Today LITB ranks # as SELL CANDIDATE.
Today LITB ranks # as SELL CANDIDATE.

LITB stock LightInTheBox Holding Co Ltd

LITB stock
LightInTheBox Holding Co Ltd

February 15, 2019
Change -1.71%
Chart period: 2018-11-16 - 2019-02-15
VOLUME
Sell
TREND
Sell

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will LITB stock price go up or down on Tue, 19 Feb 2019?

LightInTheBox Holding Co Ltd Forecast and Stock Analysis

Technical LITB stock analysis for February 15, 2019.

Sell candidate since 2019-01-23 Loss -13.75%
Shorts 1.96% ( 2019-01-31 )
Cash n/a
Loans n/a
Beta -0.78
ROA -49.90

LightInTheBox Holding Co Ltd fell by -1.71% in the last day from $0.70 to $0.69 The price has fallen in 4 of the last 10 days and is down by -9.8% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -99 259 shares and in total 52 008 shares bought and sold for approximately $35 885.50.

Close price at the end of the last trading day (Friday, 15th Feb 2019) of the LITB stock was $0.69. This is 1.71% less than the trading day before Thursday, 14th Feb 2019.

During day the stock fluctuated 5.65% from a day low at $0.69 to a day high of $0.73.

30 day high of the LITB stock price was $0.84 and low was $0.68.
90 day high was $1.46 and low was $0.60.
52 week high for the LightInTheBox Holding Co Ltd - $2.55 and low - $0.60.

Trend

LightInTheBox Holding Co Ltd lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.34% during the next 3 months and, with 90% probability hold a price between $0.30 and $0.98 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Monday February 11, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. LightInTheBox Holding Co Ltd holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $0.71 and $0.81. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

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Relative Strength Index (RSI)

The stock currently holds a RSI14 at 24 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $0.64 and $0.64.

There is 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, LightInTheBox Holding Co Ltd finds support just below today's level at $0.64. If this is broken, then the next support from accumulated volume will be at $0.64 and $0.63.

Support: $0.64 Price: $0.69 Resistance: $0.73

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.04 between high and low, or 5.65%. For the last week the stock has had a daily average volatility of 8.22%.

LightInTheBox Holding Co Ltd is oversold on RSI14 (24). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

LightInTheBox Holding Co Ltd holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Today LITB ranks # as SELL CANDIDATE.
Today LITB ranks # as SELL CANDIDATE.