LEADING EDGE MATERIALS CORP (LEM.CA) Stock Technical Analysis
Canada - TSX-V:LEM - CA52171T1003 - Common Stock
0.235 CAD
-0.01 (-4.08%)
Taking everything into account, LEM scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LEM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
LEM is part of the Metals & Mining industry. There are 807 other stocks in this industry. LEM outperforms 77% of them.
In the last month LEM has a been trading in the 0.17 - 0.26 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, LEM did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
LEM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LEM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LEM has an excellent technical rating, it 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.
More info and screens
0.17
0.24
We found 2 important support areas.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.17 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.24 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for LEM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LEM.CA is up. |
| ChartMill Relative Strength | 90.95 | POSITIVE | LEM.CA has a high relative strength, it outperformed 90.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.42 | NEUTRAL | The RSI value for LEM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LEM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.24 | OVERBOUGHT | The high Stochastics value suggests LEM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.62 | HIGH VOLATILITY | The high ATR as a percentage value for LEM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 42.73 | POSITIVE | The high ADX value value for LEM.CA suggests a strong 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-V:LEM (9/16/2025, 7:00:00 PM)
0.235
-0.01 (-4.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.08%
1 Week9.3%
2 Weeks23.68%
1 Month23.68%
3 Month34.29%
6 Month-18.97%
12 Month135%
2 Year74.07%
3 Year42.42%
5 Year23.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%8.62%
ATR Inc14.75%
Range Today0.03
ADR(20)0.02
ADR(20)%7.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.95
Mansfield3.77
10 Day High0.26
10 Day Low0.17
20 Day High0.26
20 Day Low0.17
52 Week High0.37
52 Week Low0.09
CS1 End0.18
CR1 Start0.24
Volume & EV
DER(3)0%
DER(5)0%
Volume76.15K
Volume Incr32.18%
Vol(5)69.69K
Vol(50)49.39K