LENDINGTREE INC (TREE) Stock Technical Analysis
USA - NASDAQ:TREE - US52603B1070 - Common Stock
Overall TREE gets a technical rating of 6 out of 10. In the last year, TREE was one of the better performers, but we do observe some doubts in the very recent evolution.
TREE has an average technical rating and it also does not offer a high 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.
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33.79
When analyzing the support we can see 5 important areas.
- Support @59.08 from a trend line in the daily time frame.
- Support @56.90 from a horizontal line in the weekly time frame.
- Support @54.67 from a horizontal line in the daily time frame.
- Support @36.03 from a trend line in the weekly time frame.
- Support @34.13 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @64.01 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 65.69 to 65.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 TREE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TREE is neutral. |
| ChartMill Relative Strength | 85.66 | POSITIVE | TREE has a high relative strength, it outperformed 85.66% 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 | 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) | 49.48 | NEUTRAL | The RSI value for TREE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests TREE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.62 | NEUTRAL | The Stochastics value for TREE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for TREE suggests high volalility. |
| Average Directional Index/ADX (14) | 27.51 | POSITIVE | The high ADX value value for TREE suggests a strong trend. |
62.02
-3.72 (-5.66%)
LENDINGTREE INC / TREE FAQ
What is the ChartMill technical rating of LENDINGTREE INC (TREE) stock?
ChartMill assigns a technical rating of 6 / 10 to TREE.
What is the trend direction for TREE stock?
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 49.4839. 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 0.771468, indicating a bearish trend.
What is the support and resistance level for TREE stock?
LENDINGTREE INC (TREE) has a support level at 59.08 and a resistance level at 64.01. Check the full technical report for our detailed analysis of TREE support and resistance levels.