Software & devices

Lightspeed Commerce (LSPD)

C$15.21 +0.3% on the day·−1.6% in a year·close Oct 13, 2026

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Hold57 / 100

Hold: 57 is between your Sell line (40) and Buy line (60). Trend (+11% vs 200-day) scores 73 and lifts it; Off the high (−20% from its 1-year high) scores 34 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weight	LSPD	Points	Weight	Adds
Plays in	61%	61	40	24.4
Off the high	−20% from its 1-year high	34	30	10.2
Trend	+11% vs 200-day	73	30	21.9

Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for LSPD

Factor	LSPD	Points	What it is
Plays in	61%	61	The share of the plays you count that hold it now.
Analysts' upside	+18% · 7 analysts	54	How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating	2.6 · hold	22	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	loss	0	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	11.4×	79	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	–	–	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth.
Price to sales	1.1×	86	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	1.0×	93	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	none	0	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	–	–	Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher.
Revenue growth	+6%	28	Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin	−8%	8	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	−7%	12	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	0.01×	92	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−20% from its 1-year high	34	How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend	+11% vs 200-day	73	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	−2%	31	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	8/10 · very high	20	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on LSPD

61 of the 100 plays hold LSPD right now.
The trend-following and volume plays mostly say in.
It closed 11% above its 200-day average and 20% below its 52-week high.
Crash exposure reads very high: it moves about 1.9× its index and fell about 3.0× as far as its index in past crashes.
Analysts' average 12-month target is C$17.94, 18% above the close (7 analysts).

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in61 / 100Every play Be The Puck tests, in 7 families.

Crash exposureVery high8 of 10 on the storm test Mayer Multiple1.11×Price ÷ its 200-day average (+11%). Higher than on 73% of days since 2019. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about LSPD now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn LSPD: right 4 of 10 · Out since Aug 20, 2025 Breakouts & channelsP&F Double TopIN37% of 36,314 calls rightOn LSPD: right 35 of 86 · In since Oct 5, 2026 Momentum12-1 MomentumOUT44% of 8,156 calls rightOn LSPD: right 7 of 11 · Out since Mar 31, 2025 Mean reversionBollinger ReversionOUT64% of 53,095 calls rightOn LSPD: right 40 of 58 · Out since Sep 25, 2026 Volume & money flowMoney Flow IndexIN59% of 13,925 calls rightOn LSPD: right 6 of 11 · In since Dec 2, 2025 Candles & chart patternsEngulfing SwitchOUT50% of 38,976 calls rightOn LSPD: right 25 of 52 · Out since Jul 3, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn LSPD: right 5 of 15 · Out since Apr 30, 2026

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

LSPD, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved LSPD lately

No session in the last 30 moved it twice a normal day against the S&P/TSX; these were its largest, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Wed Oct 7+2.8% against the S&P/TSX1.0× a normal day

LSPD +1.1%, the S&P/TSX −1.7% that session.

HeadlineSimply Wall Street · Oct 7, 3:00 am ET
Lightspeed Commerce (NYSE:LSPD) Stock Forecast & Analyst Predictions
HeadlineSimply Wall Street · Oct 7, 3:00 am ET
Lightspeed Commerce (TSX:LSPD) Stock Forecast & Analyst Predictions
HeadlineAD HOC NEWS · Oct 7, 2:15 am ET
Hollenbeck joins board as Lightspeed Commerce stock costs EUR 9.01 versus EUR 9.01 close

Mon Oct 5+3.7% against the S&P/TSX1.3× a normal day

LSPD +3.7%, the S&P/TSX +0.0% that session; +7.9% against the S&P/TSX over five sessions.

HeadlineYahoo Finance · Oct 2, 5:00 pm ET
Why Lightspeed Commerce Inc. (LSPD) Outpaced the Stock Market Today

Wed Sep 9−2.9% against the S&P/TSX0.9× a normal day

LSPD −3.5%, the S&P/TSX −0.6% that session; −1.1% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on LSPD was found for this session. Be The Puck's headline archive for LSPD starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved −0.6%. The 33 other Software & devices stocks Be The Puck covers moved −1.2% on average, so most of the move was its own.

Next earnings report

Thu Nov 5, 2026 before the open

From Yahoo Finance's calendar; dates can move. Analysts expect earnings per share of 0.17.

