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 LTNC
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Volatile ride for Labor Smart, Inc. stock price on Thursday moving between $0.0011 and $0.0030
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Labor Smart, Inc. stock price gained 42.86% on the last trading day (Thursday, 28th Mar 2024), rising from $0.0021 to $0.0030. During the last trading day the stock fluctuated 172.73% from a day low at $0.0011 to a day high of $0.0030. The price has risen in 5 of the last 10 days and is up by 50% 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, 14 million more shares were traded than the day before. In total, 16 million shares were bought and sold for approximately $49.48 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 82.43% during the next 3 months and, with a 90% probability hold a price between $0.0029 and $0.0063 at the end of this 3-month period.

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LTNC Signals & Forecast

Mostly positive signals in the chart today. The Labor Smart, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $0.0020 and $0.0022. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 114.29%. 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). Labor Smart, 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. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Labor Smart, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.0026 and $0.0025. 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, Labor Smart, Inc. finds support just below today's level at $0.0026. If this is broken, then the next support from accumulated volume will be at $0.0025 and $0.0024.

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 $0.0019 between high and low, or 172.73%. For the last week, the stock has had daily average volatility of 136.73%.

Our recommended stop-loss: $0.0029 (-3.90%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from a pivot bottom found 7 days ago.)

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

For the upcoming trading day on Monday, 1st we expect Labor Smart, Inc. to open at $0.0024, and during the day (based on 14 day Average True Range), to move between $0.0017 and $0.0043, which gives a possible trading interval of +/-$0.0013 (+/-44.12%) up or down from last closing price. If Labor Smart, Inc. takes out the full calculated possible swing range there will be an estimated 88.24% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.0026, some $0.0004 (13.33%) from the current price of $0.0030, our system finds the risk reward attractive.

Is Labor Smart, 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 Labor Smart, Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 4.632 Buy Candidate Upgraded

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

Fair opening price April 1, 2024 Current price
$0.0024 ( 21.11%) $0.0030

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

Trading levels for LTNC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0043 42.22 %
R2 0.0035 18.03 %
R1 0.0031 3.08 %
Current price: 0.0030
Support S1 0.0016 -45.30 %
S2 0.0012 -60.25 %
S3 0.0005 -84.44 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 0.0030
Support S1 0.0026 -13.33%
S2 0.0025 -16.67%
S3 0.0024 -20.00%

FAQ

What is the symbol for Labor Smart, Inc. Stock and on which exchange is it traded?
The symbol for Labor Smart, Inc. is LTNC and it is traded on the OTCBB (OTC Bulletin Board).

Should I buy or sell Labor Smart, 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 Labor Smart, Inc. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Labor Smart, Inc. Stock?
Labor Smart, 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 Labor Smart, Inc. Stock.

What's the current price of Labor Smart, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Labor Smart, Inc. (LTNC) share was $0.0030.

What is the 52-week high and low for Labor Smart, Inc. Stock?
The 52-week high for Labor Smart, Inc. Stock is $0.0030 and the 52-week low is $0.000001.

What is the market capitalization of Labor Smart, Inc. Stock?
As of the 2024-03-28, the market capitalization of Labor Smart, Inc. is 23.667M.
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