LMND Stock Lemonade (LMND, $17.48) entered Downtrend as Momentum indicator drops below 0 level on May 07, 2024

A.I.dvisor
at Tickeron.com
05/08/24
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LMND - Lemonade
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $17.48
Daily change: -$0.45 (-2.51%)
Daily volume: 1.1M
Capitalization: $1.2B
Industry: Property/Casualty Insurance
This indicator may be signaling that LMND's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 69 similar cases where LMND's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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LMNDDaily Signal changed days agoGain/Loss if shorted
 
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General Information

an insurance holding company, which engages in the provision of home and renters insurance services

Industry PropertyCasualtyInsurance

Profile
Fundamentals
Details
Industry
N/A
Address
5 Crosby Street
Phone
+1 844 733-8666
Employees
1258
Web
https://www.lemonade.com