| LMND latest price $16.0000 (-4.99%) ($15.6200 - $16.8000) on Wed. Nov. 8, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.48% (three month average) |
RSI | 72 |
Latest Price | $16.0000(-4.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LMND advances 6.4% a day on average for past five trading days. |
Weekly Trend | LMND advances 23.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LMND advance at 0% a week (0% probability) SPY(82%) ARKK(77%) SMH(74%) IBUY(67%) DRIV(66%) |
Factors Impacting LMND price | LMND will decline at least -3.24% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.24% (StdDev 6.48%) |
Hourly BBV | -1 () |
Intraday Trend | -4.5% |
| |
|
|