Taking everything into account, LKQ scores 2 out of 10 in our technical rating. In the past year, LKQ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, LKQ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 30.22. Right above this resistance zone may be a good entry point.
27.89
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 5 important areas.
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 | 23.76 | NEGATIVE | LKQ has a low relative strength, it was outperformed by 76.24% 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) | UP | POSITIVE | The current price of LKQ is above the rising 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) | 50.78 | NEUTRAL | The RSI value for LKQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests LKQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.72 | NEUTRAL | The Stochastics value for LKQ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for LKQ suggests some volalility. |
| Average Directional Index/ADX (14) | 11.8 | NEGATIVE | The low ADX value for LKQ suggests a weak or negative trend. |
30.2
-0.61 (-1.98%)
ChartMill assigns a technical rating of 2 / 10 to LKQ.
The current trend direction for LKQ CORP (LKQ) is Bearish.
LKQ CORP (LKQ) has an RSI value of 50.7849. This indicates that the stock is currently neutral.
The short term momentum for LKQ CORP (LKQ) is neutral.