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 LNSR
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Volatile ride for LENSAR, Inc. stock price on Thursday moving between $3.36 and $3.75
(Updated on Mar 28, 2024)

Sell candidate since Mar 08, 2024 Loss -16.94% PDF

The LENSAR, Inc. stock price fell by -9.65% on the last day (Thursday, 28th Mar 2024) from $3.76 to $3.40. During the last trading day the stock fluctuated 11.61% from a day low at $3.36 to a day high of $3.75. The price has been going up and down for this period, and there has been a -0.09% loss for the last 2 weeks. Volume has increased on the last day by 29 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 43 thousand shares were bought and sold for approximately $146.18 thousand.

The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $3.35 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.57% during the next 3 months and, with a 90% probability hold a price between $3.43 and $5.17 at the end of this 3-month period.

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LNSR Signals & Forecast

There are few to no technical positive signals at the moment. The LENSAR, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $3.62 and $4.29. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, February 28, 2024, and so far it has fallen -32.06%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). LENSAR, Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for LENSAR, Inc. stock

LENSAR, Inc. finds support from accumulated volume at $3.35 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 much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.390 between high and low, or 11.61%. For the last week, the stock has had daily average volatility of 12.90%.

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

Trading Expectations (LNSR) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect LENSAR, Inc. to open at $3.50, and during the day (based on 14 day Average True Range), to move between $2.89 and $3.90, which gives a possible trading interval of +/-$0.506 (+/-14.91%) up or down from last closing price. If LENSAR, Inc. takes out the full calculated possible swing range there will be an estimated 29.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.40 (0.09%) than the support at $3.35 (1.38%), 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 LENSAR, Inc. stock A Buy?

The LENSAR, Inc. stock holds several negative signals and despite the positive trend, we believe LENSAR, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.671 Sell Candidate Unchanged

Predicted Opening Price for LENSAR, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$3.50 ( 3.10%) $3.40

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

Trading levels for LNSR

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 3.89 14.58 %
R2 3.74 10.20 %
R1 3.65 7.49 %
Current price: 3.40
Support S1 3.35 -1.28 %
S2 3.26 -3.99 %
S3 3.11 -8.38 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.96 16.57 %
R2 3.47 2.15 %
R1 3.40 0.0883 %
Current price 3.40
Support S1 3.35 -1.38%
S2 3.25 -4.33%
S3 0 .

FAQ

What is the symbol for LENSAR, Inc. Stock and on which exchange is it traded?
The symbol for LENSAR, Inc. is LNSR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell LENSAR, Inc. Stock?
The LENSAR, Inc. stock holds several negative signals and despite the positive trend, we believe LENSAR, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of LENSAR, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an LENSAR, Inc. (LNSR) share was $3.40.

What is the 52-week high and low for LENSAR, Inc. Stock?
The 52-week high for LENSAR, Inc. Stock is $5.30 and the 52-week low is $1.80.

What is the market capitalization of LENSAR, Inc. Stock?
As of the 2024-03-28, the market capitalization of LENSAR, Inc. is 38.709M.

When is the next earnings date for LENSAR, Inc.?
The upcoming earnings date for LENSAR, Inc. is May 20, 2024.
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About LENSAR, Inc.

LENSAR. LENSAR, Inc., a commercial-stage medical device company, focuses on designing, developing, and marketing a femtosecond laser system for the treatment of cataracts and the management of pre-existing or surgically induced corneal astigmatism. Its LENSAR Laser System incorporates a range of proprietary technologies designed to assist the surgeon in obtaining visual outcomes, efficiency, and reproducibility by providing imaging, procedure planning, d... LNSR Profile

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