LEAR CORP (LEA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LEA - US5218652049 - Common Stock
Taking everything into account, LEA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LEA is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, LEA did better than 81% of all other stocks. We also observe that the gains produced by LEA over the past year are nicely spread over this period.
- LEA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LEA is lagging the market slightly.
- In the last month LEA has a been trading in the 114.33 - 127.36 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- LEA is part of the Automobile Components industry. There are 42 other stocks in this industry, LEA did better than 56% of them.
Besides having an excellent technical rating, LEA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 115.42, a Stop Loss order could be placed below this zone.
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95.81
4 important support areas can be observed.
- A support zone ranging from 114.49 to 115.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @108.72 from a trend line in the weekly time frame.
- A support zone ranging from 102.73 to 104.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @96.78 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 121.33 to 126.15. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 81.88 | POSITIVE | LEA has a high relative strength, it outperformed 81.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LEA is below 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) | 52.8 | NEUTRAL | The RSI value for LEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests LEA has a negative trend. |
| Stochastics (14,3) | 27.17 | NEUTRAL | The Stochastics value for LEA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for LEA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.09 | POSITIVE | The high ADX value value for LEA suggests a strong 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 |
|---|---|---|---|
| 122.00 | 117.53 | 4.47 (3.66%) | 25.00% |
| An entry @122.00. This is a Buy Stop order right above the 10 day moving average. | An exit @117.53. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.47 points, which is 3.66%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of LEA. 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.
120.54
+0.33 (+0.27%)
LEAR CORP / LEA FAQ
Can you provide the ChartMill technical rating for LEAR CORP?
ChartMill assigns a technical rating of 10 / 10 to LEA.
What is the trend direction for 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 52.8004. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LEAR CORP?
The MACD indicator for LEAR CORP (LEA) has a value of -0.805824, indicating a bearish trend.
Can you provide the short term momentum for LEAR CORP?
The short term momentum for LEAR CORP (LEA) is positive.