Lifesci Acquisition Corp (LSAC) Stock Technical Analysis
NASDAQ:LSAC - Nasdaq -
We assign a technical rating of 7 out of 10 to LSAC. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, LSAC is a bad performer.
100% of all other stocks performed better in the past year than LSAC.
Warning: LSAC has an average volume of 16388 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
LSAC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LSAC is lagging the market slightly.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month LSAC has a been trading in the 14.50 - 19.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although LSAC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.91
19.19
When analyzing the support we notice one important area.
- Support @16.07 from a trend line 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 | UP | POSITIVE | The long term trend for LSAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LSAC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | LSAC 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 LSAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LSAC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 72.05 | OVERBOUGHT | The high RSI value suggests LSAC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests LSAC has a positive trend. |
| Stochastics (14,3) | 73.52 | NEUTRAL | The Stochastics value for LSAC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for LSAC suggests high volalility. |
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)
NASDAQ:LSAC (12/23/2020, 6:17:33 PM)
19
+1.3 (+7.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.34%
1 Week16.49%
2 Weeks22.58%
1 Month16.49%
3 Month88.12%
6 Month90.95%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.4
ATR(20)%5.9%
ATR Inc194.24%
Range Today3.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High19.85
10 Day Low14.5
20 Day High19.85
20 Day Low14.5
52 Week High19.85
52 Week Low9.61
CS1 End16.07
CR1 StartN/A
Volume & EV
DER(3)-3.19%
DER(5)0.06%
Volume61.20K
Volume Incr277.95%
Vol(5)43.20K
Vol(50)16.39K