LYFT INC. - Weekly - Technical analysis published on 11/22/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 11.92 USD
My targets
10.27 USD (-6.78%)
9.21 USD (-16.45%)
My analysis
LYFT INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 11.92 USD. The next support located at 10.27 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 9.21 USD. Below this support, sellers could then target 7.59 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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This analysis was given by ErnestMoney. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LYFT INC. price is 11.02 USD. The price registered a decrease of -15.69% over 5 days with the lowest point at 10.43 USD and the highest point at 11.60 USD. The deviation from the price is +5.66% for the low point and -5.00% for the high point.10.43
11.60
11.02
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this LYFT INC. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 4 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish doji star
Type : Bullish
Timeframe : Weekly
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 11.02 | 22.23 | 37.65 | 53.94 |
| Change (%) | - | +101.72% | +241.65% | +389.47% |
| Change | - | +11.21 | +26.63 | +42.92 |
| Level | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.47 | 10.60 | 10.83 | 10.96 | 11.19 | 11.32 | 11.55 |
| Camarilla | 10.95 | 10.98 | 11.02 | 11.05 | 11.08 | 11.12 | 11.15 |
| Woodie | 10.51 | 10.63 | 10.87 | 10.99 | 11.23 | 11.35 | 11.59 |
| Fibonacci | 10.60 | 10.74 | 10.83 | 10.96 | 11.10 | 11.19 | 11.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.60 | 9.34 | 10.27 | 12.01 | 12.94 | 14.68 | 15.61 |
| Camarilla | 10.48 | 10.72 | 10.97 | 11.21 | 11.46 | 11.70 | 11.94 |
| Woodie | 7.21 | 9.14 | 9.88 | 11.81 | 12.55 | 14.48 | 15.22 |
| Fibonacci | 9.34 | 10.36 | 10.99 | 12.01 | 13.03 | 13.66 | 14.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.59 | 9.21 | 11.92 | 13.54 | 16.25 | 17.87 | 20.58 |
| Camarilla | 13.45 | 13.85 | 14.24 | 14.64 | 15.04 | 15.43 | 15.83 |
| Woodie | 8.15 | 9.48 | 12.48 | 13.81 | 16.81 | 18.14 | 21.14 |
| Fibonacci | 9.21 | 10.86 | 11.88 | 13.54 | 15.19 | 16.21 | 17.87 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 34.53 | |
| MACD (12,26,9): | -3.3300 | |
| Directional Movement: | -11.77 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 10.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.40 | |
| Elder Ray (13): | -2.77 | |
| Super Trend (3,10): | 18.63 | |
| Zig ZAG (10): | 11.02 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 10.88 | |
| TEMA (21): | 11.52 | |
| Williams %R (14): | -93.25 | |
| Chande Momentum Oscillator (20): | -3.63 | |
| Repulse (5,40,3): | -18.2900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -2.5900 | |
| Courbe Coppock: | 42.09 |
| MA7: | 11.80 | |
| MA20: | 12.87 | |
| MA50: | 13.51 | |
| MA100: | 14.50 | |
| MAexp7: | 12.49 | |
| MAexp20: | 15.06 | |
| MAexp50: | 23.21 | |
| MAexp100: | 31.58 | |
| Price / MA7: | -6.61% | |
| Price / MA20: | -14.37% | |
| Price / MA50: | -18.43% | |
| Price / MA100: | -24.00% | |
| Price / MAexp7: | -11.77% | |
| Price / MAexp20: | -26.83% | |
| Price / MAexp50: | -52.52% | |
| Price / MAexp100: | -65.10% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on LYFT INC. at the time of the analysis were as follows:
- Argo AI and Ford to Launch Self-Driving Vehicles on Lyft Network by End of 2021
- Lyft Announces Fourth Quarter and Fiscal Year Results
- Lyft To Announce Fourth Quarter 2020 Financial Results
- Lyft President and Co-Founder to Participate in Fireside Chat at the Credit Suisse 24th Annual Technology Conference
- Lyft Announces Third Quarter Results
This member declared not having a position on this financial instrument or a related financial instrument.
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