Taking everything into account, LNZAW scores 0 out of 10 in our technical rating. LNZAW'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than LNZAW.
- LNZAW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month LNZAW has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: LNZAW has an average volume of 23854 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, LNZAW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for LNZAW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.01
We found 1 important support area.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.01 to 0.01. 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 LNZAW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LNZAW is down. |
| ChartMill Relative Strength | 3.83 | NEGATIVE | LNZAW has a low relative strength, it was outperformed by 96.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LNZAW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LNZAW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LNZAW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.16 | NEUTRAL | The RSI value for LNZAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LNZAW has a negative trend. |
| Stochastics (14,3) | 30.63 | NEUTRAL | The Stochastics value for LNZAW is a neutral value. |
| Average True Range in percent/ATR (20) | 13.32 | HIGH VOLATILITY | The high ATR as a percentage value for LNZAW suggests high volalility. |
| Average Directional Index/ADX (14) | 15.86 | NEGATIVE | The low ADX value for LNZAW suggests a weak or negative trend. |
0.0136
+0 (+14.29%)
AMCI ACQUISITION II A -CW28 / LNZAW FAQ
What is the ChartMill technical rating of AMCI ACQUISITION II A -CW28 (LNZAW) stock?
ChartMill assigns a technical rating of 0 / 10 to LNZAW.
What is the current trend direction of AMCI ACQUISITION II A -CW28 (LNZAW) stock?
The current trend direction for AMCI ACQUISITION II A -CW28 (LNZAW) is Bearish.
What is the RSI signal for AMCI ACQUISITION II A -CW28 (LNZAW) stock?
AMCI ACQUISITION II A -CW28 (LNZAW) has an RSI value of 39.1601. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AMCI ACQUISITION II A -CW28?
The short term momentum for AMCI ACQUISITION II A -CW28 (LNZAW) is negative.
Can you provide the support and resistance levels for AMCI ACQUISITION II A -CW28?
AMCI ACQUISITION II A -CW28 (LNZAW) has a resistance level at 0.01. Check the full technical report for our detailed analysis of LNZAW support and resistance levels.