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- 4/17/2025 -
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LKQ Corporation (LKQ) Technical Analysis

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Summary:
Weekly :Oversold sector
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
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It was a second consecutive positive week for the LKQ Corporation (LKQ). During the week, the LKQ climbed 0.02 points, or 0.05%, and closed at 42.03 on Thursday, April 17, 2025. Weekly volume was -29% below 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 34.15 and resistance is at 45.32. 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 36.27 and resistance is at 49.44. 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 technical indicators are neutral.

The weekly MACD line is above its signal line since November 8, 2024. This is an indication that the medium-term trend is up. 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 38.07 on April 9, 2025. LKQ lost 6.75 points, or 15.06%, in 30 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 37.12 and resistance is at 42.60. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See LKQ daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.63
Williams' Percentage Range (W%R) 32.80
Lane's Stochastic (%D-Slow) 75.49
Greed/Fear Indicator (GFI) 64.78
Moving Average Converg./Diverg. (MACD) 0.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.81
Williams' Percentage Range (W%R) 33.70
Lane's Stochastic (%D-Slow) 61.31
Greed/Fear Indicator (GFI) 60.67
Moving Average Converg./Diverg. (MACD) -0.09
Trading Signals
Description Value Chart
Monthly Trendline Resistance 49.44
Quarterly Trendline Resistance 45.32
Upper Bollinger Band 43.64
Weekly Trendline Resistance 42.60
Weekly Stochastic Crossing 42.13
Price 42.03
Daily Stochastic Crossing 41.46
20 Day Moving Average 41.42
50 Day Moving Average 41.11
Lower Bollinger Band 39.32
Parabolic System 38.21
Weekly Trendline Support 37.12
Monthly Trendline Support 36.27
Quarterly Trendline Support 34.15
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 2
Industry Distributors 110
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 38.07
Low Date 04/09/2025
High 42.50
High Date 04/15/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 42.60
Support 37.12
High 44.82
High Date 03/10/2025
Low 38.07
Low Date 04/09/2025
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 49.44
Support 36.27
Low 35.56
Low Date 01/03/2025
High 44.82
High Date 03/10/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Valid
Resistance 45.32
Support 34.15
High 59.38
High Date 07/12/2023
Low 35.56
Low Date 01/03/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 60.43
High Date 01/03/2022
Low 35.56
Low Date 01/03/2025
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.