0% commission for ETF tradesLivePerson Inc. Stock Forecast
AI Analysis of LPSN
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Green day on Friday for LivePerson Inc. stock after gaining 1.89%
(Updated on Sep 13, 2024)
The LivePerson Inc. stock price gained 1.89% on the last trading day (Friday, 13th Sep 2024), rising from $1.06 to $1.08. During the last trading day the stock fluctuated 7.69% from a day low at $1.04 to a day high of $1.12. The price has fallen in 6 of the last 10 days and is down by -14.96% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 339 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $1.48 million.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $1.07 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 64.15% during the next 3 months and, with a 90% probability hold a price between $1.76 and $3.26 at the end of this 3-month period.
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LPSN Signals & Forecast
There are mixed signals in the stock today. The LivePerson 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 $1.25. On a fall, the stock will find some support from the short-term average at $1.07. 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. A sell signal was issued from a pivot top point on Monday, August 19, 2024, and so far it has fallen -38.64%. 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). LivePerson Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
Support, Risk & Stop-loss for LivePerson Inc. stock
LivePerson Inc. finds support from accumulated volume at $1.07 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 $0.0800 between high and low, or 7.69%. For the last week, the stock has had daily average volatility of 7.52%.
LivePerson Inc. is oversold on RSI14 (20). Some stock may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LPSN) For The Upcoming Trading Day Of Monday 16th
For the upcoming trading day on Monday, 16th we expect LivePerson Inc. to open at $1.08, and during the day (based on 14 day Average True Range), to move between $0.96 and $1.20, which gives a possible trading interval of +/-$0.122 (+/-11.32%) up or down from last closing price. If LivePerson Inc. takes out the full calculated possible swing range there will be an estimated 22.65% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $1.07 (0.93%) than the resistance at $1.26 (16.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is LivePerson Inc. stock A Buy?
LivePerson 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.
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Current score: -3.528 Sell Candidate Unchanged
Predicted Opening Price for LivePerson Inc. of Monday, September 16, 2024
| Fair opening price September 16, 2024 | Current price |
|---|---|
| $1.08 ( 0%) | $1.08 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LPSN
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.16 | 7.41% |
| R2 | 1.13 | 4.58% |
| R1 | 1.11 | 2.83% |
| Price | 1.08 | |
| S1 | 1.05 | -2.83% |
| S2 | 1.03 | -4.58% |
| S3 | 1.00 | -7.41% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 1.29 | 19.44% |
| R2 | 1.29 | 18.98% |
| R1 | 1.26 | 16.67% |
| Price | 1.08 | |
| S1 | 1.07 | -0.93% |
| S2 | 1.06 | -1.85% |
| S3 | 0.97 | -9.91% |
FAQ
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