Taking everything into account, TREE scores 2 out of 10 in our technical rating. TREE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, TREE does present a nice setup opportunity. 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 57.04. Right above this resistance zone may be a good entry point.
More info and screens
33.79
We found 3 important support areas.
- Support @51.54 from a trend line in the daily time frame.
- Support @49.11 from a horizontal line in the weekly time frame.
- Support @34.13 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 57.04 to 57.20. 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 | NEUTRAL | NEUTRAL | The long term trend for TREE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TREE is neutral. |
| ChartMill Relative Strength | 70.32 | POSITIVE | TREE has a high relative strength, it outperformed 70.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TREE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TREE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TREE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.29 | NEUTRAL | The RSI value for TREE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests TREE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.16 | NEUTRAL | The Stochastics value for TREE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for TREE suggests some volalility. |
| Average Directional Index/ADX (14) | 13.02 | NEGATIVE | The low ADX value for TREE suggests a weak or negative trend. |
53.29
-0.78 (-1.44%)
LENDINGTREE INC / TREE FAQ
What is the ChartMill technical rating of LENDINGTREE INC (TREE) stock?
ChartMill assigns a technical rating of 2 / 10 to TREE.
What is the trend direction for TREE stock?
The current trend direction for LENDINGTREE INC (TREE) is Bearish.
Can you provide the RSI signal for LENDINGTREE INC?
LENDINGTREE INC (TREE) has an RSI value of 47.2917. This indicates that the stock is currently neutral.
What is the MACD signal for TREE stock?
The MACD indicator for LENDINGTREE INC (TREE) has a value of 0.193288, indicating a bearish trend.
What is the support and resistance level for TREE stock?
LENDINGTREE INC (TREE) has a support level at 51.54 and a resistance level at 57.04. Check the full technical report for our detailed analysis of TREE support and resistance levels.