LAMF GLOBAL VENTURES CORP I (LGVC) Stock Technical Analysis
NASDAQ:LGVC - Nasdaq - KYG5338L1086 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to LGVC. LGVC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
8.03
11.01
2 important resistance areas can be observed.
- 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.
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. |
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)
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
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