LDH GROWTH CORP I (LDHAU) Stock Technical Analysis
NASDAQ:LDHAU • KYG540941187
Overall LDHAU gets a technical rating of 9 out of 10. Both in the recent history as in the last year, LDHAU has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: LDHAU has an average volume of 18672 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that LDHAU is one of the better performing stocks in the market, outperforming 80% of all stocks.
- LDHAU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LDHAU is lagging the market.
- In the last month LDHAU has a been trading in a tight range between 10.02 and 10.27.
- Considerably lower volume is observed in the last couple of days.
LDHAU has an excellent technical rating, but the quality of the setup is only medium 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.
2 important resistance areas can be observed.
- 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.
What is the trend direction for LDHAU stock?
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 short term momentum for LDHAU stock?
The short term momentum for LDH GROWTH CORP I (LDHAU) is positive.
What is the support and resistance level for 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.