| LMND latest price $15.7300 (-2.3%) ($15.5500 - $16.1960) on Thu. May. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.31% (three month average) |
RSI | 67 |
Latest Price | $15.7300(-2.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LMND advances 2% a day on average for past five trading days. |
Weekly Trend | LMND advances 21% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LMND advance at 0% a week (0% probability) IBUY(53%) IWN(50%) IWM(48%) ICLN(47%) XLRE(47%) |
Factors Impacting LMND price | LMND will decline at least -2.655% in a week (0% probabilities). TBT(-24%) VXX(-18%) VIXM(-16%) UUP(-14%) IGOV(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.655% (StdDev 5.31%) |
Hourly BBV | -1.4 () |
Intraday Trend | -1.6% |
| |
|
|