LA QUINTA HLDGS INC (LQ) Stock Technical Analysis
NYSE:LQ - New York Stock Exchange, Inc. - US50420D1081
Overall LQ gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LQ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that LQ is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by LQ over the past year are nicely spread over this period.
LQ is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month LQ has a been trading in the 19.00 - 21.74 range, which is quite wide. It is currently trading near the high of this range.
LQ has an average volume of 1616410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although LQ has an excellent technical rating, it does not offer a high 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.
More info and screens
18.62
21.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.22 to 19.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.81 from a trend 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 | UP | POSITIVE | The long term trend for LQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LQ is up. |
| ChartMill Relative Strength | 89.82 | POSITIVE | LQ has a high relative strength, it outperformed 89.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.66 | OVERBOUGHT | The high RSI value suggests LQ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LQ has a positive trend. |
| Stochastics (14,3) | 78.63 | NEUTRAL | The Stochastics value for LQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for LQ suggests low volalility. |
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)
21.62
+1.05 (+5.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.1%
1 Week4.09%
2 Weeks5.57%
1 Month11.16%
3 Month19.32%
6 Month20.78%
12 Month49.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.83%
ATR Inc101.49%
Range Today1.08
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
CRS89.82
Mansfield1.69
10 Day High21.74
10 Day Low20.42
20 Day High21.74
20 Day Low19
52 Week High21.74
52 Week Low13.86
CS1 End19.93
CR1 StartN/A
Volume & EV
DER(3)-5.29%
DER(5)-1.76%
Volume3.78M
Volume Incr15.6%
Vol(5)1.89M
Vol(50)1.62M