LSCC's Upward Trend: Swing Trading in Diverse Sectors Yields 17.91%
Swing Trader: Consumer, Energy and Financial Sectors (Diversified) Generates 17.91% for LSCC
In the fluctuating terrain of the financial markets, Lattice Semiconductor Corporation (LSCC) has been making notable strides. The robust performance across consumer, energy, and financial sectors has amplified the potential of this diversified swing trading strategy. As of recent data, this approach has generated an impressive 17.91% return for LSCC, underscoring the appeal of strategic diversification and responsive decision-making.
One key development underpinning LSCC's bullish trend is the crossing of the 10-day moving average above the 50-day moving average on June 16, 2023. This golden cross, as it is referred to in trading circles, is a potent indicator of a potential upward shift in price trend. It marks an inflection point where short-term momentum begins to eclipse long-term momentum, signifying a potential acceleration in gains.
Historical data corroborates the optimism this technical pattern tends to elicit. In 14 out of 15 past instances when LSCC's 10-day average crossed above its 50-day average, the stock's price continued its ascendant trajectory over the subsequent month. The consistency of this pattern suggests an impressive 90% likelihood of a continued upward trend.
The swing trading approach taken by LSCC, pivoting on the dynamic interplay of consumer, energy, and financial sectors, clearly embodies the efficacy of strategic diversification. This blend of sectors not only helps buffer against the capricious nature of market movements but also enables tapping into the distinct growth opportunities each sector presents.
LSCC's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for LSCC turned positive on October 23, 2024. Looking at past instances where LSCC's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 18, 2024. You may want to consider a long position or call options on LSCC as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 10-day moving average for LSCC crossed bullishly above the 50-day moving average on September 24, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 LSCC advanced for three days, in of 310 cases, the price rose further within the following month. The odds of a continued upward trend are .
LSCC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 286 cases where LSCC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LSCC 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 Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. LSCC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued 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 (10.460) is normal, around the industry mean (7.487). P/E Ratio (39.022) is within average values for comparable stocks, (58.779). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.825). LSCC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.020). P/S Ratio (11.751) is also within normal values, averaging (43.322).
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.
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General Information
a developer of high-speed programmable logic devices
Industry Semiconductors