LIGHTJUMP ACQUISITION CORP (LJAQ) Stock Technical Analysis
NASDAQ:LJAQ - Nasdaq - US53228M1062 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to LJAQ. LJAQ has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
LJAQ 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.
In the last month LJAQ has a been trading in the 8.00 - 42.25 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that LJAQ is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although LJAQ has an excellent technical rating, the quality of the presented setup is not ideal 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
9.74
12.22
When analyzing the support we can see 2 important areas.
- Support @10.10 from a horizontal line in the daily time frame.
- A support zone ranging from 9.84 to 9.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.39
Mansfield3.1
10 Day High42.25
10 Day Low8
20 Day High42.25
20 Day Low8
52 Week High42.25
52 Week Low8
Performance
1 Week27.91%
2 Weeks18.87%
1 Month19.45%
3 Month20.52%
6 Month21.73%
12 Month22.72%
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)0.24
RSI(14)54.03
LBB6.32
UBB15.71
12.1
+0.9 (+8.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg8.04%
1 Week27.91%
2 Weeks18.87%
1 Month19.45%
3 Month20.52%
6 Month21.73%
12 Month22.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.65
ATR(20)%26.98%
ATR Inc20.89%
Range Today6.9
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
CRS93.39
Mansfield3.1
10 Day High42.25
10 Day Low8
20 Day High42.25
20 Day Low8
52 Week High42.25
52 Week Low8
CS1 End10.1
CR1 StartN/A
Volume & EV
DER(3)-1.16%
DER(5)0.42%
Volume311.10K
Volume Incr2038.51%
Vol(5)360.36K
Vol(50)55.58K