Help us make better tools for you!. Read more (Published: 2017-01-12)

LOCK - LifeLock Inc Tue 24'th Jan 2017

Industry: Application Software Sector: Technology
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Hold/Accumulate

Score: -0.44

#3969 of 5186
Trend:
MV Long:
MV Short:
Pivot:
Volume:
MACD:
Accuracy: 84.00%
Risk: Low
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Stock analysis for Tue 24'th Jan 2017 (Updated daily)

Hold candidate since 2017-01-24

LifeLock Inc Stock Analysis


LifeLock Inc fell by -0.17% in the last day, from USD 23.94 to USD 23.90. The price has fallen in 5 of the last 10 days and is down by -0.08% for this period. Volume increased in the last day by 2.02 million shares, but on falling prices. This is may be an early warning and risk is increased slightly for the next couple of days. In total, 3.26 million shares bought and sold for approximately USD 77.82 million.

Trend

LifeLock Inc lies in the lower part of a wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at USD 23.47 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 37.7% during the next 3 months and, with 90% probability hold a price between USD 32.33 and USD 39.97 at the end of this period.

Signals

There are few to none technical positive signals at the moment. LifeLock Inc holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at USD 23.93 and USD 23.90. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday January 11, 2017, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Relative Strength Index (RSI)

RSI14 is 48 and the stock is currently not being overbought or oversold

Support & Resistance

LifeLock Inc finds support from accumulated volume at USD 23.87, USD 23.81, and USD 19.12. On the upside the stock meets some resistance just above today's level from accumulated volume at USD 23.91, USD 23.92 and USD 23.94.

The stock is about to test the resistance from accumulated volume at USD 23.91 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved USD 0.05 (0.21%) between high and low. For the last week, the stock has had a daily average volatility of 0.13%.

Our recommended stoploss: USD 23.51 (-1.63%) ( based on support and risk)

Evaluation

LifeLock Inc holds several negative signals and isolated this should give a sell recommendiation, but due to general chance for a turnaround situation we recommend a hold or accumulate position awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

Hold/Accumulate


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