Canada - TSX Venture Exchange - TSX-V:LEM - CA52171T1003 - Common Stock
Taking everything into account, LEM scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, LEM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LEM in the last couple of days, which is a good sign.
0.22
When analyzing the support we can see 3 important areas.
We can see 2 important resistance areas.
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 LEM.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEM.CA is neutral. |
| ChartMill Relative Strength | 86.67 | POSITIVE | LEM.CA has a high relative strength, it outperformed 86.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LEM.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LEM.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.08 | NEUTRAL | The RSI value for LEM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LEM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.14 | NEUTRAL | The Stochastics value for LEM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for LEM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 7.52 | NEGATIVE | The low ADX value for LEM.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.27 | 0.24 | 0.03 (11.11%) | 9.00% |
| An entry @0.27. This is a Buy Stop order right above the resistance zone. | An exit @0.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 11.11%. | For a 1.00% total portfolio risk, you can invest 9.00% of your capital in this trade. |
TSX-V:LEM (1/9/2026, 7:00:00 PM)
0.25
0 (0%)
ChartMill assigns a technical rating of 6 / 10 to LEM.CA.
The current trend direction for LEADING EDGE MATERIALS CORP (LEM.CA) is Bullish.
LEADING EDGE MATERIALS CORP (LEM.CA) has an RSI value of 50.0794. This indicates that the stock is currently neutral.
The short term momentum for LEADING EDGE MATERIALS CORP (LEM.CA) is neutral.
LEADING EDGE MATERIALS CORP (LEM.CA) has a support level at 0.25 and a resistance level at 0.26. Check the full technical report for our detailed analysis of LEM.CA support and resistance levels.