Learn Cw Investment Corporation Stock Forecast

Learn Cw Investment Corporation stock downgraded to Sell Candidate
(Updated on Jun 21, 2024)

LCW Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, May 24, 2024, and so far it has risen 0.553%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Learn Cw Investment 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 $10.93. On a fall, the stock will find some support from the short-term average at $10.90. 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.

Support, Risk & Stop-loss for Learn Cw Investment Corporation stock

Learn Cw Investment Corporation finds support from accumulated volume at $10.89 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0.147%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (LCW) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Learn Cw Investment Corporation to open at $10.91, and during the day (based on 14 day Average True Range), to move between $10.89 and $10.93, which gives a possible trading interval of +/-$0.0205 (+/-0.19%) up or down from last closing price. If Learn Cw Investment Corporation takes out the full calculated possible swing range there will be an estimated 0.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $10.92 (0.09%) than the support at $10.89 (0.18%), 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 Learn Cw Investment Corporation stock A Buy?

Learn Cw Investment Corporation 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.861 Sell Candidate Downgraded

Predicted Opening Price for Learn Cw Investment Corporation of Monday, June 24, 2024

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