LEMAITRE VASCULAR INC (LMAT) Stock Technical Analysis
NASDAQ:LMAT - Nasdaq - US5255582018 - Common Stock - Currency: USD
Overall LMAT gets a technical rating of 1 out of 10. LMAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, LMAT is a bad performer in the overall market: 79% of all stocks are doing better.
LMAT is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, LMAT did better than 53% of them.
LMAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LMAT is lagging the market.
In the last month LMAT has a been trading in the 80.04 - 86.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
LMAT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 82.18, a Stop Loss order could be placed below this zone.
More info and screens
77.11
98.73
When analyzing the support we can see 2 important areas.
- Support @82.18 from a trend line in the daily time frame.
- A support zone ranging from 77.89 to 78.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 82.67 to 85.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 91.61 to 92.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @97.75 from a trend 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 | DOWN | NEGATIVE | The long term trend for LMAT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMAT is neutral. |
| ChartMill Relative Strength | 21.54 | NEGATIVE | LMAT has a low relative strength, it was outperformed by 78.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LMAT is below the rising 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) | 45.69 | NEUTRAL | The RSI value for LMAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LMAT has a negative trend. |
| Stochastics (14,3) | 41.19 | NEUTRAL | The Stochastics value for LMAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for LMAT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.73 | NEGATIVE | The low ADX value for LMAT 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)
82.23
-1.86 (-2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.21%
1 Week-2%
2 Weeks-0.99%
1 Month1.36%
3 Month-4.69%
6 Month-16.99%
12 Month-4.61%
2 Year30.05%
3 Year63.32%
5 Year180.36%
10 Year477.46%
15 Year1261.42%
Volatility
ATR(14)2.09
ATR(20)%2.56%
ATR Inc5.67%
Range Today2.88
ADR(20)2.08
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.54
Mansfield-1.47
10 Day High86.94
10 Day Low81.91
20 Day High86.94
20 Day Low80.04
52 Week High109.58
52 Week Low71.42
CS1 End82.18
CR1 Start82.67
Volume & EV
DER(3)-4.09%
DER(5)-2.43%
Volume135.00K
Volume Incr-35.4%
Vol(5)100.28K
Vol(50)175.72K