LKCO Luokung Technology Corp Forecast, Technical & Fundamental Analysis

LKCO in upward trend: 10-day moving average crossed above 50-day moving average on January 31, 2025

The 10-day moving average for LKCO crossed bullishly above the 50-day moving average on January 31, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 76 cases where LKCO's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for LKCO just turned positive on February 11, 2025. Looking at past instances where LKCO's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

LKCO moved above its 50-day moving average on February 18, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LKCO advanced for three days, in of 204 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 14, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on LKCO as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LKCO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .