Share on :

Asset Summary

Daily Performance Report for LUMN ETF: Nov 16, 2024

Summary: The day started with LUMN ETF opening at $8.56 and closing at $8.59. The ETF showed resilience throughout the day, with the highest price observed at $8.6 and the lowest at $8.56. The underlying asset had a trading range of $0.04 Overall, it was a positive trading day for LUMN ETF, reflecting investor optimism and market activity.

Change in Closing Price: There was a net increase of $0.03 or 0.35% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for LUMN ETF was 801 units during Nov 16, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $8.56.

Highest Price: The highest price observed during the day was $8.6.

Lowest Price: The lowest price observed during the day was $8.56.

Closing Price: The day ended at $8.59.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

Empower Your LUMN Trading Now

Transform your approach to trading with RankMyTrade. Our automated system offers detailed metrics and technical analysis for LUMN, tailored to enhance your trading performance. Elevate your trading approach instantly and elevate your strategy today!

Maximize Results Now

Frequently Asked Questions

Lumen has approximately 30,000 employees as of 2023.

Lumen is committed to sustainability through energy-efficient practices, reducing carbon footprint, and supporting renewable energy initiatives.

Lumen is headquartered in Monroe, Louisiana.

Yes, Lumen provides internet and communication services to residential customers in select areas.

Yes, Lumen is publicly traded on the New York Stock Exchange under the ticker symbol LUMN.

Lumen primarily serves industries such as healthcare, finance, government, and education.

Customers can contact Lumen’s customer service via their website, phone support, or through their local service centers.

Lumen offers various cybersecurity solutions, including threat detection and response, to protect businesses from cyber threats.

Investors can follow Lumen’s financial performance by visiting the investor relations section of their website for earnings reports and updates.

Lumen offers services such as fiber internet, cloud solutions, security services, and managed network services.

Empower Your LUMN Trading Now

Unlock the full potential of LUMN with Rank My Trade’s cutting-edge automated trading system. Our platform provides precise price action analysis, advanced technical indicators, and powerful quantitative algorithms. Boost your investment success with us and transform your trading experience today!

Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.

Supported Assets & ETFs