Technical Analysis for LGVN - Longeveron Inc.

Grade Last Price % Change Price Change
F 1.57 -2.48% -0.04
LGVN closed down 2.48 percent on Monday, July 1, 2024, on 8 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Fell Below 20 DMA Bearish -2.48%
50 DMA Support Bullish -2.48%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -2.48%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 5 hours ago
50 DMA Support about 6 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
Down 5% about 10 hours ago
Down 3% about 10 hours ago

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Profile

Longeveron Inc. Description

Longeveron is a clinical stage biotechnology company developing cellular therapies for specific aging-related and life-threatening conditions. The Company’s lead investigational product is the LOMECEL-B™ cell-based therapy product (“Lomecel-B”), which is derived from culture-expanded medicinal signaling cells (MSCs) that are sourced from bone marrow of young, healthy adult donors. Longeveron believes that by using the same cells that promote tissue repair, organ maintenance, and immune system function, it can develop safe and effective therapies for some of the most difficult disorders associated with the aging process and other medical disorders. Longeveron is currently sponsoring Phase 1 and 2 clinical trials in the following indications: Aging Frailty, Alzheimer’s disease, the Metabolic Syndrome, Acute Respiratory Distress Syndrome (ARDS), and hypoplastic left heart syndrome (HLHS). The Company’s mission is to advance Lomecel-B and other cell-based product candidates into pivotal Phase 3 trials, with the goal of achieving regulatory approvals, subsequent commercialization and broad use by the healthcare community.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biotechnology Life Sciences Biology Stem Cell Cell Therapy Cell Biology Acute Respiratory Distress Syndrome Mesenchymal Stem Cell Alzheimer’s Disease

Is LGVN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 37.2
52 Week Low 0.7707
Average Volume 8,175,564
200-Day Moving Average 9.95
50-Day Moving Average 1.57
20-Day Moving Average 1.72
10-Day Moving Average 1.96
Average True Range 0.37
RSI (14) 46.81
ADX 21.91
+DI 30.31
-DI 25.66
Chandelier Exit (Long, 3 ATRs) 2.98
Chandelier Exit (Short, 3 ATRs) 1.89
Upper Bollinger Bands 3.00
Lower Bollinger Band 0.45
Percent B (%b) 0.44
BandWidth 148.30
MACD Line 0.06
MACD Signal Line 0.10
MACD Histogram -0.0438
Fundamentals Value
Market Cap 16.16 Million
Num Shares 10.3 Million
EPS -0.98
Price-to-Earnings (P/E) Ratio -1.60
Price-to-Sales 17.23
Price-to-Book 1.95
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.82
Resistance 3 (R3) 1.81 1.72 1.78
Resistance 2 (R2) 1.72 1.66 1.72 1.76
Resistance 1 (R1) 1.64 1.62 1.60 1.65 1.75
Pivot Point 1.55 1.55 1.53 1.56 1.55
Support 1 (S1) 1.48 1.49 1.43 1.49 1.39
Support 2 (S2) 1.39 1.45 1.39 1.38
Support 3 (S3) 1.31 1.39 1.36
Support 4 (S4) 1.32