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 moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend. In of 43 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on September 12, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on LSCC as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for LSCC turned negative on September 11, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for LSCC crossed bearishly below the 50-day moving average on September 18, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 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 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 .
LSCC broke above its upper Bollinger Band on August 23, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LSCC advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 330 cases where LSCC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 63, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. LSCC’s price grows at a higher 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 (20.284) is normal, around the industry mean (7.984). P/E Ratio (57.803) is within average values for comparable stocks, (53.953). LSCC's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.360). LSCC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (16.420) is also within normal values, averaging (72.684).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a developer of high-speed programmable logic devices
A.I.dvisor indicates that over the last year, LSCC has been closely correlated with NXPI. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if LSCC jumps, then NXPI could also see price increases.