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Lemonade Stock Due for a Short-Term Bounce
Schaeffers Investment Research· 2026-02-05 19:09
Core Insights - Lemonade Inc (NYSE:LMND) stock reached a four-year high of $99.90 on January 22, driven by the announcement of its autonomous car insurance in collaboration with Tesla (TSLA) FSD models [1] - Despite a subsequent decline in stock price, the pullback may be temporary due to strong technical support levels, particularly around $70 and the ascending 100-day moving average [1] Technical Analysis - The stock is currently within 0.75 of its 100-day moving average's 20-day average true range (ATR), having remained above this level 80% of the time over the past two weeks and 80% of the last 42 trading sessions [2] - Historical data indicates that similar conditions have led to a 67% chance of LMND being higher one month later, with an average gain of 14.2%, suggesting a potential price target of $79.36 from the current level of $69.50 [2] Market Sentiment - A significant short interest of 19.4% of the stock's available float indicates potential for upward movement, as this represents nearly five days' worth of buying power [3] - The majority of analysts covering the stock (11 out of 14) have a "hold" or worse rating, indicating potential for upgrades and positive sentiment shifts [3]
TripAdvisor Stock Looks Due for a Short-Term Bounce
Schaeffers Investment Research· 2025-11-04 20:15
Core Viewpoint - TripAdvisor Inc (NASDAQ:TRIP) stock has experienced a pullback from its 52-week high of $20.16, but a potential short-term bounce is anticipated as the stock trades at $14.68, a level that has historically provided support [1] Group 1: Stock Performance - The stock is currently down 4.7% from its recent high, but it has maintained a level that has kept losses in check during October [1] - The stock has interacted with a historically bullish trendline, indicating potential upward movement [1] Group 2: Technical Indicators - The equity is within 0.75 of the 320-day moving average's 20-day average true range (ATR), having remained above this level 80% of the time in the last two weeks and 80% of the last 42 trading sessions [2] - Historical data shows that similar signals have led to a 75% chance of the stock being higher one month later, with an average gain of 15.9% [2] Group 3: Short Interest - Short interest in TripAdvisor represents 21.9% of the stock's available float, indicating significant potential for short covering to drive the stock price up [4] - It would take nearly 10 days to cover the short interest at the average trading pace, suggesting a potential catalyst for price movement [4]