The Greedy Trader Weekly Analysis
Sign In Jan 18, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 1/11/2019
Sign In to see current Signals.
LKQ Corporation
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Lane's Stochastic is oversold
Daily :Williams' Percentage Range is overboughtLane's Stochastic is strongly overboughtPrice has crossed above the 50 Day Moving AverageBearish Advance Block CandlestickThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the LKQ Corporation (LKQ). During the week, the LKQ gained 2.49 points, or 10.45%, and closed at 26.32 on Friday, January 11, 2019. Weekly volume was 51% above average.

Long-term trend: [See LKQ long-term trend chart]
A long-term downtrend had started on January 29, 2018 at 43.86 and reached 22.74 on January 3, 2019. LKQ lost 21.12 points, or 48.15%, in 48 weeks. The price is now at the 16.95% retracement level.

Medium-term trend: [See LKQ medium-term trend chart]
A medium-term downtrend had started on July 26, 2018 at 36.10 and reached 22.74 on January 3, 2019. LKQ lost 13.36 points, or 37.01%, in 23 weeks. The price is now at the 26.80% retracement level.

Weekly Technical Indicators: [See LKQ weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since September 28, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See LKQ short-term trend chart]
A short-term uptrend had started on January 3, 2019 at 22.74 and reached 26.47 on January 11, 2019. LKQ gained -3.73 points, or -16.40%, in 8 days. Price is near the trend high.

Daily Technical Indicators: [See LKQ daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since January 3, 2019. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Candlestick pattern: [See LKQ candlestick chart pattern]
On Friday the chart has formed a Bearish Advance Block Candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Advance Block Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.51
Williams' Percentage Range (W%R) 12.30
Overbought
Lane's Stochastic (%D-Slow) 93.01
Strong Overbought
Greed/Fear Indicator (GFI) 83.06
Overbought
Moving Average Converg./Diverg. (MACD) -0.61
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.26
Williams' Percentage Range (W%R) 72.70
Lane's Stochastic (%D-Slow) 16.84
Oversold
Greed/Fear Indicator (GFI) 29.99
Moving Average Converg./Diverg. (MACD) -2.08
Trading Signals
Description Value Chart
Upper Bollinger Band 26.73
Daily Stochastic Crossing 26.42
Price 26.32
50 Day Moving Average 26.17
20 Day Moving Average 24.44
Weekly Stochastic Crossing 23.83
Parabolic System 23.32
Lower Bollinger Band 23.28
Sector and Industry
Description Name Rank
Sector Consumer Goods 5
Industry Auto Parts 37
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 22.74
Low Date 01/03/2019
High 26.47
High Date 01/11/2019
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 22.74
Low Date 01/03/2019
High 26.47
High Date 01/11/2019
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 36.10
High Date 07/26/2018
Low 22.74
Low Date 01/03/2019
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 43.86
High Date 01/29/2018
Low 22.74
Low Date 01/03/2019
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 8.70
Low Date 11/21/2008
High 43.86
High Date 01/29/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.