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Asset Summary

Daily Performance Report for LUMN ETF: Nov 14, 2024

Summary: The day started with LUMN ETF opening at $8.95 and closing at $8.71. The ETF showed weakness throughout the day, with the highest price observed at $9.04 and the lowest at $8.51. The underlying asset had a trading range of $0.53 Overall, it was a negative trading day for LUMN ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-0.24 or -2.68% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for LUMN ETF was 6,855,503 units during Nov 14, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $8.95.

Highest Price: The highest price observed during the day was $9.04.

Lowest Price: The lowest price observed during the day was $8.51.

Closing Price: The day ended at $8.71.

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.

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Frequently Asked Questions

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

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

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

Lumen plans to expand its network through investments in fiber infrastructure and enhancing its data center capabilities.

Lumen has specific terms for service cancellations, which vary based on the type of service; it is best to consult their website for detailed policies.

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

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

Lumen has approximately 30,000 employees as of 2023.

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

Lumen is headquartered in Monroe, Louisiana.

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