LMND +20.35% vs OPEN +19.52%: Trend & Price Comparison, Swing Trading Insights
Comparative Analysis: Trend and Price of LMND vs OPEN
Compare: Swing trader: Downtrend Protection v.2 (TA) 20.35% for LMND vs 19.52% for OPEN
When examining the comparative trends and prices of Lemonade Inc. (LMND) and Opendoor Technologies Inc. (OPEN), several critical metrics present a comprehensive view of their recent market performance. Both firms occupy different sectors - with LMND residing in Property/Casualty Insurance, and OPEN belonging to Real Estate Development.
Swing Trading and Downtrend Protection
For swing traders, understanding the Downtrend Protection indicator is crucial. This technical analysis (TA) strategy helps mitigate losses during downtrends, providing a safety net during market volatility.
In recent figures, LMND showed a Downtrend Protection v.2 (TA) value of 20.35%, slightly higher than OPEN's figure of 19.52%. This modest edge could suggest a slightly stronger management strategy from LMND during the same trading period.
Comparative Price Growth
The week-to-week price change is another vital barometer to gauge stock performance. Recently, LMND experienced a substantial -14.37% price change, significantly underperforming the sector's average weekly price change of -1.16%. This plunge in price is a departure from LMND's industry's average monthly and quarterly growth, which stood at +2.86% and +10.66% respectively.
OPEN, on the other hand, saw a smaller price reduction of -2.66% for the same week, falling below its industry's average weekly decline of -0.63%. Unlike LMND, OPEN's weekly performance was more in line with the Real Estate Development industry's overall price growth trend. This industry's average monthly growth was +1.42%, with quarterly growth of +1.63%.
Upcoming Earnings Reports
Investors often anticipate earnings reports as they provide vital insights into a company's financial health. LMND is set to announce its earnings on August 16, 2023, while OPEN's report will be available a week earlier, on August 9, 2023. These upcoming earnings reports could provide investors with more data to further evaluate the two companies' performances.
OPEN's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for OPEN turned positive on October 28, 2024. Looking at past instances where OPEN's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where OPEN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OPEN advanced for three days, in of 246 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 25, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on OPEN as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
OPEN moved below its 50-day moving average on September 25, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for OPEN crossed bearishly below the 50-day moving average on October 02, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OPEN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for OPEN entered a downward trend on October 28, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.045) is normal, around the industry mean (3.679). P/E Ratio (0.000) is within average values for comparable stocks, (59.940). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.670). Dividend Yield (0.000) settles around the average of (0.055) among similar stocks. P/S Ratio (0.275) is also within normal values, averaging (11.903).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. OPEN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. OPEN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Industry RealEstateDevelopment