Liberty Broadband Corporation Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
Buy signal from moving average indicating potential upward movement.
Sell Signal (MA)
Sell signal from moving average indicating potential downward movement.
Stock Analysis |
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Risk Assessment |
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Trading Strategy |
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Red day on Friday for Liberty Broadband Corporation
(Updated on Oct 11, 2024)
Buy or Hold candidate since Sep 25, 2024
Gain 6.09%
The Liberty Broadband Corporation stock price fell by -0.368% on the last day (Friday, 11th Oct 2024) from $78.85 to $78.56. During the last trading day the stock fluctuated 1.08% from a day low at $78.50 to a day high of $79.35. The price has been going up and down for this period, and there has been a 1.05% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -34 thousand shares and in total, 72 thousand shares were bought and sold for approximately $5.63 million.
The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $80.07 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 28.58% during the next 3 months and, with a 90% probability hold a price between $81.24 and $102.95 at the end of this 3-month period.
LBRDA Signals & Forecast
The Liberty Broadband 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 $77.97 and $67.17. A breakdown below any of these levels will issue sell signals. 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 Wednesday, October 09, 2024, and so far it has fallen -1.19%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Liberty Broadband Corporation stock
Liberty Broadband Corporation finds support from accumulated volume at $76.87 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 a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.85 between high and low, or 1.08%. For the last week, the stock has had daily average volatility of 2.21%.
The Liberty Broadband Corporation stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stock may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.
Our recommended stop-loss: $75.52 (-3.87%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 78 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)
Trading Expectations (LBRDA) For The Upcoming Trading Day Of Monday 14th
For the upcoming trading day on Monday, 14th we expect Liberty Broadband Corporation to open at $78.80, and during the day (based on 14 day Average True Range), to move between $76.27 and $80.85, which gives a possible trading interval of +/-$2.29 (+/-2.91%) up or down from last closing price. If Liberty Broadband Corporation takes out the full calculated possible swing range there will be an estimated 5.82% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $78.61 (0.06%) than the support at $76.87 (2.15%), 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 Liberty Broadband 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 Liberty Broadband Corporation stock to perform well in the short-term.
Current score: 1.180 Buy Candidate Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on October 14, 2024 - $78.80 ( 0.310%). The predicted opening price is based on yesterday's movements between high, low, and closing price.Trading levels for LBRDA
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 79.65 | 1.39% |
R2 | 79.33 | 0.98% |
R1 | 79.13 | 0.723% |
Price | 78.56 | |
S1 | 78.48 | -0.104% |
S2 | 78.28 | -0.359% |
S3 | 77.95 | -0.772% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 79.51 | 1.21% |
R2 | 78.85 | 0.369% |
R1 | 78.61 | 0.0636% |
Price | 78.56 | |
S1 | 76.87 | -2.15% |
S2 | 74.05 | -5.74% |
S3 | 59.01 | -24.89% |
LBRDA Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Dec 23, 2020 | Dec 30, 2020 | Jan 15, 2021 | $0.438 | 0.293% |
FAQ
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