Lamperd Less Lethal, Inc. Stock Forecast
Lamperd Less Lethal, Inc. stock upgraded from Hold/Accumulate to Buy Candidate after Monday trading session.
(Updated on Jun 17, 2024)
No changes to the price of Lamperd Less Lethal, Inc. stock on the last trading day (Monday, 17th Jun 2024). During the last trading day the stock fluctuated 0% from a day low at $0.0025 to a day high of $0.0025. The price has been going up and down for this period, and there has been a 16.28% gain for the last 2 weeks.
The stock lies in the middle of a very wide and weak 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 5.41% during the next 3 months and, with a 90% probability hold a price between $0.0020 and $0.0038 at the end of this 3-month period.
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LLLI Signals & Forecast
The Lamperd Less Lethal, Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $0.0027. On a fall, the stock will find some support from the long-term average at approximately $0.0025. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has fallen 0%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
A sell signal from a double top formation was found on Tuesday, April 30, 2024 with a target of $0.0032. Despite whether the objective of the signal formation has been reached the stock may continue to fall.
Support, Risk & Stop-loss for Lamperd Less Lethal, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.0023 and $0.0023. 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, Lamperd Less Lethal, Inc. finds support just below today's level at $0.0023. If this is broken, then the next support from accumulated volume will be at $0.0023 and $0.0022.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the 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 6.36%
Our recommended stop-loss: $0.0024 (-5.88%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (LLLI) For The Upcoming Trading Day Of Tuesday 18th
For the upcoming trading day on Tuesday, 18th we expect Lamperd Less Lethal, Inc. to open at $0.0025, and during the day (based on 14 day Average True Range), to move between $0.0021 and $0.0029, which gives a possible trading interval of +/-$0.0004 (+/-15.54%) up or down from last closing price. If Lamperd Less Lethal, Inc. takes out the full calculated possible swing range there will be an estimated 31.09% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.0023 (7.20%) than the resistance at $0.0028 (12.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Lamperd Less Lethal, Inc. 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 Lamperd Less Lethal, Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.597 Buy Candidate Upgraded
Predicted Opening Price for Lamperd Less Lethal, Inc. of Tuesday, June 18, 2024
| Fair opening price June 18, 2024 | Current price |
|---|---|
| $0.0025 ( 0%) | $0.0025 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LLLI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0025 | - |
| R2 | 0.0025 | - |
| R1 | 0.0025 | - |
| Price | 0.0025 | |
| S1 | 0.0025 | - |
| S2 | 0.0025 | - |
| S3 | 0.0025 | - |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0.0030 | 20.00% |
| R2 | 0.0029 | 16.00% |
| R1 | 0.0028 | 12.00% |
| Price | 0.0025 | |
| S1 | 0.0023 | -7.20% |
| S2 | 0.0023 | -8.00% |
| S3 | 0.0022 | -12.00% |
FAQ
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