LITB Technical Analysis - LIGHTINTHEBOX HOLDING-ADR

Technical Rating and Analysis

Taking everything into account, LITB scores 8 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, LITB is showing a nice and steady performance.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

LITB is part of the Specialty Retail industry. There are 120 other stocks in this industry. LITB outperforms 84% of them.

LITB 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 LITB is lagging the market slightly.

In the last month LITB has a been trading in the 1.85 - 2.23 range, which is quite wide. It is currently trading near the high of this range.

Looking at the yearly performance, LITB did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

LIGHTINTHEBOX HOLDING-ADR / LITB Weekly stock chart

LIGHTINTHEBOX HOLDING-ADR / LITB Daily stock chart

Setup Rating and Analysis

Although LITB has an excellent technical rating, it does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.21

2.28

We found 4 important support areas.

A support zone ranging from 2.16 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @1.84 from a horizontal line in the daily time frame.
Support @1.25 from a trend line in the weekly time frame.
Support @1.22 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

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 LITB is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for LITB is neutral.
ChartMill Relative Strength	86.02	POSITIVE	LITB has a high relative strength, it outperformed 86.02% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of LITB is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of LITB is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of LITB is above the rising SMA(200).
Relative Strength Index/RSI (14)	60.79	NEUTRAL	The RSI value for LITB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests LITB has a negative trend, although the MACD value is rising.
Stochastics (14,3)	40.34	NEUTRAL	The Stochastics value for LITB is a neutral value.
Average True Range in percent/ATR (20)	6.98	HIGH VOLATILITY	The high ATR as a percentage value for LITB suggests high volalility.
Average Directional Index/ADX (14)	34.29	POSITIVE	The high ADX value value for LITB suggests a strong trend.