LSEQ's RSI Oscillator climbs out of oversold territory
The RSI Indicator for LSEQ moved out of oversold territory on January 03, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 4 similar instances when the indicator left oversold territory. In of the 4 cases the stock moved higher. This puts the odds of a move higher at .
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 8 cases where LSEQ'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 .
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LSEQ 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 LSEQ entered a downward trend on January 08, 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.
General Information
Category LongShort
LSEQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, LSEQ has been closely correlated with CLSE. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if LSEQ jumps, then CLSE could also see price increases.
| Ticker / NAME | Correlation To LSEQ | 1D Price Change % | ||
|---|---|---|---|---|
| LSEQ | 100% | +0.92% | ||
| CLSE - LSEQ | 67% Closely correlated | +0.09% | ||
| FTLS - LSEQ | 50% Loosely correlated | +0.43% | ||
| FFLS - LSEQ | 37% Loosely correlated | +0.54% | ||
| LBAY - LSEQ | -16% Poorly correlated | -0.12% |