Over its last 12 reports, LSPD's typical move against the S&P/TSX at the first close after the report was ±9.9% (median size, either way); it finished ahead of the index 5 times.
LSPD after beats of 5% or more: ahead of its index at the first close after the report 8 of 12 times (median +6.5%).
LSPD after misses of any size: behind its index at the first close after the report 7 of 11 times (median −2.3%).
Across all covered stocks, beats of 5% or more were followed by a gain against the index 64% of the time and misses by a drop 62% of the time.

Whether a report beats is only known once it is out, so these say how the stock has reacted, not which way it will go.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on LSPD

All 100 plays, by family.

Trend following21 of 30 in Breakouts & channels9 of 15 in Momentum9 of 17 in Mean reversion8 of 15 in Volume & money flow9 of 9 in Candles & chart patterns1 of 3 in Calendar4 of 11 in

Calls right: how often the play's calls on LSPD went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2019. Click a column to sort.Sort with the menu above the list.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	IN	Sep 25, 2026 +9.3%	Exit below C$14.28 (−6.1%)	26% 56/215	−6.6% / −5.8%	−85.9% / −93.0%
Bull Market Support BandBenjamin Cowen · weekly	IN	Oct 2, 2026 +8.6%	Exit below C$14.09 (−7.3%)	28% 11/40	+1.9% / −12.0%	−66.1% / −93.0%
Ripster EMA CloudRipster · daily	IN	Oct 2, 2026 +8.6%	Exit below C$14.17 (−6.9%)	25% 30/122	−2.4% / −12.9%	−81.6% / −93.0%
Trend TemplateMark Minervini · daily	OUT	Jan 13, 2026 −8.0%	Not on one close	25% 5/20	+10.2% / −8.9%	−40.1% / −93.0%
Stage AnalysisStan Weinstein · weekly	IN	Sep 25, 2026 +9.3%	Exit below C$13.63 (−10.4%)	23% 6/26	+3.0% / −10.8%	−66.2% / −93.0%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Jan 10, 2025 −28.8%	Enter above C$15.70 (+3.2%)	28% 5/18	+9.8% / −11.0%	−53.8% / −93.0%
10-Month SMAMeb Faber · month-end	OUT	Sep 30, 2026 +9.4%	Enter above C$13.65 (−10.3%)	24% 4/17	−1.1% / −12.3%	−80.1% / −93.0%
200-Day RulePaul Tudor Jones · daily	IN	Oct 2, 2026 +8.6%	Exit below C$13.73 (−9.7%)	10% 6/58	+0.1% / −12.4%	−76.5% / −93.0%
Golden CrossMarket tradition · daily	IN	Aug 18, 2026 +5.9%	Not on one close	17% 2/12	−16.5% / −12.4%	−83.7% / −93.0%
Granville 200-DayJoseph E. Granville · daily	OUT	Jan 20, 2026 −0.1%	Enter above C$59.89 (+293.8%)	36% 4/11	+3.3% / −15.1%	−66.1% / −93.0%
Hull Moving AverageAlan Hull · weekly	IN	Oct 9, 2026 +0.3%	Exit below C$13.69 (−10.0%)	46% 21/46	+11.2% / −11.7%	−71.9% / −93.0%
Kaufman Adaptive MAPerry J. Kaufman · daily	IN	Oct 2, 2026 +8.6%	Exit below C$14.69 (−3.4%)	27% 64/240	+0.0% / −6.0%	−78.7% / −93.0%
TEMA CrossoverPatrick G. Mulloy · daily	IN	Oct 5, 2026 +4.8%	Exit below C$10.92 (−28.2%)	35% 23/66	+3.9% / −11.0%	−77.2% / −93.0%
Seykota 15/150Ed Seykota · daily	OUT	Feb 6, 2025 −15.7%	Enter above C$22.65 (+48.9%)	33% 2/6	+6.4% / −7.4%	−70.7% / −93.0%
Guppy Multiple MAsDaryl Guppy · daily	IN	Oct 8, 2026 +2.8%	Exit below C$12.56 (−17.4%)	35% 12/34	+5.7% / −13.5%	−56.5% / −93.0%
Ichimoku CloudGoichi Hosoda · daily	IN	Oct 7, 2026 +4.2%	Exit below C$14.15 (−7.0%)	37% 14/38	+7.7% / −11.3%	−57.5% / −93.0%
SupertrendOlivier Seban · daily	IN	Oct 5, 2026 +4.8%	Exit below C$14.15 (−7.0%)	39% 22/56	+5.1% / −5.0%	−63.4% / −93.0%
Williams AlligatorBill Williams · daily	OUT	Sep 4, 2026 +4.4%	Flips at next check	41% 45/110	+2.5% / −5.0%	−76.9% / −93.0%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	IN	Oct 5, 2026 +4.8%	Exit below C$11.76 (−22.7%)	36% 71/198	−4.3% / −4.0%	−90.8% / −93.0%
