LKQ is a holding company. Through its subsidiaries, Co. is a global distributor of vehicle products, including replacement parts, components, and systems used in the repair and maintenance of vehicles, and specialty products and accessories. Co. distributes a variety of products to collision and mechanical repair shops, including aftermarket collision and mechanical products; recycled collision and mechanical products; refurbished collision products such as wheels, bumper covers and lights; and remanufactured engines and transmissions. In addition to its wholesale operations, Co. operates self service retail facilities that sell recycled automotive products from end-of-life vehicles.
When researching a stock like LKQ, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from LKQ Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for LKQ stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the LKQ 200 day moving average ("LKQ 200 DMA"), while one of the most popular "shorter look-backs" is the LKQ 50 day moving average ("LKQ 50 DMA"). A chart showing both of these popular moving averages is shown on this page for LKQ. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the LKQ 200 DMA and the LKQ 50 DMA, we get a moving average convergence divergence indicator ("LKQ MACD"). The LKQ MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis