

is an international facilities-based technology and communications company engaged primarily in providing a range of integrated services to its business and mass markets customers. Systematic retrieval of data or other content from, whether to create or compile, post to other websites, directly or indirectly, as text, video or audio, a collection, compilation, database or directory, is prohibited absent our express prior written consent.Communication Services : Diversified Telecommunication Services | Mid Cap Value Company profile Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. You may use and the contents contained in solely for your own individual non-commercial and informational purposes only. Liable for your own investment decisions and agree to the Users should not base their investment decision upon.

is a research service that provides financial data and technical analysis of publicly traded stocks.Īll users should speak with their financial advisor before buying or selling any securities. We therefore hold a negative evaluation of this stock. Lumen Technologies holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. Our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance. Since the stock is closer to the support from accumulated volume at $10.77 (1.01%)
#LUMEN TECHNOLOGY STOCK FULL#
takes out the full calculated possible swing range there will be an estimated 5.61% move between the lowest and the highest trading price during the day. Which gives a possible trading interval of +/-$0.31 (+/-2.81%) up or down from last closing price. to open at $10.86, and during day (based on 14 day Average True Range), Trading Expectations For The Upcoming Trading Day Of Wednesday 24thįor the upcoming trading day on Wednesday 24th we expect Lumen Technologies Inc. We hold a negative evaluation for this stock. For the last week the stock has had a daily average volatility of 2.02%. During the last day, the stock moved $0.20 between high and low, or 1.81%. In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. Lumen Technologies finds support from accumulated volume at $10.77 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Further fall is indicated until a new bottom pivot has been found. A sell signal was issued from a pivot top point on Monday, June 27, 2022, and so far it has fallen -4.31%. A break-up above any of these levels will issue buy signals.

On corrections up, there will be some resistance from the lines at $11.01 and $10.88. The Lumen Technologies stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Some negative signals were issued as well, and these may have some influence on the near short-term development. This causes a divergence between volume and price and it may be an early warning. Volume fell during the last trading day despite gaining prices.
