LANZATECH GLOBAL INC (LNZA) Stock Technical Analysis
NASDAQ:LNZA - Nasdaq - US51655R1014 - Common Stock - Currency: USD
Taking everything into account, LNZA scores 3 out of 10 in our technical rating. In the past year, LNZA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, LNZA is a bad performer in the overall market: 97% of all stocks are doing better.
LNZA is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, of which 85% are performing better than LNZA.
LNZA 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 LNZA is lagging the market.
LNZA has an average volume of 2273930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month LNZA has a been trading in the 0.19 - 0.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
LNZA has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.22
0.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.22 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.30 to 0.30. 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 | DOWN | NEGATIVE | The long term trend for LNZA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LNZA is neutral. |
| ChartMill Relative Strength | 3.13 | NEGATIVE | LNZA has a low relative strength, it was outperformed by 96.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LNZA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LNZA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LNZA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.02 | NEUTRAL | The RSI value for LNZA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LNZA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.34 | NEUTRAL | The Stochastics value for LNZA is a neutral value. |
| Average True Range in percent/ATR (20) | 16.09 | HIGH VOLATILITY | The high ATR as a percentage value for LNZA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.82 | POSITIVE | The high ADX value value for LNZA 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)
0.2868
+0.02 (+6.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg6.7%
1 Week-3.3%
2 Weeks17.93%
1 Month30.36%
3 Month-27.83%
6 Month-71.88%
12 Month-83.23%
2 Year-95.8%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%16.09%
ATR Inc-40.07%
Range Today0.02
ADR(20)0.05
ADR(20)%15.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.13
Mansfield-7.49
10 Day High0.36
10 Day Low0.23
20 Day High0.41
20 Day Low0.19
52 Week High2.74
52 Week Low0.14
CS1 End0.27
CR1 Start0.3
Volume & EV
DER(3)-2.85%
DER(5)2.95%
Volume1.46M
Volume Incr-72.41%
Vol(5)1.01M
Vol(50)2.27M