LKQ CORP (LKQ) Stock Technical Analysis
NASDAQ:LKQ - Nasdaq - US5018892084 - Common Stock - Currency: USD
Taking everything into account, LKQ scores 1 out of 10 in our technical rating. 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: 70% 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 36.68 - 39.77 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.
LKQ has an average volume of 2000570 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 66% of 19 stocks in the same industry.
LKQ has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
35.63
44.50
When analyzing the support we can see 2 important areas.
- A support zone ranging from 37.89 to 38.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.99 to 36.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 38.73 to 39.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.42 to 40.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.34 from a trend line in the weekly time frame.
- A resistance zone ranging from 43.38 to 44.06. This zone is formed by a combination of multiple trend lines 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 | 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 | 30.43 | NEUTRAL | LKQ is not amongst the best or worst performers 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) | 52.66 | NEUTRAL | The RSI value for LKQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LKQ has a positive trend. |
| Stochastics (14,3) | 25.15 | NEUTRAL | The Stochastics value for LKQ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for LKQ suggests some volalility. |
| Average Directional Index/ADX (14) | 16.9 | 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)
38.48
+1.37 (+3.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg3.69%
1 Week2.64%
2 Weeks-0.31%
1 Month3%
3 Month2.86%
6 Month0.37%
12 Month-4.23%
2 Year-29.77%
3 Year-29.83%
5 Year36.5%
10 Year22.31%
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%2.16%
ATR Inc20.13%
Range Today1.24
ADR(20)0.8
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.43
Mansfield-0.99
10 Day High39.77
10 Day Low36.95
20 Day High39.77
20 Day Low36.68
52 Week High44.82
52 Week Low35.56
CS1 End38.47
CR1 Start38.73
Volume & EV
DER(3)2.79%
DER(5)3.29%
Volume2.35M
Volume Incr-5.99%
Vol(5)1.93M
Vol(50)2.00M