Locafy Shares Surge After Expanding Partnership With Experience.com

Locafy Limited (NASDAQ:LCFY) shares are trading higher Friday after the company announced it expanded its partnership with Experience.com.

Locafy stock is showing exceptional strength. Why are LCFY shares rallying?

Locafy, Experience.com Expand U.S. Partnership

Locafy said the expanded agreement allows Experience.com to sell Locafy's Localizer product across the United States alongside its reviews and reputation-management platform.

Under the expanded partnership, Experience.com will initially target more than 800,000 recently added home services business profiles on its platform, including contractors across roofing, plumbing, HVAC, and related trades.

Locafy said it will support Experience.com's sales efforts through educational webinars and AI-powered sales enablement technology designed to deliver qualified appointments directly to Experience.com's sales team.

Experience.com said it is targeting thousands of Localizer sales during 2026, subject to market conditions and execution, citing early traction and pipeline development.

Locafy said the partnership expansion is intended to scale adoption of its Localizer solution through a channel-led go-to-market strategy in the U.S. home services market.

The partnership will also be supported by Growth Pro Agency, Locafy's premium U.S. partner, which has sold and deployed Locafy's technology across the home services sector.

Technical Analysis Of Locafy

Locafy is trading 83.5% above its 20-day simple moving average (SMA) and 27.7% above its 100-day SMA, indicating strong short-term momentum. Over the past 12 months, shares have decreased by 30.09%, and the stock is currently positioned closer to its 52-week lows than highs, reflecting a challenging longer-term trend.

The RSI is at 40.68, which is considered neutral territory, suggesting that the stock is neither overbought nor oversold. Meanwhile, the MACD is above its signal line, indicating bullish momentum, which could support the current price increase.

The combination of a neutral RSI and bullish MACD suggests mixed momentum, indicating that while there is some upward pressure, caution may still be warranted.

LCFY Price Action: At the time of writing, Locafy shares are trading 48.56% higher at $4.65, according to data from Benzinga Pro.

This illustration was generated using artificial intelligence via Midjourney.