Stock Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Luckin Coffee Inc. (NASDAQ:LK)
Long-Term Uptrend (+90) - LK is in a strong uptrend that is likely to continue. While LK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid LK?
MarketClub looks at technical strength and momentum to determine if the timing is right for LK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LK
The long-term trend has been UP since Nov 15th, 2019 at 26.38
The intermediate-term trend has been UP since Feb 18th, 2020 at 40.24
The short-term trend has been UP since Feb 26th, 2020 at 40.73
Smart Scan Analysis for LK
Based on our trend formula, LK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||45.73||52wk High Date||2020-01-10|
|52wk Low||13.71||52wk Low Date||2019-05-23|
|Average Volume||13,420,904||Shares Outstanding||30,000|