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But we saved everything 🙂.
Leidos announced it has completed the $2.4 billion acquisition of Entrust Solutions. The announcement was made by Leidos.
The company shared more information through a link in its tweet.
LDOS is trading well below its major moving averages, with the current price of $155.53 under the MA-20 ($169.60), MA-50 ($177.86), and MA-200 ($179.35), highlighting strong short-, medium-, and long-term bearish pressure. The Ichimoku Kijun on D1 stands at $168.07, making it an immediate resistance level, while near-term support is at the HMA-D1 level ($155.30) and key support at the MA-100 ($183.83); near-term resistance is the Kijun ($168.07), and key resistance is at the MA-50 ($177.86).
Momentum indicators all point to active selling: MACD on D1 is firmly negative and the ADX suggests bears are firmly in control. RSI on D1 is deep in oversold territory (28.40), confirmed by Stoch RSI (0.00, also oversold) and CCI (-146.11, strongly oversold), indicating stretched conditions but with little sign of reversal yet. BBP is significantly negative (-6.75), showing sellers dominate intraday action, and the Awesome Oscillator remains bearish. LDOS has fallen $10.34 (6.23%) from the previous week's close of $165.87 and now sits at the very bottom of its weekly range, with weekly volatility at 8.36%. The decline has been steady from the weekly high, closely in line with the bearish momentum signals. In today’s session, LDOS is down 1.30% in another active selloff.
For the coming week, the expected trading range for LDOS is $152.50 to $159.50, capturing likely volatility around the current price and anchored well above the 52-week low ($128.32) and below the 52-week high ($205.77). The probability of a price increase is very low (less than 20%) since all major W1 signals—MA-50, RSI, ADX, and MACD—are in “Sell” or “Neutral” mode, making further downside more likely. Baseline scenario: LDOS churns sideways near support as oversold readings limit further sharp losses but weak buying interest persists. Bullish scenario: an oversold bounce above the Kijun ($168.07) could trigger a push toward the $170–$177 area, but probability is low. Bearish scenario: a close below $155 would expose the $152.50 area with increased risk of retesting lower supports if negative momentum persists.
Earlier, analysts noted that Leidos shares faced sustained downside pressure, with momentum and trend indicators showing clear seller dominance. In light of the latest developments, investors should closely monitor whether a shift in market sentiment emerges, as a break above key resistance could signal the start of a potential rebound.