LEO HOLDINGS CORP II-CLASS A (LHC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LHC - KYG5463R1020 - Common Stock
Taking everything into account, LHC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LHC is showing a nice and steady performance.
Although LHC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.46
2 important support areas can be observed.
- A support zone ranging from 10.87 to 11.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.57 to 10.58. 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 | UP | POSITIVE | The long term trend for LHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LHC is up. |
| ChartMill Relative Strength | 86.93 | POSITIVE | LHC has a high relative strength, it outperformed 86.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 92.19 | OVERBOUGHT | The high RSI value suggests LHC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LHC has a positive trend. |
| Stochastics (14,3) | 90.18 | OVERBOUGHT | The high Stochastics value suggests LHC may be overbought. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for LHC suggests low volalility. |
| Average Directional Index/ADX (14) | 47.29 | POSITIVE | The high ADX value value for LHC suggests a strong trend. |
NYSE:LHC (11/16/2023, 8:04:00 PM)
11.87
+0.71 (+6.36%)
LEO HOLDINGS CORP II-CLASS A / LHC FAQ
Can you provide the ChartMill technical rating for LEO HOLDINGS CORP II-CLASS A?
ChartMill assigns a technical rating of 9 / 10 to LHC.
What is the current trend direction of LEO HOLDINGS CORP II-CLASS A (LHC) stock?
The current trend direction for LEO HOLDINGS CORP II-CLASS A (LHC) is Bullish.
What is the RSI signal for LEO HOLDINGS CORP II-CLASS A (LHC) stock?
LEO HOLDINGS CORP II-CLASS A (LHC) has an RSI value of 92.1934. This indicates that the stock is currently overbought.
What is the MACD signal for LHC stock?
The MACD indicator for LEO HOLDINGS CORP II-CLASS A (LHC) has a value of 0.0415681, indicating a bearish trend.
Can you provide the short term momentum for LEO HOLDINGS CORP II-CLASS A?
The short term momentum for LEO HOLDINGS CORP II-CLASS A (LHC) is positive.