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Archive - 4/17/2025 - 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 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.
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