AMCI ACQUISITION II A -CW28 (LNZAW) Stock Technical Analysis
USA - NASDAQ:LNZAW -
We assign a technical rating of 0 out of 10 to LNZAW. 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.
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 very little resistance above the current price. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone. 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.
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0.02
When analyzing the support we notice one important area.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | 1.1 | NEGATIVE | LNZAW has a low relative strength, it was outperformed by 98.9% 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) | 51.29 | 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) | 70.92 | NEUTRAL | The Stochastics value for LNZAW is a neutral value. |
| Average True Range in percent/ATR (20) | 21.44 | HIGH VOLATILITY | The high ATR as a percentage value for LNZAW suggests high volalility. |
| Average Directional Index/ADX (14) | 12.73 | NEGATIVE | The low ADX value for LNZAW suggests a weak or negative trend. |
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+0 (+3.37%)
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.
Can you provide the trend direction for AMCI ACQUISITION II A -CW28?
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 51.2913. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMCI ACQUISITION II A -CW28?
The MACD indicator for AMCI ACQUISITION II A -CW28 (LNZAW) has a value of 0.000310448, indicating a bearish trend.
What are the support and resistance levels for AMCI ACQUISITION II A -CW28 (LNZAW) stock?
AMCI ACQUISITION II A -CW28 (LNZAW) has a support level at 0.02. Check the full technical report for our detailed analysis of LNZAW support and resistance levels.