LARAMIDE RESOURCES (LAM.CA) Stock Technical Analysis
TSX:LAM - Toronto Stock Exchange - CA51669T1012 - Common Stock - Currency: CAD
Taking everything into account, LAM scores 0 out of 10 in our technical rating. LAM'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.
88% of all other stocks performed better in the past year than LAM.
LAM is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, of which 75% are performing better than LAM.
In the last month LAM has a been trading in the 0.59 - 0.75 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
LAM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LAM is lagging the market.
The technical rating of LAM is bad and it also does not present a 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
0.51
0.76
When analyzing the support we can see 3 important areas.
- Support @0.59 from a trend line in the daily time frame.
- Support @0.56 from a horizontal line in the weekly time frame.
- Support @0.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @0.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.63 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.67 from a horizontal line in the weekly time frame.
- Resistance @0.69 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.72 to 0.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.75 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for LAM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LAM.CA is down. |
| ChartMill Relative Strength | 12.14 | NEGATIVE | LAM.CA has a low relative strength, it was outperformed by 87.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LAM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LAM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LAM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.75 | NEUTRAL | The RSI value for LAM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LAM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.88 | OVERSOLD | The low Stochastics value suggests LAM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.96 | HIGH VOLATILITY | The high ATR as a percentage value for LAM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.02 | NEGATIVE | The low ADX value for LAM.CA suggests a weak or negative trend. |
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)
TSX:LAM (7/11/2025, 7:00:00 PM)
0.6
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-3.23%
2 Weeks-4.76%
1 Month-4.76%
3 Month-7.69%
6 Month-4.76%
12 Month-23.08%
2 Year33.33%
3 Year15.38%
5 Year122.22%
10 Year160.87%
15 Year-46.9%
Volatility
ATR(14)0.03
ATR(20)%5.96%
ATR Inc-1.18%
Range Today0.03
ADR(20)0.03
ADR(20)%5.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.14
Mansfield-1.23
10 Day High0.66
10 Day Low0.59
20 Day High0.75
20 Day Low0.59
52 Week High0.83
52 Week Low0.41
CS1 End0.59
CR1 Start0.6
Volume & EV
DER(3)0%
DER(5)0%
Volume160.76K
Volume Incr-37.93%
Vol(5)180.00K
Vol(50)225.51K