Lincoln Educational Services Corporation Stock Forecast
Lincoln Educational Services Corporation stock price up 2.04% on Tuesday
(Updated on Jul 02, 2024)
The Lincoln Educational Services Corporation stock price gained 2.04% on the last trading day (Tuesday, 2nd Jul 2024), rising from $11.74 to $11.98. During the last trading day the stock fluctuated 3.18% from a day low at $11.65 to a day high of $12.02. The price has risen in 6 of the last 10 days and is up by 11.55% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 140 thousand more shares were traded than the day before. In total, 240 thousand shares were bought and sold for approximately $2.88 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 11.38% during the next 3 months and, with a 90% probability hold a price between $11.83 and $14.97 at the end of this 3-month period.
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LINC Signals & Forecast
Mostly positive signals in the chart today. The Lincoln Educational Services 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 $11.42 and $11.33. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, June 07, 2024, and so far it has risen 16.65%. 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 is rising along with the price. This is considered to be a good technical signal.
Support, Risk & Stop-loss for Lincoln Educational Services Corporation stock
Lincoln Educational Services Corporation finds support from accumulated volume at $11.86 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.370 between high and low, or 3.18%. For the last week, the stock has had daily average volatility of 3.96%.
Our recommended stop-loss: $11.55 (-3.58%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 36 days ago.)
Trading Expectations (LINC) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect Lincoln Educational Services Corporation to open at $11.88, and during the day (based on 14 day Average True Range), to move between $11.58 and $12.38, which gives a possible trading interval of +/-$0.398 (+/-3.32%) 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 6.65% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $11.86 (1.00%) than the resistance at $12.23 (2.09%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Lincoln Educational Services 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 Lincoln Educational Services Corporation stock to perform well in the short-term.
Current score: 3.759 Buy Candidate Unchanged
Predicted Opening Price for Lincoln Educational Services Corporation of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $11.88 ( 0.81%) | $11.98 |
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 | |
|---|---|---|
| R3 | 12.25 | 2.28% |
| R2 | 12.11 | 1.10% |
| R1 | 12.02 | 0.373% |
| Price | 11.98 | |
| S1 | 11.74 | -1.99% |
| S2 | 11.65 | -2.72% |
| S3 | 11.51 | -3.90% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 12.64 | 5.51% |
| R2 | 12.55 | 4.76% |
| R1 | 12.23 | 2.09% |
| Price | 11.98 | |
| S1 | 11.86 | -1.00% |
| S2 | 11.50 | -4.01% |
| S3 | 11.39 | -4.92% |
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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