Lightspeed Commerce Inc. (LSPD) Recently Broke Out Above the 20-Day Moving Average

Given this move in earnings estimate revisions and the positive technical factor, investors may want to keep their eye on LSPD for more gains in the near future. Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend. Over the past four weeks, LSPD has gained 16.2%. The company is currently ranked a Zacks Rank #2 (Buy), another strong indication the stock could move even higher. Once inve ...