Lightspeed Commerce Inc. (LSPD) Recently Broke Out Above the 200-Day Moving Average

Group 1 - Lightspeed Commerce Inc. (LSPD) has recently reached a key level of support and overtook the 200-day moving average, indicating a long-term bullish trend [1] - LSPD shares have increased by 19.3% over the past four weeks, and the company holds a Zacks Rank 2 (Buy), suggesting potential for continued growth [2] - Positive earnings estimate revisions have been noted, with no estimates decreasing in the past two months and two estimates increasing, indicating a favorable outlook for the company [3] Group 2 - The 200-day simple moving average is a significant indicator for establishing market trends and serves as a support or resistance level for LSPD [2] - The combination of positive earnings estimate revisions and technical indicators positions LSPD as a stock to watch for potential gains in the near future [3]