LVS +5.52% Dead Cat or Real Turn
$Las Vegas Sands(LVS)$
Las Vegas Sands (LVS) Surges +5.52%: Casino Giant Bounces from Support, Eyes $57-$58 Range
Latest Close Data
Closed at $55.64 (USD) on Feb 2, 2026, up +5.52% (+$2.91). This puts it 21.0% below its 52-week high of $70.45.
Core Market Drivers
The stock rebounded strongly, supported by net positive capital flow for the day.
A key catalyst was the recent insider selling by major family trust shareholders, which had previously pressured the stock but may now be viewed as a known overhang clearing.
Technical Analysis
Volume was solid at 9.61M shares (Volume Ratio: 1.00). The 6-day RSI at 38.77 has rebounded from oversold levels (<30) seen last week, indicating a potential momentum shift.
The MACD remains in negative territory but shows a slowing rate of decline, hinting at a possible bullish convergence.
Key Price Levels
-
Primary Support: $52.71 (recent low from Jan 30)
-
Strong Resistance: $66.91 (Jan 30 high)
-
Immediate Pivot: ~$57-58 (next technical hurdle from recent price action)
Valuation Perspective
Forward P/E of 16.65 sits well below its 3-year average of 22.74 and is near the lower end of its historical range (-1 Std. Dev: 15.65), suggesting the stock may be undervalued relative to its own history.
Analyst Targets
18 analysts have an average price target of $69.95, implying ~26% upside. Sentiment is bullish with 5 Strong Buy, 11 Buy, and 5 Hold ratings.
Weekly Outlook
Expect consolidation between $54 and $58. A sustained break above $58 could target the $60-$62 zone. Failure to hold $54 may see a retest of the $52.71 support.
For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now
Find out more here.
Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Other helpful links:
-
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
-
How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
