LQR HOUSE INC (LQR) Stock Technical Analysis
NASDAQ:LQR - Nasdaq - US50215C2089 - Common Stock - Currency: USD
Taking everything into account, LQR scores 8 out of 10 in our technical rating. In the last year, LQR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
LQR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
LQR is one of the better performing stocks in the Media industry, it outperforms 86% of 98 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that LQR is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month LQR has a been trading in the 0.82 - 1.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, LQR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.19. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for LQR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.03
1.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.04 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.26 from a trend line in the daily time frame.
- A resistance zone ranging from 1.29 to 1.29. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for LQR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LQR is up. |
| ChartMill Relative Strength | 89.52 | POSITIVE | LQR has a high relative strength, it outperformed 89.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LQR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LQR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LQR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.26 | NEUTRAL | The RSI value for LQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LQR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.01 | NEUTRAL | The Stochastics value for LQR is a neutral value. |
| Average True Range in percent/ATR (20) | 13.33 | HIGH VOLATILITY | The high ATR as a percentage value for LQR suggests high volalility. |
| Average Directional Index/ADX (14) | 37.99 | POSITIVE | The high ADX value value for LQR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.21 | 1.07 | 0.14 (11.57%) | 8.64% |
| An entry @1.21. This is a Buy Stop order right above the resistance zone. | An exit @1.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.14 points, which is 11.57%. | When investing 8.64% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LQR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.15
+0.03 (+2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg2.68%
1 Week5.5%
2 Weeks1.77%
1 Month27.78%
3 Month94.92%
6 Month15%
12 Month-32.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%13.33%
ATR Inc-39.24%
Range Today0.08
ADR(20)0.15
ADR(20)%13.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.52
Mansfield-1.54
10 Day High1.29
10 Day Low1.01
20 Day High1.45
20 Day Low0.82
52 Week High3.47
52 Week Low0.4
CS1 End1.09
CR1 Start1.19
Volume & EV
DER(3)3.39%
DER(5)4.48%
Volume176.60K
Volume Incr-65.32%
Vol(5)107.62K
Vol(50)380.37K