BEST STOCKS TO BUY TODAY: LMND @05/08/2023
| Ticker | LMND, Lemonade, Inc. | Note |
| Last Price | 16.26 | |
| Buy | 16.26 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 17.89 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 14.35 | |
| Reward/Risk | .85 : 1 |
Above is the summary of one of our Best Stocks To buy.
More Technical Status
| ATR | 1.04 | |
| Beta | – | |
| RSI(14) | 70.44 | |
| SMA20 | 30.49% | Distance to SMA20 |
| SMA50 | 21.44% | Distance to SMA50 |
| Recommendation | 3.20 | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. LMND is one of them. Let’s take a look at this stock’s chart (The first chart below is a live chart).
LMND made an aggressive move in past 3 days. And it is clearly breaks out the down trendline. I think it will retest on $15 level and then go higher to previous high which is about $19 level.
