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LC Stock Tickeron detected bearish Stock Pattern: Triangle Symmetrical Bottom LC on January 10, 2025, netting in a 22.44% gain over 1 month

A.I.dvisor
at Tickeron.com
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+22.44% Gain from a Successful pattern Triangle Symmetrical Bottom
LC - LendingClub Corp
Tickeron
Ticker: LC
Company: LendingClub
Gain from shortening: +22.44%
Confirmed: 01/10/25
Succeeded: 02/03/25
Total length: 38 days
On December 27, 2024, A.I.dvisor detected a Triangle Symmetrical Bottom Pattern (Bearish) for LendingClub Corp (LC, $16.71). 14 days later, on January 10, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 03, 2025, the stock hit the target price of $12.89 – resulting in a +2 gain for traders who shorted the stock on the pattern detection date.

LC in -8.69% downward trend, declining for three consecutive days on February 21, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where LC declined for three days, in of 333 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 48 cases where LC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on February 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on LC 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 .

LC moved below its 50-day moving average on January 29, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for LC crossed bearishly below the 50-day moving average on January 31, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 .

The Aroon Indicator for LC entered a downward trend on February 12, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where LC's RSI Oscillator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for LC just turned positive on February 18, 2025. Looking at past instances where LC's MACD turned positive, the stock continued to rise in of 42 cases 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 LC advanced for three days, in of 286 cases, the price rose further within the following month. The odds of a continued upward trend are .

LC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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LC
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A.I. Advisor
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General Information

a provider of online marketplace that facilitates loans to qualified borrowers and investments

Industry

Profile
Fundamentals
Details
Industry
Finance Or Rental Or Leasing
Address
595 Market Street
Phone
+1 415 632-5600
Employees
1025
Web
https://www.lendingclub.com