LKQ CORP (LKQ) Stock Technical Analysis
NASDAQ:LKQ - Nasdaq - US5018892084 - Common Stock - Currency: USD
Taking everything into account, LKQ scores 7 out of 10 in our technical rating. Although LKQ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
LKQ is one of the better performing stocks in the Distributors industry, it outperforms 93% of 17 stocks in the same industry.
LKQ has an average volume of 2808460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, LKQ outperforms 55% of them, which is more or less in line with the market.
LKQ is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month LKQ has a been trading in the 38.07 - 43.47 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, LKQ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 41.42, a Stop Loss order could be placed below this zone.
More info and screens
35.63
47.03
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.78 to 41.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.93 to 38.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 35.99 to 36.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @42.15 from a trend line in the weekly time frame.
- A resistance zone ranging from 43.39 to 44.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.56 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.49
Mansfield1.12
10 Day High42.5
10 Day Low38.07
20 Day High43.47
20 Day Low38.07
52 Week High49.5
52 Week Low35.56
Performance
1 Week2.24%
2 Weeks-0.36%
1 Month2.56%
3 Month9.28%
6 Month6.92%
12 Month-14.43%
2 Year-27.2%
3 Year-15.31%
5 Year60.73%
10 Year55.26%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.36
LBB39.14
UBB44.05
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 |
|---|---|---|---|
| 42.16 | 40.77 | 1.39 (3.30%) | 25.00% |
| An entry @42.16. This is a Buy Stop order right above the resistance zone. | An exit @40.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.39 points, which is 3.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- The distance between exit and entry is rather small compared to the average daily movement of LKQ. 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.
42.03
+0.65 (+1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg1.57%
1 Week2.24%
2 Weeks-0.36%
1 Month2.56%
3 Month9.28%
6 Month6.92%
12 Month-14.43%
2 Year-27.2%
3 Year-15.31%
5 Year60.73%
10 Year55.26%
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%3.15%
ATR Inc-44.46%
Range Today0.92
ADR(20)1.31
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.49
Mansfield1.12
10 Day High42.5
10 Day Low38.07
20 Day High43.47
20 Day Low38.07
52 Week High49.5
52 Week Low35.56
CS1 End41.42
CR1 Start42.15
Volume & EV
DER(3)-0.38%
DER(5)-0.65%
Volume1.64M
Volume Incr-48.46%
Vol(5)1.61M
Vol(50)2.81M