Taking everything into account, LMAT scores 0 out of 10 in our technical rating. LMAT'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.
LMAT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 83.84, a Stop Loss order could be placed below this zone.
More info and screens
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We found 3 important support areas.
- A support zone ranging from 82.58 to 83.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @81.01 from a horizontal line in the daily time frame.
- A support zone ranging from 77.89 to 78.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 84.19 to 84.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 86.07 to 86.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 88.04 to 90.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @97.20 from a trend line in the weekly time frame.
- Resistance @99.54 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 | DOWN | NEGATIVE | The long term trend for LMAT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LMAT is down. |
| ChartMill Relative Strength | 19.62 | NEGATIVE | LMAT has a low relative strength, it was outperformed by 80.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LMAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LMAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.2 | NEUTRAL | The RSI value for LMAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LMAT has a positive trend. |
| Stochastics (14,3) | 26.5 | NEUTRAL | The Stochastics value for LMAT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for LMAT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for LMAT suggests a possible start of a new trend. |
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+0.64 (+0.77%)
LEMAITRE VASCULAR INC / LMAT FAQ
What is the ChartMill technical rating of LEMAITRE VASCULAR INC (LMAT) stock?
ChartMill assigns a technical rating of 0 / 10 to LMAT.
Can you provide the trend direction for LEMAITRE VASCULAR INC?
The current trend direction for LEMAITRE VASCULAR INC (LMAT) is Bearish.
What is the RSI signal for LEMAITRE VASCULAR INC (LMAT) stock?
LEMAITRE VASCULAR INC (LMAT) has an RSI value of 45.1976. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LEMAITRE VASCULAR INC?
The MACD indicator for LEMAITRE VASCULAR INC (LMAT) has a value of 0.0299223, indicating a bearish trend.
What are the support and resistance levels for LEMAITRE VASCULAR INC (LMAT) stock?
LEMAITRE VASCULAR INC (LMAT) has a support level at 83.84 and a resistance level at 84.19. Check the full technical report for our detailed analysis of LMAT support and resistance levels.