RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LEE
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Red day on Wednesday for Lee Enterprises Incorporated
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 06, 2024 Gain 51.49% PDF

The Lee Enterprises Incorporated stock price fell by -0.391% on the last day (Wednesday, 27th Mar 2024) from $15.36 to $15.30. During the last trading day the stock fluctuated 7.42% from a day low at $14.55 to a day high of $15.63. The price has been going up and down for this period, and there has been a 47.12% 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 -21 thousand shares and in total, 39 thousand shares were bought and sold for approximately $593.12 thousand.

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 $15.59 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 41.75% during the next 3 months and, with a 90% probability hold a price between $14.99 and $22.10 at the end of this 3-month period.

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LEE Signals & Forecast

The Lee Enterprises Incorporated 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 $14.41 and $11.02. 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 Monday, March 25, 2024, and so far it has fallen -0.91%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Lee Enterprises Incorporated stock

On the downside, the stock finds support just below today's level from accumulated volume at $14.10 and $13.51. 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, Lee Enterprises Incorporated finds support just below today's level at $14.10. If this is broken, then the next support from accumulated volume will be at $13.51 and $13.41.

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 $1.08 between high and low, or 7.42%. For the last week the stock has had daily average volatility of 7.14%.

The Lee Enterprises Incorporated stock is overbought on RSI14 and the RSI has been falling for the last couple of days. This together with the fact that the stock is in the upper part of the trend poses a possible good selling opportunity for the short-term trader. However, one should note that some stocks 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: $14.74 (-3.67%) (This stock has very high daily movements and this gives very high risk. The RSI14 is 83 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (LEE) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Lee Enterprises Incorporated to open at $15.16, and during the day (based on 14 day Average True Range), to move between $14.39 and $16.21, which gives a possible trading interval of +/-$0.91 (+/-5.94%) up or down from last closing price. If Lee Enterprises Incorporated takes out the full calculated possible swing range there will be an estimated 11.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $15.36 (0.39%) than the support at $14.10 (7.84%), 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 Lee Enterprises Incorporated 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 Lee Enterprises Incorporated stock to perform well in the short-term.

Current score: 2.946 Buy Candidate Unchanged

Predicted Opening Price for Lee Enterprises Incorporated of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$15.16 ( 0.91%) $15.30

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

Trading levels for LEE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 16.24 6.14 %
R2 15.83 3.45 %
R1 15.57 1.78 %
Current price: 15.30
Support S1 14.75 -3.61 %
S2 14.49 -5.28 %
S3 14.08 -7.97 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 15.44 0.92 %
R1 15.36 0.392 %
Current price 15.30
Support S1 14.10 -7.84%
S2 13.51 -11.70%
S3 13.41 -12.35%

LEE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 13, 2008 Aug 28, 2008 Oct 01, 2008 $1.90 5.65%
2 May 22, 2008 May 29, 2008 Jul 01, 2008 $1.90 5.41%
3 Feb 20, 2008 Feb 28, 2008 Apr 01, 2008 $1.90 1.80%
4 Nov 14, 2007 Nov 29, 2007 Jan 02, 2008 $1.90 1.31%
5 Aug 06, 2007 Aug 29, 2007 Oct 01, 2007 $1.80 1.11%

FAQ

What is the symbol for Lee Enterprises Incorporated Stock and on which exchange is it traded?
The symbol for Lee Enterprises Incorporated is LEE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Lee Enterprises Incorporated Stock?
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 Lee Enterprises Incorporated stock to perform well in the short-term.

How to buy Lee Enterprises Incorporated Stock?
Lee Enterprises Incorporated Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Lee Enterprises Incorporated Stock.

What's the current price of Lee Enterprises Incorporated Stock?
As of the end of day on the 2024-03-27, the price of an Lee Enterprises Incorporated (LEE) share was $15.30.

What is the 52-week high and low for Lee Enterprises Incorporated Stock?
The 52-week high for Lee Enterprises Incorporated Stock is $15.89 and the 52-week low is $7.56.

What is the market capitalization of Lee Enterprises Incorporated Stock?
As of the 2024-03-27, the market capitalization of Lee Enterprises Incorporated is 93.99M.

When is the next earnings date for Lee Enterprises Incorporated?
The upcoming earnings date for Lee Enterprises Incorporated is May 02, 2024.
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About Lee Enterprises Incorporated

Lee Enterprisesorporated Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. The company offers print and digital editions of daily, weekly, and monthly newspapers and publications; and web hosting and content management services. It also provides advertising and marketing services, such as audience extension, search engine optimization, search engine marketing, web and mobile production, social media services... LEE Profile

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