LFLY Leafly Holdings NASDAQ $37.00 23 Jan 2026: Oversold bounce may reach $50
We see LFLY stock trading at $37.00 on the NASDAQ in the United States on 23 Jan 2026, setting up an oversold bounce trade for intraday traders. Volume is light at 37,538 shares but relative volume is elevated at 853.14, which can fuel short-term moves. The company, Leafly Holdings, Inc. (NASDAQ: LFLY), sits in the Healthcare sector and shows stretched technicals versus its 50-day average of $94.54 and 200-day average of $179.02. We outline a measured bounce strategy, key technical levels, and model-led forecasts for risk-aware traders
Market snapshot for LFLY stock
Leafly Holdings, Inc. (LFLY) is quoted at $37.00 on NASDAQ with market cap $114,896,803.00 and 37,538 shares traded so far today. The stock opened at $0.21 and shows a day range of $0.21–$37.00. Liquidity is thin by average volume standards (avg 44.00), so intraday swings can be sharp. We link the official quote for reference Nasdaq LFLY quote and historical context Nasdaq LFLY historical.
Why an oversold bounce matters for LFLY stock
The immediate setup is a classic oversold bounce: price is well below its 50-day moving average and intraday prints show a compressed range. Short-term traders can target relief rallies after heavy sell pressure. With low free float and a relVolume of 853.14, a small order imbalance can lift price toward nearby resistance. We expect initial resistance around $50.00 as a practical profit-taking zone.
Fundamental snapshot and LFLY stock metrics
Leafly’s trailing metrics are mixed: EPS -900.00, P/E -0.04, price-to-sales 4.64, and current ratio 0.37. Revenue per share is 8.16 while cash per share is 2.85. Operating margins are negative but gross margin is high at 89.72%, reflecting a low-cost platform model. These fundamentals argue for caution beyond a short-term bounce, given negative operating cash flow and tight liquidity.
Technical levels and intraday trade idea for LFLY stock
Support sits near the session low $0.21 while first resistance is $50.00, then the 50-day average $94.54. For an oversold bounce trade we recommend a scaled entry with stops below $10.00 and profit targets at $50.00 then $94.54. Keep position size small given average volume 44.00 and the stock’s high volatility history.
Meyka AI grade, model forecast and LFLY stock outlook
Meyka AI rates LFLY with a score out of 100: 65.83 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 and sector comparison, financial growth, key metrics, and analyst signals. Meyka AI’s forecast model projects a near-term quarterly target of $4.01, which we treat as a model output rather than a recommendation. Forecasts are model-based projections and not guarantees. For traders, short-term technical relief to $50.00 is the actionable scenario; for investors, fundamentals suggest caution.
Risks, catalysts and what could change the LFLY stock view
Key risks include weak liquidity, negative cash flow, and regulatory headlines in the cannabis sector. Catalysts that could lift sentiment are improved ad revenue, stronger SaaS uptake from retailers, or clearer U.S. cannabis policy signals. We monitor upcoming earnings and product updates as potential catalysts for sustained moves.
Final Thoughts
Key takeaways for LFLY stock: in the intraday window on 23 Jan 2026, Leafly (NASDAQ: LFLY) at $37.00 shows an oversold bounce setup that can produce short-term rallies to $50.00 if volume supports the move. Fundamental metrics remain stretched—EPS -900.00, P/E -0.04, price-to-sales 4.64, and current ratio 0.37—so any position should be size-limited and time-defined. Meyka AI’s forecast model projects $4.01, implying a model-based downside of -89.19% versus the current price of $37.00; forecasts are model-based projections and not guarantees. We view the best risk-reward intraday trade as a small, tactical long for a relief rally, with stop-loss discipline under $10.00 and profit targets at $50.00 and $94.54. For investors, HOLD-grade fundamentals and low liquidity argue for patience and selective sizing. For live quotes and further updates see our platform and the official Nasdaq pages, plus the Meyka AI LFLY page for real-time signals Meyka LFLY page and reference data Nasdaq LFLY quote.
FAQs
Is LFLY stock a buy after this intraday bounce?
For intraday traders, LFLY stock can offer a tactical bounce to $50.00; size positions small and use tight stops. For longer-term investors, fundamentals and liquidity suggest caution, so consider HOLD or reduced exposure.
What price target does Meyka AI give for LFLY stock?
Meyka AI’s forecast model projects $4.01 as a model output; compared to the current price $37.00, that implies -89.19%. This is a model projection and not a guarantee.
Which technical levels matter for an LFLY stock oversold bounce?
Watch session support near $0.21, short-term resistance at $50.00, and the 50-day average at $94.54. Use stops and small sizing due to low average volume (44.00).
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
