LKCO in upward trend: price may jump up because it broke its lower Bollinger Band on December 17, 2024
LKCO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 38 cases where LKCO's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where LKCO advanced for three days, in of 203 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 December 16, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on LKCO as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 LKCO 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 LKCO entered a downward trend on December 05, 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.
LKCO and Stocks
Correlation & Price change
A.I.dvisor indicates that over the last year, LKCO has been loosely correlated with COIN. These tickers have moved in lockstep 34% of the time. This A.I.-generated data suggests there is some statistical probability that if LKCO jumps, then COIN could also see price increases.
| Ticker / NAME | Correlation To LKCO | 1D Price Change % | ||
|---|---|---|---|---|
| LKCO | 100% | -8.72% | ||
| COIN - LKCO | 34% Loosely correlated | -1.16% | ||
| CVLT - LKCO | 30% Poorly correlated | -2.58% | ||
| LPSN - LKCO | 29% Poorly correlated | -3.56% | ||
| RIOT - LKCO | 27% Poorly correlated | -0.43% | ||
| AVDX - LKCO | 26% Poorly correlated | -0.97% | ||
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Groups containing LKCO
Correlation & Price change
| Ticker / NAME | Correlation To LKCO | 1D Price Change % |
|---|---|---|
| LKCO | 100% | -8.72% |
| Commercial Services category (341 stocks) | 18% Poorly correlated | -0.34% |