Million

Bold

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>LUNR stock price slipped over&nbsp; 47.58% in the monthly time frame.&nbsp;</a> </li> 
 <li> <span>2</span> <a>In the 52-week time frame LUNR stock’s highest traded at $136 and its lowest trading price was $3.76.</a> </li> 
 <li> <span>3</span> <a>In Q2, the company reported 60.50% less revenue than estimated. However, it was supposed to report $45.55 Million.&nbsp;</a> </li> 
</ul> 
<p>Since the beginning of 2023, LUNR stock was fairly trading above but on February 16, a major surge in the trading price stirred the momentum. LUNR stock price slipped over 47.58% in the monthly time frame and a decline of 57.91% was seen in the YTD time frame. At the time of publication, LUNR stock was trading below its annual price target of $12.33.&nbsp;&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-lunr-stock-price-analysis-strong"><strong>LUNR Stock Price Analysis</strong></h2> 
<p>In the 52-week time frame, LUNR stock highest traded at $136 and its lowest trading price was $3.76. Intuitive Machines, Inc. has a market capitalization of $384.985 Million and its share average trading volume is 667.934K.&nbsp;&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh5.googleusercontent.com/kwcAJnKb9nHagOviWUVunVstTovn_DM-9JCAjRC59ToR8MR8Gls76lPAY2A00PGiGQtZNAdDRkQBN6gqcIOfYQyBy83sFvOlOgFlvC-KfY6cRVaMBUJEjWJwMkDZ9MDLoAIc3VyYXGkQZiPTnKduWd4" alt="Bold Start Might Push LUNR Stock Towards 20-Day EMA"> 
  <figcaption class="wp-element-caption">
    Source: LUNR stock price chart from TradingView&nbsp; 
  </figcaption> 
 </figure> 
</div> 
<p>At the time of publishing, LUNR stock was trading at $5.02 with a surge of 14.64% and it is noticed that buyers are more active compared to sellers which might help to cross the nearest resistance of $5.50 and next resistance of $6.10.</p> 
<p>Since past 52 weeks, sellers activities and dominance is troubling buyers and RSI is also indicating negativity and suggest the LUNR share might bounce by the end of the week as buyers aim to bypass the signal line.&nbsp;</p> 
<p>For a satisfactory 20-day and 50-day exponential moving average, LUNR stock has to break the bearish trend and trade above $7 and then $9. The MACD curve in LUNR shares has generated a crossover. It shows sellers are more active as compared to buyers.</p> 
<h3 class="wp-block-heading" id="strong-q2-2023-earning-revenue-update-of-intuitive-machines-inc-strong"><strong>Q2, 2023 Earning &amp; Revenue Update of Intuitive Machines, Inc.&nbsp;</strong></h3> 
<p>Intuitive Machines, Inc. operates as a space exploration, infrastructure, and services company. In Q2, the company reported 60.50% less revenue than estimated. However, it was supposed to report $45.55 Million.&nbsp;</p> 
<p>Despite negative revenue, Earning per <a href="https://www.thecoinrepublic.com/2022/04/16/lunarcrush-introduces-defi-suite-lunrfi/" rel="noopener noreferrer nofollow">share </a>of the company showed a positivity of 430.19%. It was supposed to report negative 0.27 but it reported positive 0.88.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>LUNR stock has reflected a negativity in past few trading sessions and now it aims to break the hurdle of $6. For a satisfactory 20-day and 50-day exponential moving average, LUNR stock has to break the bearish trend and trade above $7 and then $9.</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Bold Start Might Push LUNR Stock Towards 20-Day EMA

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Thecoinrepublic.com

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