RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LEA
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Lear Corporation stock price up 0.0207% on Thursday
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 0.02% PDF

The Lear Corporation stock price gained 0.0207% on the last trading day (Thursday, 28th Mar 2024), rising from $144.85 to $144.88. During the last trading day the stock fluctuated 1.01% from a day low at $144.73 to a day high of $146.19. The price has risen in 7 of the last 10 days and is up by 3.42% over the past 2 weeks. Volume fell on the last day by -114 thousand shares and in total, 326 thousand shares were bought and sold for approximately $47.26 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.62% during the next 3 months and, with a 90% probability hold a price between $148.93 and $158.11 at the end of this 3-month period.

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LEA Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -0.81%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The Lear Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $144.49 and $139.14. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Lear Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $135.19 and $130.91. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Lear Corporation finds support just below today's level at $135.19. If this is broken, then the next support from accumulated volume will be at $130.91 and $130.76.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.46 between high and low, or 1.01%. For the last week the stock has had daily average volatility of 1.93%.

Our recommended stop-loss: $139.77 (-3.52%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (LEA) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Lear Corporation to open at $145.27, and during the day (based on 14 day Average True Range), to move between $142.13 and $147.63, which gives a possible trading interval of +/-$2.75 (+/-1.90%) up or down from last closing price. If Lear Corporation takes out the full calculated possible swing range there will be an estimated 3.80% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $145.70 (0.57%) than the support at $135.19 (6.69%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Lear Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Lear Corporation stock to perform well in the short-term.

Current score: 1.128 Buy Candidate Unchanged

Predicted Opening Price for Lear Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$145.27 ( 0.267%) $144.88

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LEA

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 146.73 1.27 %
R2 146.17 0.89 %
R1 145.82 0.652 %
Current price: 144.88
Support S1 144.71 -0.118 %
S2 144.36 -0.356 %
S3 143.81 -0.741 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 146.07 0.82 %
R1 145.70 0.566 %
Current price 144.88
Support S1 135.19 -6.69%
S2 130.91 -9.64%
S3 130.76 -9.75%

LEA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2024 Mar 07, 2024 Mar 27, 2024 $0.770 0.532%
2 Nov 14, 2023 Dec 05, 2023 Dec 26, 2023 $0.770 0.544%
3 Aug 10, 2023 Aug 30, 2023 Sep 19, 2023 $0.770 0.563%
4 May 18, 2023 Jun 08, 2023 Jun 28, 2023 $0.770 0.546%
5 Feb 17, 2023 Mar 09, 2023 Jun 28, 2023 $0.770 0.546%

FAQ

What is the symbol for Lear Corporation Stock and on which exchange is it traded?
The symbol for Lear Corporation is LEA and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Lear Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Lear Corporation stock to perform well in the short-term.

How to buy Lear Corporation Stock?
Lear Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Lear Corporation Stock.

What's the current price of Lear Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Lear Corporation (LEA) share was $144.88.

What is the 52-week high and low for Lear Corporation Stock?
The 52-week high for Lear Corporation Stock is $157.91 and the 52-week low is $117.79.

What is the market capitalization of Lear Corporation Stock?
As of the 2024-03-28, the market capitalization of Lear Corporation is 8.263B.

When is the next earnings date for Lear Corporation?
The upcoming earnings date for Lear Corporation is Apr 25, 2024.
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About Lear Corporation

Lear Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as l... LEA Profile

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