$39.93 LEVL stock Level One Bancorp NASDAQ 03 Feb 2026: Oversold bounce entry

LEVL stock closed at $39.93 on NASDAQ on 03 Feb 2026, giving a short-term oversold bounce setup for traders. Price pulled back from a 52-week high of $42.63 and sits near the 50-day average of $40.63. Volume rose to 115,049 shares, almost 3.04x the average, which signals active rotation. Investors should weigh bank fundamentals, valuation, and a tactical entry plan for the oversold bounce.

LEVL stock: Market snapshot and session context

Level One Bancorp, Inc. (LEVL) closed at $39.93 on NASDAQ in the United States after a day range of $39.80–$40.42. The stock fell 0.38 points or 0.94% on the session, with volume at 115,049 versus an average of 37,890. We note the market is closed and this summary reflects end-of-day pricing and activity.

LEVL stock: Why an oversold bounce may be forming

Price sits below the 50-day average of $40.63 but above the 200-day average of $34.66, which often sets up mean-reversion moves. The high relative volume suggests sellers and bargain buyers are active, a common trait before short-term bounces. For traders, consider a tight risk plan because regional banks can move quickly on macro headlines.

LEVL stock: Fundamentals and valuation

Level One Bancorp shows EPS 3.95 and a trailing PE of 10.11, which is cheap versus many peers. Book value per share is $31.16 and price-to-book is 1.28, supporting a conservative valuation case. The bank reports ROE 14.26% and interest coverage near 5.95, which reflect solid profitability and coverage for a regional bank.

LEVL stock: Technicals and price action

Short-term indicators point to an oversold setup. The Keltner channel middle sits at $39.93 and the lower band at $38.69, implying limited immediate downside. Average true range is $0.62, so expect measured moves. The stock’s relVolume of 3.04 shows heightened interest that can fuel a bounce if buyers step in. For live updates see Investing.com market commentary.

LEVL stock: Meyka AI grade, model forecast and comparison

Meyka AI rates LEVL with a score out of 100 as 69.54 (Grade B) with a suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly target of $41.58 and a yearly target of $100.35. Versus the current $39.93, the monthly projection implies an upside of 4.13%, and the yearly projection implies an upside of 151.37%. Forecasts are model-based projections and not guarantees. Meyka AI is referenced here as an AI-powered market analysis platform.

LEVL stock: Risks, trade plan and practical price targets

Key risks include regional bank sensitivity to rates and loan performance, and event-driven volatility. For an oversold bounce trade, use a stop under $38.50 and target a first partial exit near $41.50–$42.50. A more bullish plan that respects Meyka’s yearly projection could hold to $100.35, but that requires multi-quarter conviction and active risk management. Internal reference: view the LEVL page on Meyka for live data and alerts: LEVL on Meyka.

Final Thoughts

LEVL stock closed at $39.93 on NASDAQ on 03 Feb 2026, offering a classic oversold bounce setup for tactical traders. Fundamentals look reasonable with EPS 3.95, PE 10.11, PB 1.28, and ROE 14.26%, which supports a value case. Short-term technicals show an elevated volume surge and space to the Keltner lower band at $38.69, which favors a measured bounce attempt. Meyka AI’s forecast model projects $41.58 in one month and $100.35 over a year, implying 4.13% and 151.37% upside versus $39.93, respectively. Use a tight stop, scale sizing, and watch macro headlines that affect regional banks. Forecasts are model-based projections and not guarantees, and Meyka’s grade is informational only. For news context and chart rhythm, consult market commentary at Investing.com.

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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.