LSPD stock price today is 84.62 USD with a volume of 111,454. At the same time, its chart fluctuates between 82.67 USD – 85.00 USD. LSPD stock price was a maximum of 104.98 USD and a minimum of 29.00 USD within 52 weeks. Its average volume is 879,873 and it is ranked 11.071B in the MarketCap listings. The target point of LSPD stock price at the end of 1 year is 87.21 USD.
LSPD stock price rose 1.06% from $83.88 to $84.77 on the last trading day. During the day, the stock fluctuated 1.39% from a minimum of $83.61 to a maximum of $84.77. The price has been up 6 days over the last 10 days and has increased 19.51% in the last 2 weeks.
The volume experienced a decrease of -364 thousand shares in the last day. In total, 550 thousand shares were traded for approximately $ 46.64 million. Although the prices are increasing, the decrease in the volume means that they do not act together, which is not positive in technical analysis. In addition, the move in a different direction may serve as an early warning for possible changes in the coming days.
LSPD stock is in a very broad and horizontal trend . More movement can be expected in its position. Looking at the current position, LSPD stock could have a price range of $68.18 to $92.79 after the next 3 months. A large increase in volume usually occurs after a sideways trend is broken. Thus, stocks rarely manage to go up directly from the bottom of a trend. Stocks that are in the middle of a sideways trend and rising are considered potential runners by the analysts.
Lightspeed POS Inc
Lightspeed which is based in Montreal, Quebec, Canada, is a company that provides point-of-sale and e-commerce software. Dax da Silva founded Lightspeed company in 2005 and he is also the CEO of the company. The company was previously known as LightSpeed Retail Inc. It changed its name to Lightspeed POS Inc in October 2014.
The company, which is having offices in many cities such as Montreal, New York, Olympia, Ottawa, Santa Cruz, Ghent (Belgium) and Amsterdam, has a global structure. Lightspeed serves over 100,000 retail, restaurant and hospitality businesses in 100 countries. It provides commerce enabling Software as a Service (SaaS) platform. SaaS enables customers to interact with consumers, manage operations, accept payments. It also sells many different products such as stands, barcode scanners, receipt printers, cash drawers, payment terminals.
LSPD Stock Comment
LSPD stock receives a sell signal on short-term trades but also has a buy signal on long-term trades. The stock has a positive overall buy signal, as its short-term average is higher than its long-term average. The stock will find short-term resistance at around $86.90 with more gains During the decline, the stock could find support at around $81.25 from the long-term average.
A break of the short-term average indicates a buy signal and a break of the long-term average indicates a sell signal. There is also a buy signal in the 3-month Moving Average Convergence Divergence.
Despite the increase in prices, there was a decrease in volumes on the last trading day. The fact that the volume moves in the opposite direction to the rising price action is not a positive situation in technical analysis and may serve as an early warning in the coming days.
LSPD stock also has some negative signals and these may have some impact on near short-term trades, so the stock should be watched closely. A sell signal was issued from the pivot apex on May 26, 2021. On top of that, there has been a -4,51% decrease so far. Further declines are possible until a new low pivot is shown.
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