LUMN. If someone wants to bet, this is an extremely safe betYesterday LUMN with an explosive 28% rise decisively broke 30months SMA and closed at $14.59, changing its long-term trend to rising.
It should be stressed that the rise was not by a gap but by continuous purchases that led to a volume of 60 M when the average volume of the last 10 days was 6.4 M.
That is, the rise was not for unloading but for buying cheap shares, which indicates that it is extremely likely that the rise will continue.
The stock was, is and will continue for some time to be an investment opportunity because it is deeply undervalued.
Any price retreat must be seen as a huge opportunity to buy. Even after this 28% rise the stocks has 8.78% dividends yield.
Following are presented the mid- and short-term trend charts.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
L1MN34 trade ideas
LUMN Technical Analysis 🧙With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States’ largest telecommunications carriers serving global enterprises. The merger further shifted the company’s operations toward businesses (now 75% of revenue) and away from its legacy consumer business. Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and Internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has nearly 5 million broadband customers.
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Is it time for Value Stocks? Lumen Technologies case studyIn a market where most stock valuations have skyrocketed to Mars, Lumen Technologies is one of the bright exceptions,
being perhaps one of the safest investments available, for the investor to sleep soundly at night. LUMN has great fundamentals
and is a much underestimated VALUE STOCK, ready to change the declining trend of many years to rising.
In an article he wrote a year ago, Jeff Storey, CEO of Lumen Technologies (rebranded CenturyLink), stated: ‘During the last century,
telephone companies pioneered early networks by standing up poles and stringing phone wires across the nation. Today, the new
pioneers are tech companies like CenturyLink who are standing up networks and stretching fiber across the globe—and in the process,
making exciting technologies like 5G possible’.
Lumen Technologies is an international facilities-based communications company engaged primarily in providing a broad array
of integrated services to business and residential customers in over 60 countries. Lumen’s enterprise technology platform enables
companies to capitalize on emerging applications and power the 4th Industrial Revolution (4IR).
Lumen Technologies states that ‘Lumen is the fastest, most secure platform for next-gen business applications and data, integrating global
network infrastructure, cloud connectivity, edge computing, connected security, voice, collaboration and enterprise-class services into a seamless experience’.
Lumen is ranked No. 29 on Washington Technology's 2020 Top 100 list of federal government IT contractors.
From a fundamental analysis point of view, LUMN with capitalization 12.54B (11.43 $/share), P/E 9.57, P/S 0.58, P/B 0.91, EV/EBITDA 5.27,
Div. Yield 8.85%, Intrinsic Value 16 $, Buffetts Limit 18$, can be considered as a cheap stock. The only negative element is Debt to equity ratio which is 2.41.
From a technical analysis point of view, LUMN’s monthly diagram shows that the stock is possibly in the process of trend changing. The three
preceding years, while the stock reaching its bottom the volume rose to historical levels, which means that shares changed hands from retail
to smart money. Also notice the break-up of the RSI declining trend line and the divergences that appeared.
Next follows LUMN’s daily diagram.
Notice that stock’s price is over 200d, 30d and 9d SMAs. Additionally, notice the consolidation and resistance zones and that the RSI is in high overbought zone,
so the correction of prices or a short period of consolidation is possible.
Next follows LUMN’s 30 minutes diagram.
Notice that stock’s price is over 200(30m), 30(30m) and 9(30m) SMAs. Also notice the up trending channel and that prices are in the middle of the channel and the
Bollinger Bands, while MACD and RSI are declining, indicating a possible pullback or more likely a consolidation in these levels, until reaching the channel’s lower trend line.
Conclusively, I think no investor should ignore LUMN, because it is very likely to be A SUCCESS TURN TREND STORY that may give big gains in 2021 (and next years) with MINIMUM INVESTMENT RISK.
Of course the stock is suitable not only for long term investors, but also for short and mid term traders as well.
Finally, I encourage you not to lean on my analysis but to make your own research for the company before investing in LUMN.
LUMN LongIn Monthly Down trend Wedge,
It is possible to form double bottom;
Daily Demand zone confirmation
Daily down trendline breakout
This is a longer term plan, target for 13 months.
Entry 9.8
Stop 8.5
Target1 15;
Target2 22; next monthly resistance
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Super Value $LUMN Fiber, Double Bottom (Support)Lumen Technologies $LUMN, formerly CenturyLink, is a telecommunications company that was founded in 1930 that investors ditched a few years ago because they thought that the firm only sold dial-up internet. Welcome to 2020 you old farts! Lumen is connected world-wide via it's growing fiber-optic network with fiber to the premises speeds up to 1000 MBPS. Though it's price has been cut by about two-thirds in the past five years, it's found support and formed a multi-bottom. More technical analysis reveals that there is RSI divergence, which indicates a trend reversal. Here's more good news: it has solid financial fundamental analysis. Since it's integration and transformation in Q1 2019, it's yielded a net income of over $300M each quarter, plus revenue growth this quarter. Likewise, it's book value (shareholder's equity) is a whopping $13.4B, which has consistently increased significantly each decade. In case you are skeptical, rest assured, for their price-to-book is a miniscule 0.82, a steep discount of what the company is actually worth. Also, Lumen has a crazy high dividend yield - over 11%. That's right! Buyers can get their money back in 10 years through dividends alone; and it's price-to-earnings is way below the market average, a meager 7.88. Similarly, it's debt-to-equity is manageably low, just 2.33. I bought today and plan to hold until new technology succeeds fiber-optic internet.