LOVESAC CO/THE (LOVE)

US54738L1098 - Common Stock

27.37  +0.68 (+2.55%)

Technical Rating and Analysis

2

Overall LOVE gets a technical rating of 2 out of 10. LOVE 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.

In the last month LOVE has a been trading in the 24.73 - 39.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
LOVE is one of the better performing stocks in the Household Durables industry, it outperforms 73% of 66 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, LOVE outperforms 48% of them, which is more or less in line with the market.
LOVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LOVE is lagging the market.
Weekly and Daily overview Charts
LOVE Weekly chart
LOVE Daily chart
Setup Rating and Analysis

3

The technical rating of LOVE 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.

Support and Resistance Analysis

21.29

38.85

5 important support areas can be observed.

  • A support zone ranging from 25.74 to 26.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @24.46 from a trend line in the weekly time frame.
  • Support @23.22 from a trend line in the weekly time frame.
  • Support @22.34 from a trend line in the daily time frame.
  • Support @21.50 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @38.47 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.74
Mansfield-0.65
10 Day High39.49
10 Day Low24.73
20 Day High39.49
20 Day Low24.73
52 Week High39.49
52 Week Low18.21
Performance
1 Week-28.25%
2 Weeks-29.87%
1 Month-15.67%
3 Month2.18%
6 Month14.75%
12 Month1.1%
2 Year21.26%
3 Year-59.72%
5 Year66.29%
10 YearN/A
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)-1.6
RSI(14)32.97
LBB24.26
UBB44.61
LOVE Daily chart

LOVESAC CO/THE

NASDAQ:LOVE (12/18/2024, 2:47:09 PM)

27.37

+0.68 (+2.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.55%
1 Week-28.25%
2 Weeks-29.87%
1 Month-15.67%
3 Month2.18%
6 Month14.75%
12 Month1.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.5
ATR(20)%9.26%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High39.49
10 Day Low24.73
20 Day High39.49
20 Day Low24.73
52 Week High39.49
52 Week Low18.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume115
Volume Incr216.42%
Vol(5)1.02M
Vol(50)363.76K