LENDINGTREE INC (TREE) Technical Analysis
NASDAQ:TREE • US52603B1070
Current stock price
TREE Technical Rating and Analysis
Taking everything into account, TREE scores 1 out of 10 in our technical rating. TREE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, TREE is a bad performer in the overall market: 85% of all stocks are doing better.
- TREE is part of the Consumer Finance industry. There are 54 other stocks in this industry, of which 66% are performing better than TREE.
- TREE 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month TREE has a been trading in the 39.82 - 45.93 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TREE Weekly and Daily overview Charts
TREE Setup Rating and Analysis
The technical rating of TREE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TREE Support and Resistance Analysis
37.60
3 important support areas can be observed.
- A support zone ranging from 41.79 to 42.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 40.74 to 40.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.98 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @61.97 from a trend line in the daily time frame.
- Resistance @63.02 from a trend line in the weekly time frame.
TREE Technical Indicator Signal Analysis
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 TREE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TREE is neutral. |
| ChartMill Relative Strength | 15.89 | NEGATIVE | TREE has a low relative strength, it was outperformed by 84.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TREE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TREE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TREE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.87 | NEUTRAL | The RSI value for TREE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests TREE has a positive trend. |
| Stochastics (14,3) | 70.27 | NEUTRAL | The Stochastics value for TREE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for TREE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.3 | NEGATIVE | The low ADX value for TREE suggests a weak or negative trend. |
TREE Chart- and CandleStick Pattern Analysis
TREE Technicals: Chart, Performance Metrics, Trend & Indicators
45.29
+1.95 (+4.5%)
LENDINGTREE INC / TREE TA FAQ
What is the ChartMill technical rating of LENDINGTREE INC (TREE) stock?
ChartMill assigns a technical rating of 1 / 10 to TREE.
Can you provide the trend direction for LENDINGTREE INC?
The current trend direction for LENDINGTREE INC (TREE) is Bearish.
What is the RSI signal for TREE stock?
LENDINGTREE INC (TREE) has an RSI value of 58.8701. This indicates that the stock is currently neutral.
What are the support and resistance levels for LENDINGTREE INC (TREE) stock?
LENDINGTREE INC (TREE) has a support level at 42.26 and a resistance level at 61.97. Check the full technical report for our detailed analysis of TREE support and resistance levels.