Technical Analysis for LOVE - The Lovesac Company

Grade Last Price % Change Price Change
F 21.94 -2.83% -0.64
LOVE closed down 2.83 percent on Monday, July 1, 2024, on approximately normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Crossed Above 200 DMA Bullish -2.83%
Pocket Pivot Bullish Swing Setup -2.83%
Wide Bands Range Expansion -2.83%
Up 3 Days in a Row Strength -2.83%
Oversold Stochastic Weakness -2.83%
Wide Bands Range Expansion 0.92%
Oversold Stochastic Weakness 0.92%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 9 hours ago
Down 3% about 9 hours ago
Down 2 % about 10 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
1.5x Volume Pace about 10 hours ago

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Profile

Based in Stamford, Connecticut, The Lovesac Company is a direct-to-consumer specialty furniture brand with 68 retail showrooms supporting its ecommerce delivery model. Lovesac’s name comes from its original Durafoam filled beanbags called Sacs. The company derives a majority of its current sales from its proprietary platform called Sactionals, a washable, changeable, reconfigurable, and FedEx-shippable solution for large upholstered seating. Founder and CEO, Shawn Nelson’s, “Designed for Life” philosophy emphasizes sustainable products that are built to last a lifetime and designed to evolve with the customer’s needs, providing long-term utility and ultimately reducing the amount of furniture discarded into landfills.
Classification

Sector: Consumer Cyclical
Industry: Home Furnishings & Fixtures
Keywords: Furniture Landfill Ecommerce Nba Showroom Fedex Retail Showrooms Sustainable Products

Is LOVE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 29.81
52 Week Low 14.18
Average Volume 328,204
200-Day Moving Average 22.34
50-Day Moving Average 24.75
20-Day Moving Average 24.53
10-Day Moving Average 22.53
Average True Range 1.10
RSI (14) 35.90
ADX 27.76
+DI 18.20
-DI 30.82
Chandelier Exit (Long, 3 ATRs) 25.53
Chandelier Exit (Short, 3 ATRs) 24.38
Upper Bollinger Bands 29.15
Lower Bollinger Band 19.92
Percent B (%b) 0.22
BandWidth 37.59
MACD Line -1.08
MACD Signal Line -0.73
MACD Histogram -0.3534
Fundamentals Value
Market Cap 339.83 Million
Num Shares 15.5 Million
EPS 1.29
Price-to-Earnings (P/E) Ratio 17.01
Price-to-Sales 0.56
Price-to-Book 2.06
PEG Ratio 0.29
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.73
Resistance 3 (R3) 23.78 23.25 23.43
Resistance 2 (R2) 23.25 22.79 23.22 23.33
Resistance 1 (R1) 22.59 22.51 22.33 22.54 23.23
Pivot Point 22.06 22.06 21.92 22.03 22.06
Support 1 (S1) 21.40 21.60 21.14 21.35 20.65
Support 2 (S2) 20.87 21.32 20.84 20.55
Support 3 (S3) 20.21 20.87 20.45
Support 4 (S4) 20.16