Luminar Technologies Forms Hammer Chart Pattern Time for Bottom Fishing?
LAZR Stock | USD 8.45 0.43 4.84% |
Slightly above 74% of Luminar Technologies' investor base is looking to short. The analysis of overall sentiment of trading Luminar Technologies stock suggests that many investors are alarmed at this time. Luminar Technologies' investing sentiment overview a quick insight into current market opportunities from investing in Luminar Technologies. Many technical investors use Luminar Technologies stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Luminar |
Luminar Technologies witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
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Luminar Technologies Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Luminar Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Luminar Technologies Maximum Pain Price across 2024-12-06 Option Contracts
Luminar Technologies' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Luminar Technologies close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Luminar Technologies' options.
Luminar Technologies Fundamental Analysis
We analyze Luminar Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Luminar Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Luminar Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Debt
Total Debt Comparative Analysis
Luminar Technologies is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Luminar Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Luminar Technologies stock to make a market-neutral strategy. Peer analysis of Luminar Technologies could also be used in its relative valuation, which is a method of valuing Luminar Technologies by comparing valuation metrics with similar companies.
Peers
Luminar Technologies Related Equities
QS | Quantumscape Corp | 0.57 |
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WPRT | Westport Fuel | 0.84 |
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AEVA | Aeva Technologies | 1.96 |
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MBLY | Mobileye Global | 3.66 |
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LIDR | Aeye | 5.31 |
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KNDI | Kandi Technologies | 6.50 |
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INVZ | Innoviz Technologies | 6.58 |
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HSAI | Hesai Group | 6.60 |
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HYLN | Hyliion Holdings | 9.21 |
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Additional Tools for Luminar Stock Analysis
When running Luminar Technologies' price analysis, check to measure Luminar Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.