LKQ CORP (LKQ) Stock Technical Analysis
NASDAQ:LKQ - US5018892084 - Common Stock
32.09 USD
-0.22 (-0.68%)
32.09 USD
0 (0%)
Overall LKQ gets a technical rating of 1 out of 10. LKQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, LKQ is a bad performer in the overall market: 90% of all stocks are doing better.
LKQ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LKQ has a been trading in the 30.12 - 32.86 range, which is quite wide. It is currently trading near the high of this range.
LKQ has an average volume of 3641220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LKQ is an average performer in the Distributors industry, it outperforms 57% of 22 stocks in the same industry.
Although the technical rating is bad, LKQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 32.26. Right above this resistance zone may be a good entry point.
More info and screens
28.95
43.81
We found 1 important support area.
- A support zone ranging from 29.24 to 29.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 32.26 to 32.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @35.21 from a trend line in the daily time frame.
- Resistance @37.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 39.04 to 39.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.98 from a trend line in the weekly time frame.
- Resistance @43.38 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for LKQ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LKQ is neutral. |
| ChartMill Relative Strength | 10.83 | NEGATIVE | LKQ has a low relative strength, it was outperformed by 89.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LKQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LKQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LKQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.25 | NEUTRAL | The RSI value for LKQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests LKQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.95 | NEUTRAL | The Stochastics value for LKQ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for LKQ suggests some volalility. |
| Average Directional Index/ADX (14) | 17.22 | NEGATIVE | The low ADX value for LKQ suggests a weak or negative 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)
32.09
-0.22 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-0.68%
1 Week0.34%
2 Weeks1.97%
1 Month6.54%
3 Month-15.82%
6 Month-22.97%
12 Month-21.81%
2 Year-35.18%
3 Year-31.94%
5 Year15.72%
10 Year13.15%
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%2.38%
ATR Inc-23.37%
Range Today0.51
ADR(20)0.75
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
CRS10.83
Mansfield-2.35
10 Day High32.86
10 Day Low31.41
20 Day High32.86
20 Day Low30.12
52 Week High44.82
52 Week Low28.92
CS1 End29.46
CR1 Start32.26
Volume & EV
DER(3)-0.28%
DER(5)0.1%
Volume2.51M
Volume Incr-35.26%
Vol(5)2.86M
Vol(50)3.64M