EN
Takip Edin: @UscMarketsLAMR Stock Forecast & Lamar Advertising Company Chart Analysis
This article provides a detailed analysis of LAMR-Lamar Advertising Company stock including a forecast for LAMR shares. It features Lamar Advertising Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
LAMR Historical Data Review
LAMR Current Price Performance Analysis
The Lamar Advertising Company - LAMR stock traded on the American stock market, on 06-05-2024, closed at 116.85$ with a %-0.20 decreased compared to the previous day.
In the last month, the price of LAMR changed by %0.11 increased in value, from 116.72 dollars on 05-06-2024 to 116.85 dollars, increased.
Last year, the price of LAMR was 92.13 dollars on 06-06-2023, and changed by %26.83 increased in value, to 116.85 dollars increased within a year.
The price of Lamar Advertising Company stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
LAMR with AI Stock Forecast & Price Target
On the LAMR chart Lamar Advertising Company price was recorded as 116.85 Dollars on 06/05/2024.
The artificial intelligence's forecast on LAMR stock is as follows.
The artificial intelligence's prediction error margin for LAMR stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Lamar Advertising Company stock over the next 4 months is: 115.3 Dollars.
The commentary on LAMR stock Target Price: Highest: 122.929 Dollars is predicted.
The commentary on LAMR stock Target Price: Lowest: 109.664 Dollars is predicted.
Resistance Price where Lamar Advertising Company stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 122.929 |
| 10-03-2024 | 122.407 |
| 12-02-2024 | 116.134 |
| 02-20-2025 | 111.310 |
Support Price where Lamar Advertising Company stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 113.376 |
| 11-07-2024 | 113.795 |
| 01-21-2025 | 110.100 |
| 03-27-2025 | 109.664 |
The commentary on LAMR stock: Fluctuations in the target price can be expected in the coming days.
The target price for Lamar Advertising Company stock by the end of 2024 is predicted to be 112.377 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LAMR stock, and the 2024 target price predictions for Lamar Advertising Company are detailed above.
The technical analysis and charts for the commentary on LAMR stock are below.
LAMR Support & Resistance and Trend Analysis
LAMR stock you have reviewed the technical analysis support resistance charts regarding.
LAMR : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LAMR review, the Lamar Advertising Company support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Lamar Advertising Company Support and Resistance Prices:
| LAMR Support Level Price | LAMR Resistance Level Price |
|---|---|
| 91.20 | 99.56 |
| 100.15 | 107.89 |
| 102.10 | 108.35 |
| 102.18 | 108.85 |
| 102.38 | 112.34 |
| 102.61 | 113.63 |
| 108.80 | 120.02 |
| 114.28 | 121.99 |
| 122.22 |
LAMR Technical Analysis: SMA, RSI, MACD
Upon reviewing the LAMR chart, buy and sell signals have been generated in the Lamar Advertising Company technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for LAMR stock are as follows:- The technical analysis for LAMR indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Lamar Advertising Company indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Lamar Advertising Company stock: Click here to read more predictions on Rakuten Group stock.
Click here for price target predictions and technical analysis charts of other American stocks