AroonTushar S. Chande · daily	IN	Oct 8, 2026 +2.8%	Exit below C$13.12 (−13.7%)	35% 27/78	+5.4% / −6.1%	−68.0% / −93.0%
Parabolic SARJ. Welles Wilder Jr. · daily	IN	Sep 30, 2026 +9.4%	Exit below C$14.18 (−6.8%)	38% 58/154	−0.8% / −3.9%	−80.0% / −93.0%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Aug 20, 2025 −4.8%	Enter above C$16.53 (+8.7%)	28% 12/43	+3.8% / −6.5%	−45.8% / −93.0%
MACD Zero LineGerald Appel · daily	IN	Oct 6, 2026 +5.3%	Exit below C$11.76 (−22.7%)	27% 16/60	−0.2% / −8.0%	−81.4% / −93.0%
Zweig 4% ModelMartin Zweig · weekly	IN	Sep 25, 2026 +9.3%	Exit below C$14.56 (−4.3%)	35% 42/121	−8.0% / −5.0%	−75.8% / −93.0%
MAMA/FAMA CrossJohn F. Ehlers · daily	IN	Oct 6, 2026 +5.3%	Not on one close	28% 22/80	−0.6% / −8.0%	−82.2% / −93.0%
Schaff Trend CycleDoug Schaff · daily	IN	Jul 29, 2026 −1.7%	Not on one close	30% 24/81	−16.8% / −11.0%	−85.9% / −93.0%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	IN	Oct 6, 2026 +5.3%	Exit below C$11.93 (−21.5%)	25% 14/57	−4.0% / −12.9%	−84.1% / −93.0%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	IN	Oct 8, 2026 +2.8%	Exit below C$12.09 (−20.5%)	28% 9/32	+2.0% / −12.9%	−56.6% / −93.0%
Elder Triple ScreenAlexander Elder · daily	OUT	Jul 17, 2026 +4.5%	Not on one close	35% 19/54	+6.2% / −10.2%	−62.6% / −93.0%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Aug 20, 2025 −4.8%	Not on one close	40% 4/10	+0.6% / −8.0%	−16.1% / −93.0%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	IN	Oct 8, 2026 +2.8%	Exit below C$13.12 (−13.7%)	35% 15/43	+6.8% / −5.0%	−83.6% / −93.0%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Jul 22, 2026 +10.8%	Enter above C$15.59 (+2.5%)	42% 17/40	+8.1% / −6.1%	−39.8% / −93.0%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Sep 9, 2026 +12.1%	Enter above C$15.59 (+2.5%)	40% 12/30	+13.3% / −6.1%	−50.6% / −93.0%
Clenow TrendAndreas F. Clenow · daily	OUT	Jul 30, 2026 +12.8%	Enter above C$15.29 (+0.5%)	50% 12/24	+7.2% / −12.9%	−37.1% / −93.0%
Darvas BoxNicolas Darvas · daily	OUT	Jan 20, 2026 −0.1%	Enter above C$15.53 (+2.1%)	34% 13/38	−10.8% / −5.0%	−80.7% / −93.0%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	IN	Oct 9, 2026 +0.3%	Exit below C$14.30 (−6.0%)	38% 21/55	+2.1% / −6.0%	−54.5% / −93.0%
Bollinger BreakoutJohn Bollinger · daily	IN	Oct 5, 2026 +4.8%	Exit below C$14.00 (−7.9%)	29% 22/75	−9.5% / −4.4%	−76.0% / −93.0%
Chandelier ExitChuck LeBeau · daily	IN	Oct 7, 2026 +4.2%	Exit below C$14.30 (−6.0%)	32% 22/69	−2.2% / −4.8%	−74.0% / −93.0%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	IN	Oct 5, 2026 +4.8%	Exit below C$13.97 (−8.1%)	31% 24/77	−7.7% / −5.0%	−85.9% / −93.0%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	IN	Oct 5, 2026 +4.8%	Exit below C$12.87 (−15.4%)	41% 35/86	+4.0% / −6.1%	−62.8% / −93.0%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	IN	Oct 5, 2026 +4.8%	Exit below C$14.37 (−5.5%)	30% 37/122	+1.1% / −6.1%	−78.8% / −93.0%
Acceleration BandsPrice Headley · daily	IN	Oct 9, 2026 +0.3%	Exit below C$14.96 (−1.6%)	27% 21/77	+0.5% / −5.0%	−41.6% / −93.0%
TTM SqueezeJohn F. Carter · daily	OUT	Jul 9, 2026 +5.0%	Not on one close	31% 5/16	−4.2% / −6.0%	−32.9% / −93.0%
NR7 BreakoutToby Crabel · daily	IN	Oct 5, 2026 +4.8%	Exit below C$13.81 (−9.2%)	30% 78/257	−9.5% / −4.5%	−93.9% / −93.0%
