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LMPX NEWS why is Lmp Automotive Holdings Inc price falling or rising

LMPX NEWS reasons for why stock price of Lmp Automotive Holdings Inc is falling or rising

LMPX Lmp Automotive is falling or rising technical reasons

Technical analysis forecast of Lmp Automotive Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Lmp Automotive LMPX at this time. Stock is rising and might rise more.

It appears as if Lmp Automotive LMPX gave a large move recently.

Stock of Lmp Automotive (LMPX) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Lmp Automotive is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.8 as stoploss in an intra day sell trade for a target of 7.77. However, stock will show a bullish move above 8.8.

LMPX Lmp Automotive is falling or rising NEWS fundamental reasons

More announcements and NEWS

LMPX Lmp Automotive Holdings Inc current price & indicator signals

Moving Averages for Lmp Automotive Holdings Inc

  • 5Day Average: 8.74
  • 12Day Average: 8.4
  • 20Day Average: 7.67
  • 50Day Average: 6.18
  • 100Day Average: 5.2
  • 150Day Average: 5.25
  • 200Day Average: 6.06

LMPX Indicators & signals

Indicator MACD (12,26,9)

8.27, 7.45, 0.81
Indicator MACD is in positive zone

Indicator ADX (14)

28, 22.86, 12.86
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of LMPX Lmp Automotive Holdings Inc are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Wed Aug 2022 8.45 8.33 to 9.00 -3.43% 1.41 times
23 Tue Aug 2022 8.75 8.67 to 9.10 0% 0.75 times
23 Tue Aug 2022 8.75 8.67 to 9.10 -1.46% 0.75 times
22 Mon Aug 2022 8.88 8.61 to 9.08 0.23% 0.59 times
19 Fri Aug 2022 8.86 8.52 to 9.08 0.91% 0.31 times
18 Thu Aug 2022 8.78 8.46 to 9.23 1.5% 0.49 times
17 Wed Aug 2022 8.65 8.00 to 9.05 2.13% 0.74 times
16 Tue Aug 2022 8.47 7.64 to 9.25 7.08% 2.22 times
15 Mon Aug 2022 7.91 7.25 to 8.33 -1.37% 2.43 times
12 Fri Aug 2022 8.02 7.75 to 8.25 3.22% 0.88 times
11 Thu Aug 2022 7.77 7.40 to 8.20 4.16% 0.83 times
10 Wed Aug 2022 7.46 7.03 to 8.07 -2.61% 1.02 times

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