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LARAMIDE RESOURCES (LAM.CA) Stock Technical Analysis

TSX:LAM - Toronto Stock Exchange - CA51669T1012 - Common Stock - Currency: CAD

0.69  +0.02 (+2.99%)

Technical Rating and Analysis

6

Taking everything into account, LAM scores 6 out of 10 in our technical rating. LAM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
LAM is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 85% of 214 stocks in the same industry.
In the last month LAM has a been trading in the 0.55 - 0.74 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, LAM outperforms 65% of them, which is more or less in line with the market.
LAM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
LARAMIDE RESOURCES / LAM Weekly stock chart
LARAMIDE RESOURCES / LAM Daily stock chart
Setup Rating and Analysis

3

LAM has an average technical rating and it also 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.

Support and Resistance Analysis

0.50

0.73

We found 5 important support areas.

  • Support @0.69 from a trend line in the weekly time frame.
  • Support @0.60 from a horizontal line in the weekly time frame.
  • Support @0.59 from a trend line in the daily time frame.
  • Support @0.56 from a trend line in the daily time frame.
  • Support @0.51 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 0.70 to 0.72. 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
CRS65
Mansfield0.35
10 Day High0.74
10 Day Low0.57
20 Day High0.74
20 Day Low0.55
52 Week High0.89
52 Week Low0.41
Performance
1 Week11.29%
2 Weeks15%
1 Month4.55%
3 Month15%
6 Month-9.21%
12 Month-6.76%
2 Year86.49%
3 Year21.05%
5 Year165.39%
10 Year176%
15 Year-24.18%
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)0.01
RSI(14)58.1
LBB0.55
UBB0.71
LARAMIDE RESOURCES / LAM Daily stock chart

LARAMIDE RESOURCES

TSX:LAM (5/2/2025, 7:00:00 PM)

0.69

+0.02 (+2.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.99%
1 Week11.29%
2 Weeks15%
1 Month4.55%
3 Month15%
6 Month-9.21%
12 Month-6.76%
2 Year86.49%
3 Year21.05%
5 Year165.39%
10 Year176%
15 Year-24.18%
Volatility
ATR(14)0.04
ATR(20)%7.25%
ATR Inc28.33%
Range Today0.02
ADR(20)0.04
ADR(20)%6.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65
Mansfield0.35
10 Day High0.74
10 Day Low0.57
20 Day High0.74
20 Day Low0.55
52 Week High0.89
52 Week Low0.41
CS1 End0.69
CR1 Start0.7
Volume & EV
DER(3)0.8%
DER(5)1.49%
Volume112.85K
Volume Incr-51.07%
Vol(5)204.84K
Vol(50)287.40K