Bollinger SqueezeJohn Bollinger · daily	OUT	Jul 18, 2024 −18.0%	Not on one close	50% 3/6	+2.2% / −8.6%	−13.6% / −93.0%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	OUT	Dec 31, 2024 −30.6%	Enter above C$17.47 (+14.9%)	40% 4/10	+8.6% / −0.5%	−65.2% / −93.0%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	OUT	Mar 31, 2025 +20.8%	Not on one close	64% 7/11	+6.6% / −0.5%	−78.5% / −93.0%
Dual MomentumGary Antonacci · month-end	OUT	Jan 31, 2024 −38.7%	Enter above C$19.43 (+27.7%)	50% 3/6	+11.2% / −0.5%	−62.1% / −93.0%
Stocks on the MoveAndreas F. Clenow · daily	IN	Oct 2, 2026 +8.6%	Exit below C$14.03 (−7.7%)	14% 7/50	−13.5% / −12.5%	−74.2% / −93.0%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	OUT	Feb 29, 2024 −20.2%	Enter above C$18.03 (+18.5%)	50% 3/6	+8.2% / −11.0%	−47.9% / −93.0%
Levy Relative StrengthRobert A. Levy · weekly	IN	Oct 9, 2026 +0.3%	Exit below C$14.37 (−5.5%)	19% 7/36	−2.1% / −10.9%	−71.7% / −93.0%
MACD Signal CrossGerald Appel · daily	IN	Sep 25, 2026 +9.3%	Exit below C$12.38 (−18.6%)	32% 52/162	−24.9% / −8.0%	−94.8% / −93.0%
Elder ImpulseAlexander Elder · daily	IN	Sep 24, 2026 +11.0%	Exit below C$14.44 (−5.0%)	29% 72/248	−5.4% / −8.0%	−79.6% / −93.0%
Know Sure ThingMartin J. Pring · daily	IN	Oct 1, 2026 +10.3%	Exit below C$7.38 (−51.5%)	34% 37/109	−14.4% / −5.4%	−94.1% / −93.0%
Coppock CurveEdwin S. C. Coppock · month-end	OUT	Sep 30, 2026 +9.4%	Enter above C$13.62 (−10.5%)	42% 5/12	−8.2% / −26.2%	−60.9% / −93.0%
CCI +100Donald R. Lambert · daily	IN	Oct 5, 2026 +4.8%	Exit below C$14.57 (−4.2%)	28% 54/193	−6.7% / −5.0%	−71.4% / −93.0%
TRIX Signal CrossJack K. Hutson · daily	IN	Oct 2, 2026 +8.6%	Not on one close	38% 32/85	−6.9% / −12.9%	−86.0% / −93.0%
TSI Zero LineWilliam Blau · daily	IN	Oct 6, 2026 +5.3%	Exit below C$11.74 (−22.8%)	27% 15/56	−3.7% / −12.9%	−77.8% / −93.0%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	OUT	Sep 30, 2026 +9.4%	Enter above C$13.93 (−8.4%)	29% 7/24	+2.8% / −0.5%	−81.2% / −93.0%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	OUT	Mar 31, 2025 +20.8%	Not on one close	62% 5/8	−6.0% / −18.9%	−37.7% / −72.7%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	OUT	Mar 31, 2025 +20.8%	Not on one close	44% 4/9	−0.2% / −0.5%	−68.8% / −93.0%
PMO Signal CrossCarl Swenlin · daily	IN	Oct 1, 2026 +10.3%	Exit below C$11.54 (−24.1%)	31% 32/104	−6.1% / −11.0%	−85.5% / −93.0%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	OUT	Jul 3, 2026 +1.3%	Not on one close	57% 8/14	−9.7% / −4.4%	−87.1% / −93.0%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Sep 3, 2026 +4.2%	Not on one close	63% 39/62	+1.4% / −12.4%	−28.9% / −93.0%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Sep 24, 2026 +11.0%	Buy C$13.73–C$14.44 (−5.1%)	57% 42/74	−3.3% / −12.4%	−70.1% / −93.0%
Bollinger ReversionJohn Bollinger · daily	OUT	Sep 25, 2026 +9.3%	Buy below C$12.62 (−17.0%)	69% 40/58	−4.4% / −4.4%	−72.7% / −93.0%
Stochastic 20/80George C. Lane · daily	OUT	Oct 13, 2026 0.0%	Not on one close	72% 43/60	−10.0% / −4.4%	−83.9% / −93.0%
Williams %RLarry Williams · daily	IN	Sep 2, 2026 +5.5%	Exit below C$15.15 (−0.4%)	60% 62/103	−4.7% / −4.0%	−70.1% / −93.0%
DeMark 9-CountTom DeMark · daily	IN	Sep 11, 2026 +10.2%	Not on one close	63% 17/27	−3.3% / −4.4%	−83.6% / −93.0%
Mayer MultipleTrace Mayer · daily	IN	Dec 20, 2019 −58.6%	Sell above C$33.19 (+118.2%)	–	−12.4% / −12.4%	−93.0% / −93.0%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Feb 17, 2026 +22.6%	Buy below C$12.93 (−15.0%)	67% 12/18	−2.2% / −11.0%	−38.4% / −93.0%
Laguerre RSIJohn F. Ehlers · daily	IN	Sep 24, 2026 +11.0%	Exit below C$14.32 (−5.9%)	49% 58/119	+3.4% / −6.0%	−77.1% / −93.0%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	IN	Jul 31, 2026 +7.6%	Exit below C$15.03 (−1.2%)	58% 88/151	+7.5% / −6.0%	−77.9% / −93.0%
