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After A 7% Drop Over A Week, Will Lincoln National Stock Rebound?

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After A 7% Drop Over A Week, Will Lincoln National Stock Rebound?

Lincoln National Corporation (NYSE: LNC), a Fortune 250 American holding company that operates multiple insurance and investment management businesses, saw its stock fall by 6.7% to $66 over the last five trading days. In comparison, the broader S&P500 rose by 0.9% over the last five trading days. LNC’s profitability suffered in 2020 due to higher operating expenses. However, the company saw some recovery in Q1 2021, with its revenue and EPS figure improving on a year-on-year basis – revenues increased by 2% to $4.5 billion and EPS rose from $0.27 to $1.17 in the quarter.

Is LNC stock poised to grow? We believe that there is a 61% chance of a rise in LNC stock over the next month (twenty-one days) based on our machine learning analysis of trends in the stock price over the last ten years. See our analysis on Lincoln National Corporation Stock Chances Of Rise for more details.

Five Days: LNC -6.7%, vs. S&P500 0.9%; Underperformed market

(7% likelihood event; 57% probability of rise over next five days)

  • Lincoln National
    LNC
    stock declined 6.7% over a five-day trading period ending 6/15/2021, compared to broader market (S&P500) rise of 0.9%
  • A change of -6.7% or more over five trading days (one week) is a 7% likelihood event, which has occurred 175 times out of 2517 in the last 10 years
  • Of these 175 instances, the stock has seen a positive movement over the next five trading days on 100 occasions
  • This points to a 57% probability for the stock rising over the next five trading days

Ten Days: LNC -5.1%, vs. S&P500 1.4%; Underperformed market

(17% likelihood event; 54% probability of rise over next ten days)

  • Lincoln National stock declined 5.1% over the last ten trading days (two weeks), compared to broader market (S&P500) rise of 1.4%
  • A change of -5.1% or more over ten trading days is a 17% likelihood event, which has occurred 425 times out of 2517 in the last 10 years
  • Of these 425 instances, the stock has seen a positive movement over the next ten trading days on 228 occasions
  • This points to a 54% probability for the stock rising over the next ten trading days

Twenty-One Days: LNC -3.7%, vs. S&P500 3.7%; Underperformed market

(25% likelihood event; 61% probability of rise over next twenty-one days)

  • Lincoln National stock declined 3.7% the last twenty-one trading days (one month), compared to broader market (S&P500) rise of 3.7%
  • A change of -3.7% or more over twenty-one trading days is a 25% likelihood event, which has occurred 620 times out of 2516 in the last 10 years
  • Of these 620 instances, the stock has seen a positive movement over the next twenty-one trading days on 379 occasions
  • This points to a 61% probability for the stock rising over the next twenty-one trading days

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