Weaker Buy Today LAD ranks #3 as BUY CANDIDATE. Stronger Buy
Today LAD ranks #3 as BUY CANDIDATE.

LAD stock Lithia Motors Inc

LAD stock
Lithia Motors Inc

April 24, 2019
Change 7.37%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will LAD stock price go up or down on Thu, 25 Apr 2019?

Lithia Motors Inc Forecast and Stock Analysis

Technical LAD stock analysis for April 24, 2019.

Buy candidate since 2019-04-10 Gain 9.38%
Shorts 12.57% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 1.21
ROA 5.39

Lithia Motors Inc gained 7.37% in the last trading day, rising from $97.72 to $104.92 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 7 of the last 10 days and is up by 11.64% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 389 620 more shares were traded than the day before. In total, 625 787 shares bought and sold for approximately $65.66 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the LAD stock was $104.92. This is 7.37% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 8.04% from a day low at $99.03 to a day high of $106.99.

30 day high of the LAD stock price was $106.99 and low was $85.01.
90 day high was $106.99 and low was $79.75.
52 week high for the Lithia Motors Inc - $106.99 and low - $67.90.

Trend

Lithia Motors Inc has broken the wide and strong rising the short-term trend up and an even stronger rising rate is indicated. For any reaction back there will now be support on the roof on the current trend broken at $99.53, a level that may pose a second chance to hit a runner. According to fan-theory $109.00 will be the next possible trend-top level and thereby pose a resistance level which may not be broken at the first attempt.

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Signals

Only positive signals in the chart today. Lithia Motors Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $98.43 and $92.22. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday April 22, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

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Relative Strength Index (RSI)

RSI14 is 70 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $87.97 and $87.94.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Lithia Motors Inc finds support just below today's level at $87.97. If this is broken, then the next support from accumulated volume will be at $87.94 and $82.46.

Support: $87.97 Price: $104.92

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $7.96 (8.04%) between high and low. For the last week, the stock has had a daily average volatility of 3.50%.

Our recommended stoploss: $100.80 (-3.93%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today LAD ranks #3 as BUY CANDIDATE. Stronger Buy
Today LAD ranks #3 as BUY CANDIDATE.