IBS ReversionAlexander S. Pagonidis · daily	IN	Oct 13, 2026 0.0%	Sell above C$15.21 (0.0%)	55% 398/725	−17.1% / −3.6%	−83.5% / −93.0%
Connors %bLarry Connors & Cesar Alvarez · daily	OUT	Apr 23, 2025 +11.0%	Not on one close	56% 10/18	−2.8% / −12.4%	−70.1% / −93.0%
Fisher TransformJohn F. Ehlers · daily	IN	Sep 22, 2026 +12.6%	Exit below C$15.44 (+1.5%)	34% 119/346	−21.5% / −8.0%	−93.9% / −93.0%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	IN	Sep 30, 2026 +9.4%	Sell above C$14.18 (−6.8%)	49% 22/45	−17.2% / −6.5%	−86.1% / −93.0%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Sep 29, 2026 +9.6%	Not on one close	27% 70/256	−9.6% / −4.4%	−86.6% / −93.0%
Chaikin Money FlowMarc Chaikin · daily	IN	Oct 5, 2026 +4.8%	Not on one close	27% 25/91	−21.9% / −5.0%	−92.3% / −93.0%
Money Flow IndexGene Quong & Avrum Soudack · daily	IN	Dec 2, 2025 −2.7%	Exit below C$15.38 (+1.1%)	55% 6/11	−10.7% / −4.4%	−86.4% / −93.0%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Apr 9, 2025 +17.0%	Exit below C$13.28 (−12.7%)	39% 7/18	+0.7% / −0.9%	−76.4% / −93.0%
Force IndexAlexander Elder · daily	IN	Sep 25, 2026 +9.3%	Exit below C$14.43 (−5.2%)	31% 61/198	+7.1% / −6.4%	−74.2% / −93.0%
Buff AveragesBuff Dormeier · daily	IN	Sep 29, 2026 +9.6%	Exit below C$8.85 (−41.8%)	29% 39/136	−12.3% / −4.4%	−89.4% / −93.0%
Chaikin OscillatorMarc Chaikin · daily	IN	Sep 25, 2026 +9.3%	Not on one close	33% 71/217	−8.7% / −5.0%	−83.2% / −93.0%
Volume Flow IndicatorMarkos Katsanos · daily	IN	Aug 5, 2026 +4.6%	Not on one close	31% 12/39	+8.0% / +1.8%	−74.6% / −93.0%
Klinger OscillatorStephen J. Klinger · daily	IN	Sep 24, 2026 +11.0%	Not on one close	33% 86/259	−6.7% / −12.6%	−85.6% / −93.0%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	OUT	Jul 3, 2026 +1.3%	Not on one close	48% 25/52	+0.4% / −3.9%	−73.7% / −93.0%
HikkakeDaniel L. Chesler · daily	IN	Jun 24, 2026 +10.8%	Exit below C$12.66 (−16.8%)	63% 17/27	+22.5% / −5.2%	−29.5% / −93.0%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	Oct 22, 2025 −7.8%	Not on one close	68% 15/22	+9.8% / −4.6%	−16.8% / −93.0%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 +20.8%	Buys Oct 30	33% 5/15	−20.7% / −3.6%	−93.2% / −93.0%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 10, 2026 +29.8%	Not on one close	21% 3/14	−24.5% / −8.0%	−91.7% / −93.0%
Seasonal TimingSy Harding · daily	OUT	Apr 29, 2026 +22.6%	Window opens Oct 16	14% 2/14	−27.4% / −8.0%	−93.9% / −93.0%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 −8.4%	Buys Dec 23	43% 6/14	+1.2% / −3.6%	−21.3% / −93.0%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 +4.8%	Buys Oct 29	52% 95/182	−3.6% / −3.6%	−64.2% / −93.0%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 +9.4%	Sells Jun 30	75% 3/4	+10.7% / −3.6%	−36.8% / −93.0%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 +4.4%	Buys Nov 24	49% 67/138	+5.7% / −3.6%	−8.4% / −93.0%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 −21.4%	Not on one close	50% 3/6	−5.2% / −12.3%	−59.9% / −93.0%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	46% 368/793	−6.8% / −3.6%	−89.7% / −93.0%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 +12.7%	Buys Oct 27	52% 63/120	+11.4% / −3.6%	−9.8% / −93.0%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 +8.6%	Sells Oct 16	43% 81/188	−10.1% / −3.6%	−92.4% / −93.0%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Mar 8, 2019	Always in	–	−2.8%	−93.0%

