Lyft Stock Rallies Right Into 'Sell' Signal

Shares of ride-hailing platform Lyft Inc (NASDAQ:LYFT) are 1% higher at $11.47 at last glance, as they look to log their third win in four sessions. LYFT has struggled this year, though, logging five-straight monthly losses and gaining in just five of the last 20 weeks. The security carries a 23.5% year-to-date deficit, and a bear signal currently flashing on the charts suggests there's more trouble ahead. According to a study from Schaeffer's Senior Quantitative Analyst Rocky White, LYFT just ran into the ...