Lincoln Educational Services Corporation Stock Forecast
Lincoln Educational Services Corporation stock price up 0.302% on Thursday
(Updated on Apr 25, 2024)
The Lincoln Educational Services Corporation stock price gained 0.302% on the last trading day (Thursday, 25th Apr 2024), rising from $9.94 to $9.97. It has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.83% from a day low at $9.81 to a day high of $9.99. The price has risen in 6 of the last 10 days but is still down by -0.89% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 10 thousand more shares were traded than the day before. In total, 47 thousand shares were bought and sold for approximately $470.29 thousand.
The stock lies in the middle of a wide and 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 3.77% during the next 3 months and, with a 90% probability hold a price between $9.86 and $11.31 at the end of this 3-month period.
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LINC Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 3.96%. Further rise is indicated until a new top pivot has been found. Lincoln Educational Services Corporation has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Lincoln Educational Services Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $10.01. On a fall, the stock will find some support from the short-term average at $9.79. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for Lincoln Educational Services Corporation stock
Lincoln Educational Services Corporation finds support from accumulated volume at $9.96 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.180 (1.83%) between high and low. For the last week, the stock has had daily average volatility of 2.21%.
Our recommended stop-loss: $9.48 (-4.91%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 5 days ago.)
Trading Expectations (LINC) For The Upcoming Trading Day Of Friday 26th
For the upcoming trading day on Friday, 26th we expect Lincoln Educational Services Corporation to open at $9.92, and during the day (based on 14 day Average True Range), to move between $9.71 and $10.23, which gives a possible trading interval of +/-$0.258 (+/-2.59%) up or down from last closing price. If Lincoln Educational Services Corporation takes out the full calculated possible swing range there will be an estimated 5.18% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $9.96 (0.10%) than the resistance at $10.06 (0.90%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Lincoln Educational Services Corporation stock A Buy?
Lincoln Educational Services Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: -0.292 Hold/Accumulate Unchanged
Predicted Opening Price for Lincoln Educational Services Corporation of Friday, April 26, 2024
Fair opening price April 26, 2024 | Current price |
---|---|
$9.92 ( 0.468%) | $9.97 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LINC
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 10.10 | 1.34 % | |
R2 | 10.03 | 0.648 % | ||
R1 | 9.99 | 0.222 % | ||
Current price: | 9.97 | |||
Support | S1 | 9.85 | -1.16 % | |
S2 | 9.81 | -1.58 % | ||
S3 | 9.74 | -2.27 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 10.17 | 2.01 % | |
R2 | 10.10 | 1.30 % | ||
R1 | 10.06 | 0.90 % | ||
Current price | 9.97 | |||
Support | S1 | 9.96 | -0.100% | |
S2 | 9.84 | -1.30% | ||
S3 | 9.29 | -6.82% |
LINC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Oct 29, 2014 | Dec 11, 2014 | Dec 31, 2014 | $0.0200 | 0.714% |
2 | Aug 01, 2014 | Sep 10, 2014 | Sep 30, 2014 | $0.0200 | 0.712% |
3 | May 02, 2014 | Jun 11, 2014 | Jun 30, 2014 | $0.0700 | 1.56% |
4 | Feb 28, 2014 | Mar 12, 2014 | Mar 31, 2014 | $0.0700 | 1.86% |
5 | Nov 05, 2013 | Dec 11, 2013 | Dec 31, 2013 | $0.0700 | 1.41% |
FAQ
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