LEAR CORP (LEA) Stock Technical Analysis
NYSE:LEA - New York Stock Exchange, Inc. - US5218652049 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to LEA. Although LEA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
LEA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, LEA turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
LEA is an average performer in the Automobile Components industry, it outperforms 46% of 80 stocks in the same industry.
LEA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LEA is lagging the market.
LEA 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
94.92
110.05
We found 2 important support areas.
- A support zone ranging from 104.00 to 104.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 95.88 to 98.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 106.17 to 108.96. 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 | 52.28 | NEUTRAL | LEA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of LEA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.96 | NEUTRAL | The RSI value for LEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests LEA has a negative trend. |
| Stochastics (14,3) | 65.35 | NEUTRAL | The Stochastics value for LEA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for LEA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.17 | POSITIVE | The high ADX value value for LEA suggests a strong 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 |
|---|---|---|---|
| 108.97 | 103.99 | 4.98 (4.57%) | 21.88% |
| An entry @108.97. This is a Buy Stop order right above the resistance zone. | An exit @103.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.98 points, which is 4.57%. | When investing 21.88% 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.
105.81
+0.3 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.28%
1 Week0.53%
2 Weeks-0.18%
1 Month16.24%
3 Month25.22%
6 Month9.89%
12 Month-12.85%
2 Year-31.63%
3 Year-29.99%
5 Year-4.14%
10 Year1.67%
15 Year170.72%
Volatility
ATR(14)2.48
ATR(20)%2.41%
ATR Inc15.29%
Range Today3.27
ADR(20)2.46
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.28
Mansfield-0.02
10 Day High109.48
10 Day Low103.33
20 Day High109.48
20 Day Low91.72
52 Week High125.09
52 Week Low73.85
CS1 End104
CR1 Start106.17
Volume & EV
DER(3)2.6%
DER(5)-0.06%
Volume800.70K
Volume Incr-4.9%
Vol(5)624.67K
Vol(50)658.57K