Logo image of LACQ

Leisure Acquisition Corp (LACQ) Stock Technical Analysis

NASDAQ:LACQ - Nasdaq -

13.41  -0.5 (-3.59%)

Technical Rating and Analysis

2

Taking everything into account, LACQ scores 2 out of 10 in our technical rating. LACQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, LACQ is a bad performer in the overall market: 79% of all stocks are doing better.
LACQ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: LACQ has an average volume of 2512 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month LACQ has a been trading in the 11.16 - 14.21 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Weekly and Daily overview Charts
Leisure Acquisition Corp / LACQ Weekly stock chart
Leisure Acquisition Corp / LACQ Daily stock chart
Setup Rating and Analysis

6

LACQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.32, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.11

14.06

We found 7 important support areas.

  • A support zone ranging from 13.12 to 13.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @12.70 from a horizontal line in the weekly time frame.
  • A support zone ranging from 12.35 to 12.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @11.71 from a horizontal line in the daily time frame.
  • Support @11.50 from a horizontal line in the daily time frame.
  • A support zone ranging from 10.44 to 10.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @10.21 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 13.86 to 13.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.93
Mansfield-0.33
10 Day High14.21
10 Day Low12.31
20 Day High14.21
20 Day Low11.16
52 Week High23.99
52 Week Low10.11
Performance
1 Week-0.3%
2 Weeks2.52%
1 Month7.28%
3 Month-13.09%
6 Month23.03%
12 Month22.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)51.4
LBB12.72
UBB14.09
Leisure Acquisition Corp / LACQ Daily stock chart

Leisure Acquisition Corp

NASDAQ:LACQ (6/2/2021, 8:10:02 PM)

13.41

-0.5 (-3.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.59%
1 Week-0.3%
2 Weeks2.52%
1 Month7.28%
3 Month-13.09%
6 Month23.03%
12 Month22.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%5.68%
ATR Inc-2.34%
Range Today1.2
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
CRS21.93
Mansfield-0.33
10 Day High14.21
10 Day Low12.31
20 Day High14.21
20 Day Low11.16
52 Week High23.99
52 Week Low10.11
CS1 End13.32
CR1 Start13.86
Volume & EV
DER(3)-8.32%
DER(5)-6.1%
Volume4.20K
Volume Incr-40.88%
Vol(5)1.74K
Vol(50)2.51K