LivePerson Inc. Stock Forecast
Big movements in LivePerson Inc. stock price on Friday moving 12.46% between high and low
(Updated on Apr 26, 2024)
The LivePerson Inc. stock price gained 5.12% on the last trading day (Friday, 26th Apr 2024), rising from $0.500 to $0.526. During the last trading day the stock fluctuated 12.46% from a day low at $0.486 to a day high of $0.547. The price has been going up and down for this period, and there has been a -12.73% loss for the last 2 weeks. Volume fell on the last day by -1 million shares and in total, 2 million shares were bought and sold for approximately $829.30 thousand. 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 very wide and falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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LPSN Signals & Forecast
There are mixed signals in the stock today. The LivePerson Inc. 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 $0.83. On a fall, the stock will find some support from the short-term average at $0.508. 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). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 13.58%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for LivePerson Inc. stock
LivePerson Inc. finds support from accumulated volume at $0.509 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0606 between high and low, or 12.46%. For the last week the stock has had daily average volatility of 12.25%.
LivePerson Inc. is oversold on RSI14 (21). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LPSN) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect LivePerson Inc. to open at $0.520, and during the day (based on 14 day Average True Range), to move between $0.444 and $0.608, which gives a possible trading interval of +/-$0.0824 (+/-15.67%) up or down from last closing price. If LivePerson Inc. takes out the full calculated possible swing range there will be an estimated 31.34% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.509 (3.25%) than the resistance at $0.567 (7.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is LivePerson Inc. stock A Buy?
LivePerson Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -4.024 Sell Candidate Unchanged
Predicted Opening Price for LivePerson Inc. of Monday, April 29, 2024
| Fair opening price April 29, 2024 | Current price |
|---|---|
| $0.520 ( 1.20%) | $0.526 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LPSN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.580 | 10.32 % | |
| R2 | 0.557 | 5.92 % | ||
| R1 | 0.543 | 3.20 % | ||
| Current price: | 0.526 | |||
| Support | S1 | 0.497 | -5.61 % | |
| S2 | 0.482 | -8.32 % | ||
| S3 | 0.459 | -12.72 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.655 | 24.49 % | |
| R2 | 0.603 | 14.58 % | ||
| R1 | 0.567 | 7.83 % | ||
| Current price | 0.526 | |||
| Support | S1 | 0.509 | -3.25% | |
| S2 | 0.495 | -5.87% | ||
| S3 | 0.463 | -11.96% |
FAQ
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