Overall LDHAU gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LDHAU is showing a nice and steady performance.
Although LDHAU has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.64
When analyzing the support we notice one important area.
- A support zone ranging from 9.74 to 10.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Strong resistance @10.21 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.42 to 10.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The long term trend for LDHAU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LDHAU is up. |
| ChartMill Relative Strength | 80.46 | POSITIVE | LDHAU has a high relative strength, it outperformed 80.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LDHAU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LDHAU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LDHAU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.44 | OVERBOUGHT | The high RSI value suggests LDHAU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LDHAU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.2 | NEUTRAL | The Stochastics value for LDHAU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for LDHAU suggests low volalility. |
| Average Directional Index/ADX (14) | 62.25 | POSITIVE | The high ADX value value for LDHAU suggests a strong trend. |
NASDAQ:LDHAU (3/17/2023, 8:24:28 PM)
10.2
0 (0%)
LDH GROWTH CORP I / LDHAU FAQ
What is the ChartMill technical rating of LDH GROWTH CORP I (LDHAU) stock?
ChartMill assigns a technical rating of 8 / 10 to LDHAU.
Can you provide the trend direction for LDH GROWTH CORP I?
The current trend direction for LDH GROWTH CORP I (LDHAU) is Bullish.
Can you provide the RSI signal for LDH GROWTH CORP I?
LDH GROWTH CORP I (LDHAU) has an RSI value of 71.4372. This indicates that the stock is currently overbought.
What is the buy/sell signal for LDHAU stock?
The buy/sell signal for LDH GROWTH CORP I (LDHAU) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for LDH GROWTH CORP I (LDHAU) stock?
LDH GROWTH CORP I (LDHAU) has a support level at 10.18 and a resistance level at 10.21. Check the full technical report for our detailed analysis of LDHAU support and resistance levels.