If the market cracks: the storm test

How the storm test works

ExposureVery high8 of 10 points

Market swings3/3
Past crashes2/2
Debt3/3
Run-up0/2

It moves about 1.9× its index.
It fell about 3.0× as far as its index in past crashes.
It operating profit doesn't cover its interest.

Past crashes, peak to low

COVID crash Feb 2020 to Mar 2020 · back to its old high Jul 2020

LSPD−68%

TSX−37%

2022 bear market Jan 2022 to May 2022 · never got back

LSPD−60%

TSX−14%

Beta1.87Moves about 1.9× as much as the TSX week to week.
Downside capture386%In months the TSX fell, this fell 386% as much on average.
Two-year change−30%
From 52-week high−20%
Debt to equity0.01×
Interest cover−112.5×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Software - Application · Lightspeed Commerce Inc. engages in sale of cloud-based software subscriptions and payments solutions for single and multi-location retailers, restaurants, golf course operators, and other businesses. It offers a cloud-based commerce platform that connects suppliers, merchants, and consumers to enable omnichannel experiences and engage with consumers, manage operations, accept payments, and grow business.

Size and valuation
Market cap	C$2.0B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	$1.2B	Total sales.
P/E ratio	n/a	Lost money over the last year, so there is no profit to divide by.
Forward P/E	11.4×	Price against analysts' estimate of next year's profit.
Price to book	1.0×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	−7.8%	Spends more than it brings in.
Revenue growth	+5.8%	Last quarter's sales against the same quarter a year earlier.
Return on equity	−6.7%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	$44.1M	Cash left after running and investing in the business.

Balance sheet
Total equity	$1.5B	What it owns minus what it owes.
Total debt	$19.9M	Loans and bonds it has to pay back, with interest.
Cash	$372M	Cash and short-term investments on hand.
Debt to equity	0.01×	Comfortable.
Interest cover	−112.5×	Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.

Wall Street
Average analyst target	C$17.94	18% above the close, from 7 analysts (range C$11.14 to C$25.32).
Consensus rating	Hold	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Reports for Be The Puck Members.

LSPD: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Software & devices: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

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