Do You Keep A Shopping List Ready? – Lincoln National Corporation (LNC), Spotify Technology S.A. (SPOT)

Lincoln National Corporation (NYSE:LNC) is still -31.67% behind the $86.68 high touched on 2018-01-29. Even though its shares witnessed a 15.37% increase from the 52-week low price of $57.06 they recorded on 2018-10-29. The price recently went up by $1.29 now trading at $65.83. The last few days have been good for the stock, as its price has grew by 9.37% during the week. It has also performed poorly over the past three months, as it lost around -1.29% while it has so far retreated around -12.69% during the course of a year. The stock of LNC recorded -14.36% downtrend from the beginning of this year till date. The 12-month potential price target for Lincoln National Corporation is set at $79. This target means that the stock has an upside potential to increase by 20.01% from the current trading price.

When giving their opinion, around 62.5% of Wall Street analysts, which represents 10 out of 16 rated the stock as a Buy. 6 brokerage firms of the remaining 37.5% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate LNC shares held by institutional investors represents 85.3% of total shares. 61 institutions entered new Lincoln National Corporation (NYSE:LNC) positions, 266 added to their existing positions in these shares, 325 lowered their positions, and 67 exited their positions entirely.

Lincoln National Corporation (LNC) trade volume has increased by 50.85% as around 2,450,342 shares were sold when compared with its 50-day average volume of traded shares which is 1,624,388. At the moment, LNC is witnessing a uptrend, as it is trading 5.47% above its 20-day SMA, 0.56% above its 50-day SMA, and -4.83% above its 200-day SMA. The company runs an ROE of roughly 12.4%, with financial analysts predicting that their earnings per share growth will be around 11.24% per annum for the next five year. This will be compared to the -5.1% decrease witnessed over the past five years.

The first technical resistance point for Lincoln National Corporation (NYSE:LNC) will likely come at $66.3, marking a 0.71% premium to the current level. The second resistance point is at $66.78, about 1.42% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $64.14, the lower end of the range. LNC’s 14-day MACD is 3.5 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 57.92, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 40.63 percent, which is high when compared to that of the 50-day’s 30.53 percent.

The shares of Spotify Technology S.A. (NYSE:SPOT) has increased by 2.22%, and now trading at $145.77 on the Wall Street in the intra-day deal, with their shares traded now around 2,330,237. This is a rise of 504,699 shares over the average 1,825,538 shares that were traded daily over the last three months. The stock that is trading at $145.77 went higher by 11.27% from its 52-week low of $131.01 that it attained back on 2018-10-30. The stock recorded a 52-week high of $198.99 nearly 105 days ago on 2018-07-26.

SPOT stock hasn’t performed well over the past 30 days, as it lost -9.76% while its price plunged by -2.17% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -2.62% over the last week. The stock’s 12-month potential target price is now at $201.35. This means that the stock price might likely increase by 38.13% from its current trading price.21 out of 29 Wall Street analysts which represents 72.41% rated the stock as a buy while the remaining 20.69 rated it as a hold, with 6.9 of analysts rating it as a sell.

Spotify Technology S.A. (NYSE:SPOT) has been utilizing an ROE that is roughly 0%, with stock analysts predicting that the company’s EPS for the next five years will go up by 25% per year, following the 0% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -2.36% below its 20-day SMA, -12.7% below its 50-day SMA, and -13.59% below its 200-day SMA. In percentage terms, the aggregate Spotify Technology S.A. shares held by institutional investors is 48.4%. 275 institutions jumped in to acquire Spotify Technology S.A. (SPOT) fresh stake, 295 added to their current holdings in these shares, 23 lowered their positions, and 8 left no stake in the company.

The stock’s 9-day MACD is 0.79 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 46.27, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 53.16 percent, which is more when compared to that of the 50-day’s 43.55 percent. On the daily chart, we see that the stock could reach the first level of resistance at $147.97, sporting a 1.49% premium to the current level. The next resistance point is at $150.18, representing nearly 2.94% premium to the current market price of Spotify Technology S.A. (SPOT). On the other hand, failure to breach the immediate hurdles can drag it down to $139.96, the lower end of the range.