| LMND latest price $17.7500 (12.13%) ($15.7400 - $18.2900) on Mon. May. 22, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 86 |
Latest Price | $17.7500(12.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LMND advances 3.3% a day on average for past five trading days. |
Weekly Trend | LMND advances 8.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LMND advance at 0% a week (0% probability) IBUY(58%) IWN(57%) IWM(56%) IWD(53%) IWO(53%) |
Factors Impacting LMND price | LMND will decline at least -2.64% in a week (0% probabilities). TBT(-32%) VXX(-25%) VIXM(-21%) UUP(-15%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.64% (StdDev 5.28%) |
Hourly BBV | 1.8 () |
Intraday Trend | 11.6% |
| |
|
|