Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
LENOVO GROUP LTD S/ADR (NASDAQ:LNVGY)
Bull Market Weakness (+75) - LNVGY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LNVGY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LNVGY?
MarketClub looks at technical strength and momentum to determine if the timing is right for LNVGY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LNVGY
The long-term trend has been DOWN since Feb 2nd, 2024 at 20.81
The intermediate-term trend has been UP since Apr 29th, 2024 at 23.28
The short-term trend has been UP since May 2nd, 2024 at 23.72
Smart Scan Analysis for LNVGY
Based on our trend formula, LNVGY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.0600 | 24.0600 | 23.9554 | 24.0200 | -0.0200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.0200 | 29810 | 2024-05-08 15:47:00 |
| Year High | 15.272 | Year High Date | 2018-10-04 |
| Year Low | 8.97 | Year Low Date | 2018-04-26 |
| 52wk High | 28.79 | 52wk High Date | 2023-12-29 |
| 52wk Low | 17.98 | 52wk Low Date | 2023-05-25 |
| Year End Close | 18.3 | Average Volume | 41,965 |
| Shares Outstanding | 514,267 | % Institutional | 0.6 |
| Assets | 445,104,440M | Liabilities | 400,671,580M |
| Beta | 1.03 | Volatility | 30.4 |