LOVESAC CO/THE (LOVE) Stock Technical Analysis
USA - NASDAQ:LOVE - US54738L1098 - Common Stock
Overall LOVE gets a technical rating of 0 out of 10. LOVE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, LOVE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
13.00
When analyzing the support we notice one important area.
- Support @13.13 from a trend line in the daily time frame.
6 important resistance areas can be observed.
- Resistance @13.93 from a trend line in the daily time frame.
- A resistance zone ranging from 14.96 to 15.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.68 to 16.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.82 from a trend line in the daily time frame.
- A resistance zone ranging from 20.31 to 20.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.95 from a horizontal line in the daily 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 LOVE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOVE is down. |
| ChartMill Relative Strength | 4.96 | NEGATIVE | LOVE has a low relative strength, it was outperformed by 95.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOVE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LOVE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LOVE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.7 | NEUTRAL | The RSI value for LOVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LOVE has a positive trend. |
| Stochastics (14,3) | 17.91 | OVERSOLD | The low Stochastics value suggests LOVE may be oversold. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for LOVE suggests some volalility. |
| Average Directional Index/ADX (14) | 26.79 | POSITIVE | The high ADX value value for LOVE suggests a strong trend. |
13.57
+0.18 (+1.34%)
LOVESAC CO/THE / LOVE FAQ
What is the technical rating for LOVE stock?
ChartMill assigns a technical rating of 0 / 10 to LOVE.
What is the trend direction for LOVE stock?
The current trend direction for LOVESAC CO/THE (LOVE) is Bearish.
What is the RSI signal for LOVE stock?
LOVESAC CO/THE (LOVE) has an RSI value of 36.7014. This indicates that the stock is currently neutral.
What is the MACD signal for LOVESAC CO/THE (LOVE) stock?
The MACD indicator for LOVESAC CO/THE (LOVE) has a value of 0.0306068, indicating a bearish trend.
Can you provide the short term momentum for LOVESAC CO/THE?
The short term momentum for LOVESAC CO/THE (LOVE) is negative.