CHENGHE ACQUISITION I CO (LATG) Technical Analysis
NASDAQ:LATG • KYG5380L1059
Current stock price
LATG Technical Rating and Analysis
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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, LATG turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
- LATG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LATG is lagging the market slightly.
- 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.
LATG Weekly and Daily overview Charts
LATG Setup Rating and Analysis
LATG has only a medium technical rating, but it does show a decent setup pattern. 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
LATG Support and Resistance Analysis
11.78
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.
LATG Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for LATG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LATG is neutral. |
| ChartMill Relative Strength | 62.04 | NEUTRAL | LATG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LATG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LATG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LATG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.97 | NEUTRAL | The RSI value for LATG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests LATG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.67 | NEUTRAL | The Stochastics value for LATG is a neutral value. |
| Average True Range in percent/ATR (20) | 19.47 | HIGH VOLATILITY | The high ATR as a percentage value for LATG suggests high volalility. |
| Average Directional Index/ADX (14) | 33.86 | POSITIVE | The high ADX value value for LATG suggests a strong trend. |
LATG Chart- and CandleStick Pattern Analysis
LATG Technicals: Chart, Performance Metrics, Trend & Indicators
11.9
+3.4 (+40%)
CHENGHE ACQUISITION I CO / LATG TA FAQ
Can you provide the ChartMill technical rating for CHENGHE ACQUISITION I CO?
ChartMill assigns a technical rating of 5 / 10 to LATG.
What is the trend direction for LATG stock?
The current trend direction for CHENGHE ACQUISITION I CO (LATG) is Bearish.
Can you provide the RSI signal for CHENGHE ACQUISITION I CO?
CHENGHE ACQUISITION I CO (LATG) has an RSI value of 55.9679. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CHENGHE ACQUISITION I CO?
The short term momentum for CHENGHE ACQUISITION I CO (LATG) is neutral.