CHENGHE ACQUISITION I CO (LATG) Stock Technical Analysis
NASDAQ:LATG - Nasdaq - KYG5380L1059 - Common Stock - Currency: USD
Taking everything into account, LATG scores 5 out of 10 in our technical rating. LATG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, LATG outperforms 62% of them, which is more or less in line with the market.
LATG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month LATG has a been trading in the 6.50 - 14.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, LATG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for LATG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.78
12.03
We found 1 important resistance area.
- A resistance zone ranging from 11.91 to 11.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.04
Mansfield-0.81
10 Day High13.24
10 Day Low6.5
20 Day High14.99
20 Day Low6.5
52 Week High14.99
52 Week Low6.5
Performance
1 Week18.06%
2 Weeks-2.94%
1 Month1.1%
3 Month3.75%
6 Month6.73%
12 Month12.05%
2 Year15.09%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)55.97
LBB6.7
UBB13.97
11.9
+3.4 (+40%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg40%
1 Week18.06%
2 Weeks-2.94%
1 Month1.1%
3 Month3.75%
6 Month6.73%
12 Month12.05%
2 Year15.09%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.68
ATR(20)%19.47%
ATR Inc-12.58%
Range Today3.68
ADR(20)2.11
ADR(20)%17.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.04
Mansfield-0.81
10 Day High13.24
10 Day Low6.5
20 Day High14.99
20 Day Low6.5
52 Week High14.99
52 Week Low6.5
CS1 EndN/A
CR1 Start11.91
Volume & EV
DER(3)11.2%
DER(5)-5.67%
Volume16.40K
Volume Incr-81.09%
Vol(5)22.68K
Vol(50)81.08K