NASDAQ:LMAT • US5255582018
Overall LMAT gets a technical rating of 8 out of 10. LMAT has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although LMAT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
77.91
We found 4 important support 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 | NEUTRAL | NEUTRAL | The long term trend for LMAT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LMAT is up. |
| ChartMill Relative Strength | 84.89 | POSITIVE | LMAT has a high relative strength, it outperformed 84.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LMAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LMAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LMAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.98 | OVERBOUGHT | The high RSI value suggests LMAT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.69 | POSITIVE | The MACD value suggests LMAT has a positive trend. |
| Stochastics (14,3) | 80.91 | OVERBOUGHT | The high Stochastics value suggests LMAT may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for LMAT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.96 | NEUTRAL | The ADX value for LMAT suggests a possible start of a new trend. |
113.69
+22.31 (+24.41%)
ChartMill assigns a technical rating of 8 / 10 to LMAT.
The current trend direction for LEMAITRE VASCULAR INC (LMAT) is Bearish.
LEMAITRE VASCULAR INC (LMAT) has an RSI value of 85.983. This indicates that the stock is currently overbought.
The short term momentum for LEMAITRE VASCULAR INC (LMAT) is positive.
LEMAITRE VASCULAR INC (LMAT) has a support level at 87.75. Check the full technical report for our detailed analysis of LMAT support and resistance levels.