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 LUMN
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Lumen Technologies stock upgraded to Sell Candidate.
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Gain 0.65% PDF

The Lumen Technologies stock price fell by -1.27% on the last day (Thursday, 28th Mar 2024) from $1.58 to $1.56. During the last trading day the stock fluctuated 5.19% from a day low at $1.54 to a day high of $1.62. The price has fallen in 5 of the last 10 days and is down by -1.27% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -2 million shares and in total, 8 million shares were bought and sold for approximately $12.62 million.

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 5.65% during the next 3 months and, with a 90% probability hold a price between $1.36 and $1.95 at the end of this 3-month period.

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LUMN Signals & Forecast

There are few to no technical positive signals at the moment. The Lumen Technologies stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $1.63 and $1.62. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -14.29%. 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). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Lumen Technologies stock

Lumen Technologies finds support from accumulated volume at $1.55 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0800 between high and low, or 5.19%. For the last week, the stock has had daily average volatility of 7.41%.

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

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

For the upcoming trading day on Monday, 1st we expect Lumen Technologies Inc. to open at $1.57, and during the day (based on 14 day Average True Range), to move between $1.44 and $1.68, which gives a possible trading interval of +/-$0.120 (+/-7.67%) up or down from last closing price. If Lumen Technologies Inc. takes out the full calculated possible swing range there will be an estimated 15.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.55 (0.64%) than the resistance at $1.61 (3.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Lumen Technologies Inc. stock A Buy?

The Lumen Technologies stock holds several negative signals and despite the positive trend, we believe Lumen Technologies will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.710 Sell Candidate Upgraded

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

Fair opening price April 1, 2024 Current price
$1.57 ( 0.85%) $1.56

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

Trading levels for LUMN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.65 5.98 %
R2 1.62 4.02 %
R1 1.60 2.81 %
Current price: 1.56
Support S1 1.54 -1.10 %
S2 1.52 -2.31 %
S3 1.49 -4.27 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.77 13.46 %
R2 1.62 3.85 %
R1 1.61 3.21 %
Current price 1.56
Support S1 1.55 -0.641%
S2 1.54 -1.28%
S3 1.38 -11.54%

LUMN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 18, 2022 Aug 29, 2022 Sep 09, 2022 $0.250 2.51%
2 May 19, 2022 May 27, 2022 Jun 10, 2022 $0.250 2.22%
3 Feb 24, 2022 Mar 07, 2022 Mar 18, 2022 $0.250 2.25%
4 Nov 18, 2021 Nov 26, 2021 Dec 10, 2021 $0.250 2.06%
5 Aug 19, 2021 Aug 27, 2021 Sep 10, 2021 $0.250 2.09%

FAQ

What is the symbol for Lumen Technologies Stock and on which exchange is it traded?
The symbol for Lumen Technologies is LUMN and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Lumen Technologies Stock?
The Lumen Technologies stock holds several negative signals and despite the positive trend, we believe Lumen Technologies will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

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

What's the current price of Lumen Technologies Stock?
As of the end of day on the 2024-03-28, the price of an Lumen Technologies (LUMN) share was $1.56.

What is the 52-week high and low for Lumen Technologies Stock?
The 52-week high for Lumen Technologies Stock is $2.73 and the 52-week low is $0.780.

What is the market capitalization of Lumen Technologies Stock?
As of the 2024-03-28, the market capitalization of Lumen Technologies is 1.575B.

When is the next earnings date for Lumen Technologies?
The upcoming earnings date for Lumen Technologies is May 07, 2024.
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About Lumen Technologies Inc.

Lumen Technologies Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers compute and application services, such as cloud services, IT solutions, unified communication and collabor... LUMN Profile

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