--- title: "Lemonade Stock Due for a Short-Term Bounce" description: "Lemonade Inc (NYSE:LMND) stock, which peaked at $99.90 in January, is currently testing support levels around $70. Analysts suggest a potential short-term bounce, as LMND has historically risen 67% of" type: "news" locale: "en" url: "https://longbridge.com/en/news/275020801.md" published_at: "2026-02-05T19:17:19.000Z" --- # Lemonade Stock Due for a Short-Term Bounce > Lemonade Inc (NYSE:LMND) stock, which peaked at $99.90 in January, is currently testing support levels around $70. Analysts suggest a potential short-term bounce, as LMND has historically risen 67% of the time after similar technical signals, with an average gain of 14.2%. The stock's current price is $69.50, and a move to $79.36 is projected. Additionally, high short interest and analyst ratings indicate potential for upward momentum. **Lemonade Inc (NYSE:LMND)** stock hit a Jan. 22 four-year high of $99.90, after news of its autonomous car insurance that will launch with Tesla (TSLA) FSD models. Though the stock has moved lower since then, the pullback could be short-lived given the layers of technical support, including the $70 level and ascending 100-day moving average. According to Schaeffer's Senior Quantitative Analyst Rocky White, SHOP is within 0.75 of its 100-day moving average's 20-day average true range (ATR), after remaining above this level 80% of the time over the past two weeks and 80% of the last 42 trading sessions. This signal has occurred six other times in the past decade, after which LMND was higher one month later 67% of the time with an average gain of 14.2%. A similar move from the stock's current perch at $69.50 would put it at $79.36. An unwinding of pessimism could give LMND a boost as well. Short interest represents a whopping 19.4% of the stock's available float, or nearly five days' worth of pent-up buying power. Plus, despite the stock's recent peak, 11 of the 14 analysts in coverage carry a "hold" or worse rating, leaving plenty of room for upgrades. ### Related Stocks - [LMNX.US - Defiance Daily Target 2X Long LMND ETF](https://longbridge.com/en/quote/LMNX.US.md) - [LMND.US - Lemonade](https://longbridge.com/en/quote/LMND.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Will Lemonade Stock Enjoy Another Major Post-Earnings Win? | Lemonade Inc (NYSE:LMND) is set to report its fourth-quarter earnings on February 19, with analysts expecting a loss of | [Link](https://longbridge.com/en/news/276163441.md) | | Lemonade CEO Daniel Schreiber Reports Sale of Common Shares | Lemonade Inc. CEO Daniel A. Schreiber has reported the sale of common shares in the company. The full filing is availabl | [Link](https://longbridge.com/en/news/274900545.md) | | Lemonade (NYSE:LMND) COO Adina Eckstein Sells 29,237 Shares | Lemonade COO Adina Eckstein sold 29,237 shares at $77.17 each, totaling $2.26 million, reducing her ownership by 12.52%. | [Link](https://longbridge.com/en/news/269377385.md) | | Lemonade Stock Is Skyrocketing Today. Should You Buy the Rip? | Lemonade did the classic beat and raise, but there's another reason shares are rising that could affect the price a lot | [Link](https://longbridge.com/en/news/264502899.md) | | Lemonade, Inc. (LMND): A bull case theory | A bullish thesis on Lemonade, Inc. (LMND) was discussed on The Cash Flow Compounder’s Substack. As of January 28th, LMND | [Link](https://longbridge.com/en/news/274904271.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.