LAMF GLOBAL VENTURES CORP I (LGVC) Technical Analysis
NASDAQ:LGVC • KYG5338L1086
Current stock price
8.11 USD
+1.35 (+20.06%)
At close:
6 USD
-2.11 (-26.02%)
After Hours:
LGVC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LGVC. LGVC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 88% of all other stocks performed better in the past year than LGVC.
- LGVC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LGVC is lagging the market.
- In the last month LGVC has a been trading in the 6.02 - 11.67 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
LGVC Weekly and Daily overview Charts
LGVC Setup Rating and Analysis
LGVC has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
LGVC Support and Resistance Analysis
8.03
11.01
We can see 2 important resistance areas.
- Resistance @10.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.76 to 10.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
LGVC 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 | DOWN | NEGATIVE | The long term trend for LGVC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LGVC is neutral. |
| ChartMill Relative Strength | 12.96 | NEGATIVE | LGVC has a low relative strength, it was outperformed by 87.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LGVC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LGVC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LGVC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.52 | NEUTRAL | The RSI value for LGVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests LGVC has a positive trend. |
| Stochastics (14,3) | 45.49 | NEUTRAL | The Stochastics value for LGVC is a neutral value. |
| Average True Range in percent/ATR (20) | 18.09 | HIGH VOLATILITY | The high ATR as a percentage value for LGVC suggests high volalility. |
| Average Directional Index/ADX (14) | 31.66 | POSITIVE | The high ADX value value for LGVC suggests a strong trend. |
LGVC 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)
LGVC Technicals: Chart, Performance Metrics, Trend & Indicators
8.11
+1.35 (+20.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg20.06%
1 Week16.02%
2 Weeks17.88%
1 Month-27%
3 Month-26%
6 Month-24.13%
12 Month-22.24%
2 Year-18.08%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%18.09%
ATR Inc16.45%
Range Today2.08
ADR(20)1.41
ADR(20)%17.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.96
3 months CRSN/A
6 months CRSN/A
Mansfield-3.02
10 Day High8.56
10 Day Low6.1
20 Day High11.67
20 Day Low6.02
52 Week High21.5
52 Week Low6.02
CS1 EndN/A
CR1 Start10.51
Volume & EV
DER(3)0.31%
DER(5)1.79%
Volume60.70K
Volume Incr-75.78%
Vol(5)34.14K
Vol(50)94.36K
LAMF GLOBAL VENTURES CORP I / LGVC TA FAQ
What is the technical rating for LGVC stock?
ChartMill assigns a technical rating of 0 / 10 to LGVC.
Can you provide the trend direction for LAMF GLOBAL VENTURES CORP I?
The current trend direction for LAMF GLOBAL VENTURES CORP I (LGVC) is Bearish.
What is the RSI signal for LGVC stock?
LAMF GLOBAL VENTURES CORP I (LGVC) has an RSI value of 49.5226. This indicates that the stock is currently neutral.
What is the short term momentum for LAMF GLOBAL VENTURES CORP I (LGVC) stock?
The short term momentum for LAMF GLOBAL VENTURES CORP I (LGVC) is neutral.