L CATTERTON ASIA ACQ-CLASS A (LCAA) Technical Analysis
NASDAQ:LCAA • KYG5346G1257
Current stock price
LCAA Technical Rating and Analysis
Overall LCAA gets a technical rating of 8 out of 10. LCAA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that LCAA is one of the better performing stocks in the market, outperforming 87% of all stocks.
- LCAA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month LCAA has a been trading in the 8.59 - 16.55 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LCAA Weekly and Daily overview Charts
LCAA Setup Rating and Analysis
Although LCAA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LCAA Support and Resistance Analysis
9.00
We found 2 important support areas.
- A support zone ranging from 10.63 to 10.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.09 from a horizontal line in the daily time frame.
LCAA 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 LCAA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LCAA is up. |
| ChartMill Relative Strength | 87.43 | POSITIVE | LCAA has a high relative strength, it outperformed 87.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LCAA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LCAA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LCAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.93 | OVERBOUGHT | The high RSI value suggests LCAA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests LCAA has a positive trend. |
| Stochastics (14,3) | 62.83 | NEUTRAL | The Stochastics value for LCAA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.65 | HIGH VOLATILITY | The high ATR as a percentage value for LCAA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.53 | POSITIVE | The high ADX value value for LCAA suggests a strong trend. |
LCAA Chart- and CandleStick Pattern Analysis
LCAA Technicals: Chart, Performance Metrics, Trend & Indicators
13.51
+0.32 (+2.43%)
L CATTERTON ASIA ACQ-CLASS A / LCAA TA FAQ
Can you provide the ChartMill technical rating for L CATTERTON ASIA ACQ-CLASS A?
ChartMill assigns a technical rating of 8 / 10 to LCAA.
Can you provide the trend direction for L CATTERTON ASIA ACQ-CLASS A?
The current trend direction for L CATTERTON ASIA ACQ-CLASS A (LCAA) is Bearish.
Can you provide the RSI signal for L CATTERTON ASIA ACQ-CLASS A?
L CATTERTON ASIA ACQ-CLASS A (LCAA) has an RSI value of 70.9271. This indicates that the stock is currently overbought.
Can you provide the short term momentum for L CATTERTON ASIA ACQ-CLASS A?
The short term momentum for L CATTERTON ASIA ACQ-CLASS A (LCAA) is positive.