LYV has earnings tomorrow after market closes.
Today, price is below the lower trendline of the rectangle.
An earnings beat with a warm reception by the market could turn this around.
A beat looks possible, but iffy.
Price is oversold on RSI and below the Bollinger bands set on 80, which is also an oversold signal. A security can remain oversold for extended periods of time, and going long on this indicator alone can be a way to lose money.
Price will eventually return to the bands, but the bands are dynamic and move with price.
No recommendation.
Today, price is below the lower trendline of the rectangle.
An earnings beat with a warm reception by the market could turn this around.
A beat looks possible, but iffy.
Price is oversold on RSI and below the Bollinger bands set on 80, which is also an oversold signal. A security can remain oversold for extended periods of time, and going long on this indicator alone can be a way to lose money.
Price will eventually return to the bands, but the bands are dynamic and move with price.
No recommendation.
Short percent is just over 9%.