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Distributors Industry Stocks Technical Analysis - LKQArchive - 3/21/2025 - Sign In to see current Signals. |
LKQ Corporation (LKQ) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the LKQ Corporation (LKQ). During the week, the LKQ dropped -1.25 points, or -3.00%, and closed at 40.40 on Friday, March 21, 2025. Weekly volume was 76% above average. LKQ is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See LKQ long-term trend chart] A long-term downtrend had started on July 12, 2023 at 59.38 and reached 35.56 on January 3, 2025. LKQ lost 23.82 points, or 40.11%, in 77 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 34.53 and resistance is at 45.92. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
Medium-term trend: [See LKQ medium-term trend chart] A medium-term uptrend had started on January 3, 2025 at 35.56 and reached 44.82 on March 10, 2025. LKQ gained -9.26 points, or -26.04%, in 9 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 36.08 and resistance is at 46.30. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See LKQ weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 above its signal line since November 8, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See LKQ short-term trend chart] A short-term downtrend had started on March 10, 2025 at 44.82 and reached 40.12 on March 21, 2025. LKQ lost 4.70 points, or 10.49%, in 11 days. The price is now at the 5.96% retracement level.
Daily Technical Indicators: [See LKQ daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since March 12, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong. During the last week, the price has declined below 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.
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