LITB Technical Analysis - LIGHTINTHEBOX HOLDING-ADR

Technical Rating and Analysis

Overall LITB gets a technical rating of 9 out of 10. 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.

Both the short term and long term trends are positive. This is a very positive sign.

LITB is one of the better performing stocks in the Specialty Retail industry, it outperforms 76% of 122 stocks in the same industry.

In the last month LITB has a been trading in the 1.17 - 2.32 range, which is quite wide. It is currently trading near the high of this range.

Looking at the yearly performance, LITB did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.

LITB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LITB is lagging the market.

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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

LITB has an excellent technical rating and 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 1.91, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.08

2.17

When analyzing the support we can see 5 important areas.

A support zone ranging from 1.90 to 1.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @1.23 from a trend line in the weekly time frame.
Support @1.20 from a trend line in the daily time frame.
Support @1.15 from a trend line in the daily time frame.
Support @1.09 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 2.05 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 2.14 to 2.15. This zone is formed by a combination of multiple trend lines 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	UP	POSITIVE	The short term trend for LITB is up.
ChartMill Relative Strength	84.87	POSITIVE	LITB has a high relative strength, it outperformed 84.87% 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)	60.12	NEUTRAL	The RSI value for LITB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests LITB has a negative trend.
Stochastics (14,3)	51.82	NEUTRAL	The Stochastics value for LITB is a neutral value.
Average True Range in percent/ATR (20)	11.02	HIGH VOLATILITY	The high ATR as a percentage value for LITB suggests high volalility.
Average Directional Index/ADX (14)	49.72	POSITIVE	The high ADX value value for LITB suggests a strong trend.