LivePerson Inc. Stock Forecast
High volatility in LivePerson Inc. stock price on Tuesday which ended trading at $0.495
(Updated on Apr 23, 2024)
The LivePerson Inc. stock price gained 6.91% on the last trading day (Tuesday, 23rd Apr 2024), rising from $0.463 to $0.495. During the last trading day the stock fluctuated 14.30% from a day low at $0.451 to a day high of $0.515. The price has fallen in 7 of the last 10 days and is down by -37.65% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 5 million shares were bought and sold for approximately $2.68 million.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this stock. 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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LPSN Signals & Forecast
A buy signal was issued from a pivot bottom point on Monday, April 22, 2024, and so far it has risen 6.91%. 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. The LivePerson Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell 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 $0.542 and $0.88. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for LivePerson Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $0.463. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0644 between high and low, or 14.30%. For the last week, the stock has had daily average volatility of 11.65%.
LivePerson Inc. is oversold on RSI14 (14). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (LPSN) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect LivePerson Inc. to open at $0.487, and during the day (based on 14 day Average True Range), to move between $0.406 and $0.584, which gives a possible trading interval of +/-$0.0891 (+/-17.99%) up or down from last closing price. If LivePerson Inc. takes out the full calculated possible swing range there will be an estimated 35.98% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $0.463 (6.46%) than the resistance at $0.567 (14.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is LivePerson Inc. stock A Buy?
LivePerson Inc. 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.
Current score: -2.952 Sell Candidate Unchanged
Predicted Opening Price for LivePerson Inc. of Wednesday, April 24, 2024
| Fair opening price April 24, 2024 | Current price |
|---|---|
| $0.487 ( 1.67%) | $0.495 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for LPSN
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.551 | 11.34 % | |
| R2 | 0.527 | 6.37 % | ||
| R1 | 0.511 | 3.30 % | ||
| Current price: | 0.495 | |||
| Support | S1 | 0.462 | -6.64 % | |
| S2 | 0.447 | -9.71 % | ||
| S3 | 0.422 | -14.68 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 0.617 | 24.62 % | |
| R2 | 0.603 | 21.73 % | ||
| R1 | 0.567 | 14.56 % | ||
| Current price | 0.495 | |||
| Support | S1 | 0.463 | -6.46% | |
| S2 | 0 | . | ||
| S3 | 0 | . |
FAQ
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