Million

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Live Nation Entertainment Inc (NYSE: LYV) stock price decreased by 0.74% over the last 24 hours.</a> </li> 
 <li> <span>2</span> <a>Live Nation Entertainment Inc (LYV) stock’s 52-week price range is $64 – $101.</a> </li> 
</ul> 
<p>Live Nation Entertainment’s earnings have been decreasing at an average yearly rate of -0.7%, while the Entertainment sector saw a 10% annual growth in earnings. According to Simplywall St., a financial website, the company’s revenues have been rising at an average yearly rate of 8.5%. Live Nation Entertainment has a return on equity of 53.8%, and its net margins are 1.3%.</p> 
<p>Live Nation Entertainment has a debt-to-equity ratio of 587.2%, which means that its total debt of $6.6 Billion is much higher than its total shareholder equity of $1.1 Billion. This too is according to Simplywall St. Its total assets and total liabilities are $19.9 Billion and $18.8 Billion, respectively. Live Nation Entertainment’s EBIT is $931.9 Million, which gives it an interest coverage ratio of 5.8. It also has cash and short-term investments of $7.1 Billion.</p> 
<p>Shutterstock (LYV) stock has a market value of $20.046 Billion and total revenue of $16.681 Billion. Its basic EPS is $1.16 and its price-to-earnings ratio is 82.86. The stock price has fallen by 3.66% this month but surged by 6.22% in the last six months, leading to a positive year-to-date return of 23.01%.</p> 
<p>Additionally, the average volume of Shutterstock’s price is 2.936 Million and the current volume is 2.977 Million. The volume chart shows that the current volume is higher than average and if buying pressure does not intervene then it may drop further.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-live-nation-price-in-1-d-timeframe-strong"><strong>Technical Analysis of Live Nation Price in 1-D Timeframe</strong></h2> 
<p>The price action shows that Live Nation Entertainment Inc (NYSE: LYV) stock price has been on an inclining trend for the last three months, increasing by 28.75%. At the time of writing, LYV price is trading at $87.10 and has been making lower highs and lower lows after breaking the Trendline.&nbsp;</p> 
<p>Therefore, the LYV price could continue to move downwards and reach the first and second targets of $78.92 and $74.14, if it fails to maintain the current level. However, if the LYV price sustains the current level and rises, then it might hit the nearest resistance levels of $91.22 and $99.55.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh6.googleusercontent.com/F8HAfjQI5Q2ZWicswEud2JrhU_NLsJRYriHQeCqMBGsW0bt1IYHeCLXYeuhTf9XlDrYkEPiaFxYM4zyx5mWkReZ_CSap4EeAPaIr-FkKxlHN6Gs40s4tljHRo-U4v_TRH4Uz313uY-z_lsBhfmV6T70" alt="Live Nation Price Prediction: Can LYV Stock Price Fall Below $80?"> 
  <figcaption class="wp-element-caption">
    Source: LYV.1D.NYSE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p><a href="https://www.thecoinrepublic.com/2023/07/31/will-bmy-stock-price-continue-bullish-trend-after-q2-earnings/" target="_blank" rel="noopener noreferrer nofollow">The Live Nation price</a> is below the 20, and 50-day EMAs, which rejects the uptrend, which is showing selling pressure and suggests that if more sellers join in then it might be possible to break the supporting 100, and 200 EMA’s one after another over the one-day time frame.</p> 
<p>Additionally, the MACD line at 0.7503 and the signal line at 2.11 are over the zero line, signaling bearishness in the market. Also, the RSI is at 36.77 points and the 14 SMA is above the middle line at 64.47 points, which indicates a downward direction and bearish sentiment in the market of Live Nation Entertainment Inc.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/036ksNcy5k8XqmEuUwhl1yhvtXM6hWzAYzfDwKNmB5MyogzdqY39vj_fxP97gLyEjSPpV3c4BfWiI_oIGjt2ErSuIflFSbXqik_0oniYMt6lPHSxk1ohxquuMrwtbj4ay8bdJZkXLO3cOtEyHr2dP5s" alt="Live Nation Price Prediction: Can LYV Stock Price Fall Below $80?"> 
  <figcaption class="wp-element-caption">
    Source: LYV.1D.NYSE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>Live Nation Entertainment Inc (NYSE: LYV) indicates that the investors and traders of the stock are bearish on the 1-D time frame. The price action suggests a bearish outlook at the time of publishing. The technical oscillators of the LYV stock price also support the bearish trend. The major indicators MACD, RSI, and EMA are highlighting negative signals and imply that the downtrend may continue over the Live Nation price.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels:</strong></h4> 
<ul> 
 <li>The nearest support for Live Nation price: $78.92 and $74.14.</li> 
 <li>The nearest resistance for Live Nation price: $91.22 and $99.55</li> 
</ul> 
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4> 
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Live Nation Price Prediction: Can LYV Stock Price Fall Below $80?

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