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Archive - 11/22/2024 - 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 a first positive week for the LKQ Corporation (LKQ). During the week, the LKQ climbed 0.30 points, or 0.79%, and closed at 38.50 on Friday, November 22, 2024. LKQ was trading at average weekly trading volume. Long-term trend: [See LKQ long-term trend chart] A long-term downtrend had started on July 12, 2023 at 59.38 and reached 35.57 on July 25, 2024. LKQ lost 23.81 points, or 40.10%, in 54 weeks. The price is now at the 12.31% retracement level. Medium-term trend: [See LKQ medium-term trend chart] A medium-term downtrend had started on July 18, 2024 at 46.64 and reached 35.57 on July 25, 2024. LKQ lost 11.07 points, or 23.73%, in 1 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (36.93) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See LKQ weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since November 8, 2024. The distance between MACD and the signal line is low, but getting bigger. 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 October 31, 2024 at 36.67 and reached 39.40 on November 11, 2024. LKQ gained -2.73 points, or -7.44%, in 11 days. The price is now at the 32.97% retracement level. Daily Technical Indicators: [See LKQ daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since November 5, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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. Price is close to the 50 Day Moving Average. 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.
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