Large Inflow of Money Witnessed in Lincoln National Corporation

Lincoln National Corporation (LNC) : The money flow analysis of Lincoln National Corporation (LNC) indicates a $24.79 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $28.87 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.16 and so was the total money flow at $4.08 million. A solid up-down ratio of 1.03 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $7.31 million worth of block trades on upticks. Only $7.06 million worth of the stock exchanged hands on downticks. The money flow was $0.25 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Lincoln National Corporation (LNC), pushing it down by -0.37% for the day. The stock slid $0.14 and traded at $37.22 during the day. Nonetheless, the stock is -3.95% over the previous weeks close.


Lincoln National Corporation (LNC) : The consensus price target for Lincoln National Corporation (LNC) is $52.75 for the short term with a standard deviation of $4.71. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $59, however, the pessimist price target for the company is $44. The stock has recorded a 20-day Moving Average of 8.24% and the 50-Day Moving Average is 12.36%.

Lincoln National Corporation (NYSE:LNC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.55 and $36.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $38.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $37.49, notching a gain of 0.35% for the day. The total traded volume was 5,070,252 . The stock had closed at $37.36 on the previous day.

Lincoln National Corporation is a holding company, which operates multiple insurance and retirement businesses through subsidiary companies. The Company sells a range of wealth protection, accumulation and retirement income products and solutions, through its business segments. These products include fixed and indexed annuities, variable annuities, universal life insurance, variable universal life insurance, linked-benefit UL, term life insurance, indexed universal life insurance, employer-sponsored retirement plans and services, and group life, disability and dental. It operates in four segments: Annuities offers fixed (including indexed) and variable annuities. Retirement Plan Services provides employers with retirement plan products and services. Life Insurance focuses in the creation and protection of wealth through life insurance products. Group Protection offers principally group non-medical insurance products.

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