Lincoln Educational Services Corporation Stock Forecast
Lincoln Educational Services Corporation stock price ended at $11.77 on Friday, after losing 1.01%.
(Updated on May 17, 2024)
The Lincoln Educational Services Corporation stock price fell by -1.01% on the last day (Friday, 17th May 2024) from $11.89 to $11.77. It has now fallen 6 days in a row. During the last trading day the stock fluctuated 2.74% from a day low at $11.67 to a day high of $11.99. The price has fallen in 7 of the last 10 days but is still up by 6.13% over the past 2 weeks. Volume has increased on the last day by 49 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 158 thousand shares were bought and sold for approximately $1.86 million.
The stock lies in the middle of a very wide and strong 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 17.42% during the next 3 months and, with a 90% probability hold a price between $12.02 and $15.06 at the end of this 3-month period.
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LINC Signals & Forecast
The Lincoln Educational Services Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $12.08. On a fall, the stock will find some support from the long-term average at approximately $10.69. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, May 09, 2024, and so far it has fallen -6.88%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Lincoln Educational Services Corporation stock
On the downside, the stock finds support just below today's level from accumulated volume at $10.17 and $10.10. 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, Lincoln Educational Services Corporation finds support just below today's level at $10.17. If this is broken, then the next support from accumulated volume will be at $10.10 and $10.06.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.320 between high and low, or 2.74%. For the last week, the stock has had daily average volatility of 2.50%.
Our recommended stop-loss: $11.23 (-4.61%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 6 days ago.)
Trading Expectations (LINC) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect Lincoln Educational Services Corporation to open at $11.81, and during the day (based on 14 day Average True Range), to move between $11.33 and $12.21, which gives a possible trading interval of +/-$0.440 (+/-3.74%) 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 7.48% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $11.90 (1.10%) than the support at $10.17 (13.59%), 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 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: 0.953 Hold/Accumulate Unchanged
Predicted Opening Price for Lincoln Educational Services Corporation of Monday, May 20, 2024
Fair opening price May 20, 2024 | Current price |
---|---|
$11.81 ( 0.340%) | $11.77 |
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 | 12.13 | 3.06 % | |
R2 | 12.01 | 2.02 % | ||
R1 | 11.93 | 1.38 % | ||
Current price: | 11.77 | |||
Support | S1 | 11.69 | -0.699 % | |
S2 | 11.61 | -1.34 % | ||
S3 | 11.49 | -2.38 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 12.64 | 7.39 % | |
R2 | 12.55 | 6.63 % | ||
R1 | 11.90 | 1.10 % | ||
Current price | 11.77 | |||
Support | S1 | 10.17 | -13.59% | |
S2 | 10.10 | -14.19% | ||
S3 | 10.06 | -14.53% |
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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