L CATTERTON ASIA ACQ-CLASS A (LCAA) Technical Analysis

NASDAQ:LCAA • KYG5346G1257

Current stock price

13.51 USD
+0.32 (+2.43%)
At close:
14.5 USD
+0.99 (+7.33%)
After Hours:

LCAA Technical Rating and Analysis

8

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

L CATTERTON ASIA ACQ-CLASS A / LCAA Weekly stock chart
L CATTERTON ASIA ACQ-CLASS A / LCAA Daily stock chart

LCAA Setup Rating and Analysis

3

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.

LCAA Support and Resistance Analysis

9.00

13.65

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for LCAA is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for LCAA is up.
ChartMill Relative Strength87.43POSITIVELCAA has a high relative strength, it outperformed 87.43% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of LCAA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of LCAA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of LCAA is above the rising SMA(200).
Relative Strength Index/RSI (14)70.93OVERBOUGHTThe high RSI value suggests LCAA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.38POSITIVEThe MACD value suggests LCAA has a positive trend.
Stochastics (14,3)62.83NEUTRALThe Stochastics value for LCAA is a neutral value.
Average True Range in percent/ATR (20)10.65HIGH VOLATILITYThe high ATR as a percentage value for LCAA suggests high volalility.
Average Directional Index/ADX (14)26.53POSITIVEThe high ADX value value for LCAA suggests a strong trend.

LCAA Chart- and CandleStick Pattern Analysis

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)

LCAA Technicals: Chart, Performance Metrics, Trend & Indicators

L CATTERTON ASIA ACQ-CLASS A / LCAA Daily stock chart

L CATTERTON ASIA ACQ-CLASS A

NASDAQ:LCAA (2/22/2024, 8:00:02 PM)

After market: 14.5 +0.99 (+7.33%)

13.51

+0.32 (+2.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.43%
1 Week47.36%
2 Weeks45.74%
1 Month24.75%
3 Month26.03%
6 Month27.21%
12 Month31.29%
2 Year38.99%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.66
ATR(20)%10.65%
ATR Inc182.31%
Range Today4.45
ADR(20)1.33
ADR(20)%9.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.43
3 months CRSN/A
6 months CRSN/A
Mansfield1.11
10 Day High16.55
10 Day Low8.6
20 Day High16.55
20 Day Low8.59
52 Week High16.55
52 Week Low8.59
CS1 End10.65
CR1 StartN/A
Volume & EV
DER(3)4.18%
DER(5)1.94%
Volume107.50K
Volume Incr-58.49%
Vol(5)83.02K
Vol(50)160.20K

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.