LMP AUTOMOTIVE HOLDINGS INC (LMPX) Stock Technical Analysis
NASDAQ:LMPX - Nasdaq - US53952P1012 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to LMPX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LMPX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
LMPX is one of the better performing stocks in the Specialty Retail industry, it outperforms 95% of 123 stocks in the same industry.
In the last month LMPX has a been trading in the 5.02 - 9.25 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, LMPX did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
LMPX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LMPX is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Although LMPX 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.
More info and screens
3.74
8.98
When analyzing the support we can see 2 important areas.
- Support @5.71 from a trend line in the daily time frame.
- Support @3.78 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.87 to 8.89. 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 | UP | POSITIVE | The long term trend for LMPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LMPX is up. |
| ChartMill Relative Strength | 95.05 | POSITIVE | LMPX has a high relative strength, it outperformed 95.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LMPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LMPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LMPX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.34 | OVERBOUGHT | The high RSI value suggests LMPX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests LMPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.73 | OVERBOUGHT | The high Stochastics value suggests LMPX may be overbought. |
| Average True Range in percent/ATR (20) | 8.64 | HIGH VOLATILITY | The high ATR as a percentage value for LMPX suggests high volalility. |
| Average Directional Index/ADX (14) | 49.16 | POSITIVE | The high ADX value value for LMPX suggests a strong 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)
8.45
-0.3 (-3.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-3.43%
1 Week-2.31%
2 Weeks13.27%
1 Month65.36%
3 Month89.04%
6 Month70.36%
12 Month-49.97%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%8.64%
ATR Inc-35.76%
Range Today0.67
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.05
Mansfield1.33
10 Day High9.25
10 Day Low7.25
20 Day High9.25
20 Day Low5.02
52 Week High18.07
52 Week Low3.35
CS1 End5.71
CR1 Start8.87
Volume & EV
DER(3)2.6%
DER(5)11.3%
Volume236.40K
Volume Incr20.92%
Vol(5)119.24K
Vol(50)71.14K