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 LE
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Strong day for Lands stock price on Wednesday rising 7.96% to $10.04
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 26, 2024 Gain 7.96% PDF

The Lands stock price gained 7.96% on the last trading day (Wednesday, 27th Mar 2024), rising from $9.30 to $10.04. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 9.76% from a day low at $9.84 to a day high of $10.80. The price has been going up and down for this period, and there has been a 10.94% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 255 thousand more shares were traded than the day before. In total, 353 thousand shares were bought and sold for approximately $3.54 million.

Given the current horizontal trend, you can expect Lands stock with a 90% probability to be traded between $7.87 and $9.93 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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LE Signals & Forecast

The Lands 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 $8.70 and $9.10. 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 25.97%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Lands stock

On the downside, the stock finds support just below today's level from accumulated volume at $9.08 and $8.86. 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, Lands finds support just below today's level at $9.08. If this is broken, then the next support from accumulated volume will be at $8.86 and $8.60.

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 $0.96 between high and low, or 9.76%. For the last week, the stock has had daily average volatility of 8.04%.

Our recommended stop-loss: $9.66 (-3.80%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (LE) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Lands to open at $10.23, and during the day (based on 14 day Average True Range), to move between $9.46 and $10.62, which gives a possible trading interval of +/-$0.579 (+/-5.76%) up or down from last closing price. If Lands takes out the full calculated possible swing range there will be an estimated 11.52% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $9.08, some $0.96 (9.56%) from the current price of $10.04, our system finds the risk reward attractive.

Is Lands stock A Buy?

Lands holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Lands of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$10.23 ( 1.86%) $10.04

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

Trading levels for LE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 11.19 11.42 %
R2 10.82 7.77 %
R1 10.59 5.51 %
Current price: 10.04
Support S1 9.86 -1.79 %
S2 9.63 -4.05 %
S3 9.27 -7.70 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 10.04
Support S1 9.08 -9.56%
S2 8.86 -11.75%
S3 8.60 -14.34%

FAQ

What is the symbol for Lands Stock and on which exchange is it traded?
The symbol for Lands is LE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Lands Stock?
Lands holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

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

What's the current price of Lands Stock?
As of the end of day on the 2024-03-27, the price of an Lands (LE) share was $10.04.

What is the 52-week high and low for Lands Stock?
The 52-week high for Lands Stock is $10.81 and the 52-week low is $5.98.

What is the market capitalization of Lands Stock?
As of the 2024-03-27, the market capitalization of Lands is 292.445M.

When is the next earnings date for Lands?
The upcoming earnings date for Lands is May 30, 2024.
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About Lands

Lands Lands' End, Inc. operates as a uni-channel retailer of casual clothing, accessories, footwear, and home products in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, Europe eCommerce, Japan eCommerce, Outfitters, Third Party, and Retail segments. The company sells its products online through e-commerce, company operated stores, as well as through third party distribution channels under the Lands' End, Let's... LE Profile

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