We assign a technical rating of 10 out of 10 to TREE. In the last year, TREE 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that TREE is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by TREE over the past year are nicely spread over this period.
- TREE is one of the better performing stocks in the Consumer Finance industry, it outperforms 88% of 53 stocks in the same industry.
- TREE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TREE is lagging the market slightly.
- In the last month TREE has a been trading in the 51.37 - 68.93 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although TREE has an excellent technical rating, it does not present a decent entry opportunity 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
33.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 53.29 to 53.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.49 from a horizontal line in the daily 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 67.60 to 68.01. 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 | UP | POSITIVE | The long term trend for TREE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TREE is up. |
| ChartMill Relative Strength | 85.5 | POSITIVE | TREE has a high relative strength, it outperformed 85.5% 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) | UP | POSITIVE | The current price of TREE is above the rising 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) | 54.98 | NEUTRAL | The RSI value for TREE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests TREE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.03 | OVERBOUGHT | The high Stochastics value suggests TREE may be overbought. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for TREE suggests high volalility. |
| Average Directional Index/ADX (14) | 27.1 | POSITIVE | The high ADX value value for TREE suggests a strong trend. |
62.37
-5.12 (-7.59%)
LENDINGTREE INC / TREE FAQ
What is the ChartMill technical rating of LENDINGTREE INC (TREE) stock?
ChartMill assigns a technical rating of 10 / 10 to TREE.
Can you provide the trend direction for LENDINGTREE INC?
The current trend direction for LENDINGTREE INC (TREE) is Bullish.
Can you provide the RSI signal for LENDINGTREE INC?
LENDINGTREE INC (TREE) has an RSI value of 54.9833. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LENDINGTREE INC?
The MACD indicator for LENDINGTREE INC (TREE) has a value of 0.68255, indicating a bearish trend.
What are the support and resistance levels for LENDINGTREE INC (TREE) stock?
LENDINGTREE INC (TREE) has a support level at 53.65 and a resistance level at 67.6. Check the full technical report for our detailed analysis of TREE support and resistance levels.