LEAR CORP (LEA) Stock Technical Analysis
USA - NYSE:LEA - US5218652049 - Common Stock
Taking everything into account, LEA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LEA is only an average performer.
Although LEA has an excellent technical rating, it does not present a decent entry opportunity 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
95.81
We found 4 important support areas.
- Support @109.44 from a trend line in the weekly time frame.
- A support zone ranging from 103.02 to 104.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.77 to 100.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 96.78 to 96.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 111.05 to 112.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 LEA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LEA is up. |
| ChartMill Relative Strength | 79.77 | POSITIVE | LEA has a high relative strength, it outperformed 79.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.22 | NEUTRAL | The RSI value for LEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests LEA has a positive trend. |
| Stochastics (14,3) | 85.98 | OVERBOUGHT | The high Stochastics value suggests LEA may be overbought. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for LEA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.17 | POSITIVE | The high ADX value value for LEA suggests a strong trend. |
110.13
+1.72 (+1.59%)
LEAR CORP / LEA FAQ
Can you provide the ChartMill technical rating for LEAR CORP?
ChartMill assigns a technical rating of 8 / 10 to LEA.
What is the current trend direction of LEAR CORP (LEA) stock?
The current trend direction for LEAR CORP (LEA) is Bullish.
What is the RSI signal for LEAR CORP (LEA) stock?
LEAR CORP (LEA) has an RSI value of 67.2217. This indicates that the stock is currently neutral.
What is the short term momentum for LEA stock?
The short term momentum for LEAR CORP (LEA) is positive.
What are the support and resistance levels for LEAR CORP (LEA) stock?
LEAR CORP (LEA) has a support level at 109.44 and a resistance level at 111.05. Check the full technical report for our detailed analysis of LEA support and resistance levels.