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Shares of Liveperson Inc Rise Above Previous 52-Week High

By Amy Schwartz

Liveperson Inc (NASDAQ:LPSN) traded today at a new 52-week high of $22.90. So far today approximately 65,000 shares have been exchanged, as compared to an average 30-day volume of 519,000 shares.

Based on a current price of $22.83, Liveperson Inc is currently 9.1% above its average consensus analyst price target of $20.75. The stock should discover initial support at its 50-day moving average (MA) of $17.97 and subsequent support at its 200-day MA of $14.25.

LivePerson, Inc. provides technology that facilitates real-time sales and customer service for companies doing business on the internet. The Company, an application service provider, offers its real-time interaction technology as an outsourced services. The LivePerson service enables its clients to communicate directly with internet users via text-based chat.

Over the past year, Liveperson Inc has traded in a range of $10.70 to $22.90 and is now at $22.83, 113% above that low. The 200-day and 50-day moving averages have moved 1.01% higher and 2.18% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Liveperson Inc on February 16th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $12.55. Since that recommendation, shares of Liveperson Inc have risen 80.5%. We continue to monitor LPSN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows liveperson inc

Ticker(s): LPSN