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 LSF
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Volatile ride for Laird Superfood Inc stock price on Thursday moving between $2.36 and $2.61
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 08, 2024 Gain 182.35% PDF

The Laird Superfood Inc stock price fell by -7.69% on the last day (Thursday, 28th Mar 2024) from $2.60 to $2.40. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 10.59% from a day low at $2.36 to a day high of $2.61. The price has fallen in 6 of the last 10 days but is still up by 0.42% over the past 2 weeks. Volume has increased on the last day by 23 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, 208 thousand shares were bought and sold for approximately $499.74 thousand.

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 81.82% during the next 3 months and, with a 90% probability hold a price between $2.17 and $6.25 at the end of this 3-month period.

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LSF Signals & Forecast

The Laird Superfood 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 $2.78. On a fall, the stock will find some support from the long-term average at approximately $1.44. 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. 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 Friday, March 15, 2024, and so far it has fallen -25.23%. Further fall is indicated until a new bottom pivot has been found. Laird Superfood 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 Laird Superfood Inc stock

Laird Superfood Inc finds support from accumulated volume at $2.39 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 $0.250 between high and low, or 10.59%. For the last week, the stock has had daily average volatility of 11.94%.

Our recommended stop-loss: $2.29 (-4.66%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 9 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Laird Superfood Inc to open at $2.46, and during the day (based on 14 day Average True Range), to move between $2.04 and $2.76, which gives a possible trading interval of +/-$0.357 (+/-14.87%) up or down from last closing price. If Laird Superfood Inc takes out the full calculated possible swing range there will be an estimated 29.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.39 (0.42%) than the resistance at $2.57 (7.08%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Laird Superfood 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 Laird Superfood Inc stock to perform well in the short-term.

Current score: 1.675 Buy Candidate Unchanged

Predicted Opening Price for Laird Superfood Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$2.46 ( 2.36%) $2.40

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

Trading levels for LSF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.71 12.78 %
R2 2.61 8.80 %
R1 2.55 6.34 %
Current price: 2.40
Support S1 2.36 -1.62 %
S2 2.30 -4.08 %
S3 2.21 -8.06 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.98 24.17 %
R2 2.78 15.83 %
R1 2.57 7.08 %
Current price 2.40
Support S1 2.39 -0.417%
S2 2.33 -2.92%
S3 1.90 -20.83%

FAQ

What is the symbol for Laird Superfood Inc Stock and on which exchange is it traded?
The symbol for Laird Superfood Inc is LSF and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell Laird Superfood Inc 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 Laird Superfood Inc stock to perform well in the short-term.

How to buy Laird Superfood Inc Stock?
Laird Superfood 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 Laird Superfood Inc Stock.

What's the current price of Laird Superfood Inc Stock?
As of the end of day on the 2024-03-28, the price of an Laird Superfood Inc (LSF) share was $2.40.

What is the 52-week high and low for Laird Superfood Inc Stock?
The 52-week high for Laird Superfood Inc Stock is $3.48 and the 52-week low is $0.650.

What is the market capitalization of Laird Superfood Inc Stock?
As of the 2024-03-28, the market capitalization of Laird Superfood Inc is 22.595M.

When is the next earnings date for Laird Superfood Inc?
The upcoming earnings date for Laird Superfood Inc is May 08, 2024.
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About Laird Superfood Inc

Laird Superfood Laird Superfood, Inc. manufactures and markets plant-based natural and functional food in the United States. It offers powdered and liquid coffee creamers, and hydration and beverage enhancing supplements; hydrate coconut water products, activate daily jumpstart products, activate prebiotic daily greens, renew plant-based proteins, and performance mushroom supplements; coffee, tea, hot chocolate products; and Pili nuts and Harvest dates. The comp... LSF Profile

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