LOVESAC CO/THE (LOVE)

US54738L1098 - Common Stock

23.98  +0.6 (+2.57%)

After market: 23.98 0 (0%)

Technical Rating and Analysis

3

Overall LOVE gets a technical rating of 3 out of 10. In the past year, LOVE 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.

74% of all other stocks performed better in the past year than LOVE.
LOVE is one of the lesser performing stocks in the Household Durables industry. 68% of 67 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month LOVE has a been trading in the 18.21 - 25.09 range, which is quite wide. It is currently trading near the high of this range.
LOVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LOVE is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
LOVE Weekly chart
LOVE Daily chart
Setup Rating and Analysis

3

The technical rating of LOVE is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

19.17

29.71

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 21.68 to 22.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.25 from a trend line in the weekly time frame.
  • Support @19.36 from a trend line in the daily time frame.

4 important resistance areas can be observed.

  • Resistance @23.99 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 24.39 to 24.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @26.45 from a trend line in the weekly time frame.
  • A resistance zone ranging from 29.28 to 29.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.46
Mansfield-0.55
10 Day High24.18
10 Day Low20.97
20 Day High25.09
20 Day Low18.21
52 Week High29.81
52 Week Low14.18
Performance
1 Week8.02%
2 Weeks9.4%
1 Month-1.32%
3 Month-3.07%
6 Month43.51%
12 Month-4.73%
2 Year-31.15%
3 Year-71.12%
5 Year-33.48%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.3
RSI(14)63.15
LBB19.99
UBB23.94
LOVE Daily chart

LOVESAC CO/THE

NASDAQ:LOVE (5/6/2024, 7:12:33 PM)

After market: 23.98 0 (0%)

23.98

+0.6 (+2.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.57%
1 Week8.02%
2 Weeks9.4%
1 Month-1.32%
3 Month-3.07%
6 Month43.51%
12 Month-4.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.91
ATR(20)%5.08%
ATR Inc
Range Today0.97
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.18
10 Day Low20.97
20 Day High25.09
20 Day Low18.21
52 Week High29.81
52 Week Low14.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume275.40K
Volume Incr-38.97%
Vol(5)305.02K
Vol(50)341.62K