Longview Acquisition Corp Cl A (LGVW) Stock Technical Analysis
USA - NYSE:LGVW -
23.05
+0.13 (+0.57%)
23.63
+0.58 (+2.52%)
We assign a technical rating of 7 out of 10 to LGVW. Although LGVW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, LGVW is a bad performer in the overall market: 100% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
LGVW 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.
LGVW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
LGVW has an average volume of 2907620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LGVW 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
9.70
23.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.95 to 18.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.24 to 18.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @9.80 from a horizontal line 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 LGVW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LGVW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | LGVW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LGVW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LGVW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.34 | NEUTRAL | The RSI value for LGVW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests LGVW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.86 | OVERBOUGHT | The high Stochastics value suggests LGVW may be overbought. |
| Average True Range in percent/ATR (20) | 7.98 | HIGH VOLATILITY | The high ATR as a percentage value for LGVW suggests high volalility. |
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)
23.05
+0.13 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.57%
1 Week13.55%
2 Weeks24.93%
1 Month9.87%
3 Month135.68%
6 Month132.83%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.73
ATR(20)%7.98%
ATR Inc-2.07%
Range Today1.84
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High24.19
10 Day Low17.85
20 Day High24.19
20 Day Low17
52 Week High24.19
52 Week Low9.34
CS1 End18.98
CR1 StartN/A
Volume & EV
DER(3)-3.96%
DER(5)-3.4%
Volume2.46M
Volume Incr28.58%
Vol(5)2.83M
Vol(50)2.91M