Lion Group Holding Ltd (LGHL)

[boston127]

How low can we go?

There are mixed signals in the stock today. The Lion Financial Group Limited stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $0.227. On a fall, the stock will find some support from the short-term average at $0.136. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Thursday, May 04, 2023, and so far it has risen 15.80%. Further rise is indicated until a new top pivot has been found.