LEMAITRE VASCULAR INC (LMAT) Stock Technical Analysis
NASDAQ:LMAT - Nasdaq - US5255582018 - Common Stock - Currency: USD
Taking everything into account, LMAT scores 1 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, LMAT is a bad performer in the overall market: 62% of all stocks are doing better.
LMAT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LMAT is lagging the market.
In the last month LMAT has a been trading in the 78.35 - 85.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
LMAT is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, LMAT did better than 66% of them.
Although the technical rating is bad, LMAT does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
77.11
106.56
When analyzing the support we can see 2 important areas.
- Support @81.46 from a trend line in the weekly 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.
6 important resistance areas can be observed.
- A resistance zone ranging from 81.99 to 84.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @86.34 from a horizontal line in the daily time frame.
- Resistance @88.52 from a trend line in the weekly time frame.
- 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 @98.86 from a trend line in the daily time frame.
- Resistance @105.50 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for LMAT is down. |
| ChartMill Relative Strength | 38.14 | NEUTRAL | LMAT is not amongst the best or worst performers 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) | UP | MIXED | The current price of LMAT is below the rising 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) | 46.79 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 39.47 | NEUTRAL | The Stochastics value for LMAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for LMAT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.57 | 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)
81.69
+0.68 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.84%
1 Week-1.74%
2 Weeks-1.04%
1 Month-3.61%
3 Month-2.16%
6 Month-11.32%
12 Month0.23%
2 Year21.42%
3 Year79.34%
5 Year209.43%
10 Year577.36%
15 Year1358.75%
Volatility
ATR(14)2.03
ATR(20)%2.7%
ATR Inc-0.28%
Range Today2.26
ADR(20)2.16
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.14
Mansfield-1.26
10 Day High85
10 Day Low80.04
20 Day High85
20 Day Low78.35
52 Week High109.58
52 Week Low71.42
CS1 End81.46
CR1 Start81.99
Volume & EV
DER(3)1.22%
DER(5)0.89%
Volume158.40K
Volume Incr-4.27%
Vol(5)160.04K
Vol(50)184.49K