We assign a technical rating of 6 out of 10 to LMAO. LMAO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
LMAO has an average technical rating and also 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
9.83
We found 1 important support area.
- A support zone ranging from 9.93 to 10.08. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for LMAO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMAO is neutral. |
| ChartMill Relative Strength | 95.16 | POSITIVE | LMAO has a high relative strength, it outperformed 95.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LMAO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LMAO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LMAO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.8 | NEUTRAL | The RSI value for LMAO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests LMAO has a positive trend. |
| Stochastics (14,3) | 53.36 | NEUTRAL | The Stochastics value for LMAO is a neutral value. |
| Average True Range in percent/ATR (20) | 14.97 | HIGH VOLATILITY | The high ATR as a percentage value for LMAO suggests high volalility. |
| Average Directional Index/ADX (14) | 40.82 | POSITIVE | The high ADX value value for LMAO suggests a strong trend. |
12.35
+1.46 (+13.41%)
LMF ACQUISITION OPPORTUNIT-A / LMAO FAQ
What is the technical rating for LMAO stock?
ChartMill assigns a technical rating of 5 / 10 to LMAO.
What is the current trend direction of LMF ACQUISITION OPPORTUNIT-A (LMAO) stock?
The current trend direction for LMF ACQUISITION OPPORTUNIT-A (LMAO) is Bearish.
Can you provide the RSI signal for LMF ACQUISITION OPPORTUNIT-A?
LMF ACQUISITION OPPORTUNIT-A (LMAO) has an RSI value of 63.804. This indicates that the stock is currently neutral.
What is the MACD signal for LMAO stock?
The MACD indicator for LMF ACQUISITION OPPORTUNIT-A (LMAO) has a value of 0.274989, indicating a bearish trend.