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 LGL
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Stronger technical forecast for The LGL Group, Inc stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The The LGL Group, Inc stock price gained 1.60% on the last trading day (Wednesday, 27th Mar 2024), rising from $6.25 to $6.35. During the last trading day the stock fluctuated 2.42% from a day low at $6.20 to a day high of $6.35. The price has risen in 6 of the last 10 days and is up by 1.44% 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, 84 more shares were traded than the day before. In total, 3 thousand shares were bought and sold for approximately $17.21 thousand.

The stock lies in the middle of a 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 3.45% during the next 3 months and, with a 90% probability hold a price between $6.09 and $6.88 at the end of this 3-month period.

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LGL Signals & Forecast

The The LGL Group, Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $6.26 and $6.25. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). The LGL Group, 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. 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 Monday, March 25, 2024, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for The LGL Group, Inc stock

The LGL Group, Inc finds support from accumulated volume at $6.20 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 $0.150 between high and low, or 2.42%. For the last week, the stock has had daily average volatility of 2.47%.

Our recommended stop-loss: $6.10 (-3.90%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 2 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect The LGL Group, Inc to open at $6.30, and during the day (based on 14 day Average True Range), to move between $6.11 and $6.59, which gives a possible trading interval of +/-$0.242 (+/-3.81%) up or down from last closing price. If The LGL Group, Inc takes out the full calculated possible swing range there will be an estimated 7.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $6.39 (0.63%) than the support at $6.20 (2.36%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is The LGL Group, Inc stock A Buy?

The LGL Group, Inc 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.834 Hold/Accumulate Upgraded

Predicted Opening Price for The LGL Group, Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$6.30 ( 0.787%) $6.35

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

Trading levels for LGL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 6.45 1.57 %
R2 6.39 0.672 %
R1 6.36 0.115 %
Current price: 6.35
Support S1 6.24 -1.69 %
S2 6.21 -2.25 %
S3 6.15 -3.15 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 6.45 1.57 %
R2 6.44 1.42 %
R1 6.39 0.630 %
Current price 6.35
Support S1 6.20 -2.36%
S2 6.14 -3.39%
S3 6.05 -4.72%

LGL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 02, 1999 Sep 02, 1999 Sep 02, 1999 $31.69 157.58%
2 Jan 03, 1989 Jan 03, 1989 Jan 03, 1989 $0.0609 0.762%
3 Sep 30, 1988 Oct 03, 1988 Oct 31, 1988 $0.0305 0.374%
4 Jun 28, 1988 Jun 28, 1988 Jun 28, 1988 $0.0609 0.755%
5 Feb 26, 1988 Mar 02, 1988 Mar 25, 1988 $0.0305 0.449%

FAQ

What is the symbol for The LGL Group, Inc Stock and on which exchange is it traded?
The symbol for The LGL Group, Inc is LGL and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell The LGL Group, Inc Stock?
The LGL Group, Inc 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy The LGL Group, Inc Stock?
The LGL Group, 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 The LGL Group, Inc Stock.

What's the current price of The LGL Group, Inc Stock?
As of the end of day on the 2024-03-27, the price of an The LGL Group, Inc (LGL) share was $6.35.

What is the 52-week high and low for The LGL Group, Inc Stock?
The 52-week high for The LGL Group, Inc Stock is $6.76 and the 52-week low is $4.15.

What is the market capitalization of The LGL Group, Inc Stock?
As of the 2024-03-27, the market capitalization of The LGL Group, Inc is 33.991M.

When is the next earnings date for The LGL Group, Inc?
The upcoming earnings date for The LGL Group, Inc is Apr 15, 2024.
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About The LGL Group, Inc

The LGL Group, Inc., together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company operates through two segments, Electronic Components and Electronic Instruments. The Electronic Components segment offers clock oscillators, VCXO, TCXO OCXO, and DOCXO devices; and radio frequency, microwave and millimeter wave filters, diplexers, an... LGL Profile

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