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loanDepot, Inc. Stock Forecast NYSE:LDI

$4.94 (0.41%)

Volume: 845k

Closed: Dec 08, 2021

Hollow Logo Score: -4.545

loanDepot, Inc. Stock Forecast

$4.94 (0.41%)

Volume: 845k

Closed: Dec 08, 2021

Score Hollow Logo -4.545
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 20 - 70 ] The loanDepot, Inc. stock currently holds an RSI14 at 19 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Green day on Wednesday for loanDepot, Inc.
(Updated on Dec 08, 2021)


Sell candidate since 2021-11-17 Loss -27.03%

The loanDepot, Inc. stock price gained 0.41% on the last trading day (Wednesday, 8th Dec 2021), rising from $4.92 to $4.94. , and has now gained 3 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 day the stock fluctuated 2.86% from a day low at $4.87 to a day high of $5.01. The price has fallen in 6 of the last 10 days and is down by -12.41% for this period. Volume fell on the last day by -471 thousand shares and in total, 845 thousand shares were bought and sold for approximately $4.17 million. 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 lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $4.45 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -19.50% during the next 3 months and, with a 90% probability hold a price between $3.58 and $5.85 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. The loanDepot, 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 $6.23. On a fall, the stock will find some support from the short-term average at $4.83. 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). A buy signal was issued from a pivot bottom point on Wednesday, December 01, 2021, and so far it has risen 7.63%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss

loanDepot, Inc. finds support from accumulated volume at $4.79 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 $0.14 between high and low, or 2.86%. For the last week, the stock has had a daily average volatility of 6.26%.

loanDepot, Inc. is oversold on RSI14 (19). 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 an negative evaluation for this stock. No stop-loss is set.

Is loanDepot, Inc. stock A Buy?

loanDepot, 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: -4.545

Predicted Opening Price for loanDepot, Inc. of Thursday, December 9, 2021

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

Fair opening price December 9, 2021 Current price
$4.94 $4.94 (Overvalued)
Sell Candidate Unchanged

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Analyst Ratings

On Nov 02, 2021 "Morgan Stanley" gave "$7.00 - $7.50" rating for LDI. The price target was changed from $7.21 to 9.9%.

Volatility and Risk
Daily Average Volatility: 6.26 %
Overall Risk: Very High High Medium Low Very Low
Volatility
6.26 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $5.03
Price: $4.94
Support: $4.79

LDI Insider Trading Show all Trades

INSIDER POWER

0.535

Last 100 transactions
Buy: 47 520 508 | Sell: 88 885 418 (Shares)
Date Action Amount Person Type
Dec 06, 2021 Sell 75 000 Walsh Jeff Alexander Class A Common Stock, par value $0.001 per share
Dec 06, 2021 Sell 75 000 Flanagan Patrick J Class A Common Stock
Dec 01, 2021 Sell 2 263 379 Hsieh Anthony Li Common Units
Dec 01, 2021 Sell 2 263 379 Hsieh Anthony Li Class A Common Stock
Dec 01, 2021 Buy 2 263 379 Hsieh Anthony Li Class A Common Stock
Show all Insider Trades
INSIDER POWER

0.535

Last 100 transactions
Buy: 47 520 508 | Sell: 88 885 418 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 5.08 2.81 %
5.03 1.73 %
4.99 1.07 %
Current price: 4.94
Support 4.89 -1.08 %
4.85 -1.75 %
4.80 -2.82 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 5.64 14.17 %
5.50 11.34 %
5.03 1.82 %
Current price 4.94
Support 4.79 -3.04%
4.76 -3.64%
4.59 -7.09%

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