| LMND latest price $16.3600 (-5.54%) ($15.9600 - $17.8000) on Mon. Nov. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.46% (three month average) |
RSI | 64 |
Latest Price | $16.3600(-5.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LMND advances 8.7% a day on average for past five trading days. |
Weekly Trend | LMND advances 10.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LMND advance at 0% a week (0% probability) SMH(91%) SPY(81%) ARKK(77%) IBUY(67%) DRIV(66%) |
Factors Impacting LMND price | LMND will decline at least -3.23% in a week (0% probabilities). TBT(-28%) VXX(-20%) UUP(-15%) VIXM(-10%) SLV(10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.23% (StdDev 6.46%) |
Hourly BBV | -0.2 () |
Intraday Trend | -5.9% |
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