both the short term and long term trends are positive.