LEMAITRE VASCULAR INC (LMAT) Technical Analysis
NASDAQ:LMAT • US5255582018
Current stock price
LMAT Technical Rating and Analysis
Overall LMAT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LMAT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- LMAT is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 89% of 187 stocks in the same industry.
- LMAT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month LMAT has a been trading in the 104.14 - 118.01 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, LMAT did better than 83% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
LMAT Weekly and Daily overview Charts
LMAT Setup Rating and Analysis
LMAT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
LMAT Support and Resistance Analysis
77.91
We found 3 important support areas.
- A support zone ranging from 104.75 to 106.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.75 from a horizontal line in the daily time frame.
- A support zone ranging from 78.70 to 79.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
LMAT Technical Indicator Signal Analysis
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 LMAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LMAT is up. |
| ChartMill Relative Strength | 83.67 | POSITIVE | LMAT has a high relative strength, it outperformed 83.67% 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) | 60.91 | NEUTRAL | The RSI value for LMAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests LMAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.46 | NEUTRAL | The Stochastics value for LMAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for LMAT suggests some volalility. |
| Average Directional Index/ADX (14) | 19 | NEGATIVE | The low ADX value for LMAT suggests a weak or negative trend. |
LMAT Chart- and CandleStick Pattern Analysis
LMAT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 118.02 | 107.83 | 10.19 (8.63%) | 11.58% |
| An entry @118.02. This is a Buy Stop order right above the 10 day high. | An exit @107.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.19 points, which is 8.63%. | For a 1.00% total portfolio risk, you can invest 11.58% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LMAT Technicals: Chart, Performance Metrics, Trend & Indicators
115
+0.64 (+0.56%)
LEMAITRE VASCULAR INC / LMAT TA FAQ
What is the ChartMill technical rating of LEMAITRE VASCULAR INC (LMAT) stock?
ChartMill assigns a technical rating of 9 / 10 to LMAT.
What is the current trend direction of LEMAITRE VASCULAR INC (LMAT) stock?
The current trend direction for LEMAITRE VASCULAR INC (LMAT) is Bullish.
Can you provide the RSI signal for LEMAITRE VASCULAR INC?
LEMAITRE VASCULAR INC (LMAT) has an RSI value of 60.9089. This indicates that the stock is currently neutral.
What is the MACD signal for LEMAITRE VASCULAR INC (LMAT) stock?
The MACD indicator for LEMAITRE VASCULAR INC (LMAT) has a value of -0.114985, indicating a bearish trend.
What is the buy/sell signal for LMAT stock?
The buy/sell signal for LEMAITRE VASCULAR INC (LMAT) is buy as both the short term and long term trends are positive.