Overall LNZAW gets a technical rating of 0 out of 10. LNZAW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, LNZAW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.02. Right above this resistance zone may be a good entry point.
0.02
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The short term trend for LNZAW is neutral. |
| ChartMill Relative Strength | 3.37 | NEGATIVE | LNZAW has a low relative strength, it was outperformed by 96.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LNZAW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LNZAW is below 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) | 51.03 | NEUTRAL | The RSI value for LNZAW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LNZAW has a positive trend. |
| Stochastics (14,3) | 55 | NEUTRAL | The Stochastics value for LNZAW is a neutral value. |
| Average True Range in percent/ATR (20) | 25.47 | HIGH VOLATILITY | The high ATR as a percentage value for LNZAW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.78 | NEGATIVE | The low ADX value for LNZAW suggests a weak or negative trend. |
0.0161
+0 (+18.38%)
ChartMill assigns a technical rating of 0 / 10 to LNZAW.
The current trend direction for AMCI ACQUISITION II A -CW28 (LNZAW) is Bearish.
AMCI ACQUISITION II A -CW28 (LNZAW) has an RSI value of 51.0337. This indicates that the stock is currently neutral.
The MACD indicator for AMCI ACQUISITION II A -CW28 (LNZAW) has a value of 0.000234328, indicating a bearish trend.
AMCI ACQUISITION II A -CW28 (LNZAW) has a resistance level at 0.02. Check the full technical report for our detailed analysis of LNZAW support and resistance levels.