Live Oak Acquisition Corp II Cl A (LOKB) Technical Analysis
NYSE:LOKB
Current stock price
LOKB Technical Rating and Analysis
Taking everything into account, LOKB scores 7 out of 10 in our technical rating. Although LOKB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, LOKB is a bad performer in the overall market: 100% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by LOKB, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so LOKB is leading the market.
- In the last month LOKB has a been trading in the 9.85 - 14.17 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LOKB Weekly and Daily overview Charts
LOKB Setup Rating and Analysis
Although LOKB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LOKB Support and Resistance Analysis
9.68
We found 2 important support areas.
- A support zone ranging from 9.94 to 10.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @9.78 from a horizontal line in the daily time frame.
LOKB Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for LOKB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LOKB is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | LOKB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LOKB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LOKB is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 82.17 | OVERBOUGHT | The high RSI value suggests LOKB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests LOKB has a positive trend. |
| Stochastics (14,3) | 82.67 | OVERBOUGHT | The high Stochastics value suggests LOKB may be overbought. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for LOKB suggests some volalility. |
LOKB Chart- and CandleStick Pattern Analysis
LOKB Technicals: Chart, Performance Metrics, Trend & Indicators
Live Oak Acquisition Corp II Cl A
NYSE:LOKB (10/19/2021, 8:06:57 PM)
After market: 13.45 +0.07 (+0.52%)13.38
-0.15 (-1.11%)
Live Oak Acquisition Corp II Cl A / LOKB TA FAQ
What is the technical rating for LOKB stock?
ChartMill assigns a technical rating of 7 / 10 to LOKB.
Can you provide the trend direction for Live Oak Acquisition Corp II Cl A?
The current trend direction for Live Oak Acquisition Corp II Cl A (LOKB) is Bullish.
Can you provide the RSI signal for Live Oak Acquisition Corp II Cl A?
Live Oak Acquisition Corp II Cl A (LOKB) has an RSI value of 82.1712. This indicates that the stock is currently overbought.
Can you provide the MACD signal for Live Oak Acquisition Corp II Cl A?
The MACD indicator for Live Oak Acquisition Corp II Cl A (LOKB) has a value of 0.378883, indicating a bearish trend.
What is the buy/sell signal for Live Oak Acquisition Corp II Cl A (LOKB) stock?
The buy/sell signal for Live Oak Acquisition Corp II Cl A (LOKB) is buy as both the short term and long term trends are positive.