LAURION MINERAL EXPLORATION (LME.CA) Stock Technical Analysis
TSX-V:LME - TSX Venture Exchange - CA5193221010 - Common Stock - Currency: CAD
Overall LME gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, LME is only an average performer.
The long and short term trends are both positive. This is looking good!
LME is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, LME turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
LME is part of the Metals & Mining industry. There are 808 other stocks in this industry, LME did better than 51% of them.
LME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LME is lagging the market.
Besides having an excellent technical rating, LME also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.42. Right above this resistance zone may be a good entry point.
More info and screens
0.41
0.43
We found 1 important support area.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.43 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 | UP | POSITIVE | The long term trend for LME.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LME.CA is up. |
| ChartMill Relative Strength | 61.06 | NEUTRAL | LME.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LME.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LME.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LME.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.85 | NEUTRAL | The RSI value for LME.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LME.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.35 | OVERBOUGHT | The high Stochastics value suggests LME.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for LME.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 56.3 | POSITIVE | The high ADX value value for LME.CA suggests a strong 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)
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 |
|---|---|---|---|
| 0.43 | 0.40 | 0.03 (6.98%) | 14.33% |
| An entry @0.43. This is a Buy Stop order right above the resistance zone. | An exit @0.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 6.98%. | When investing 14.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of LME. Please evaluate whether better entry and exit points can be found.
- 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.
TSX-V:LME (6/30/2025, 7:00:00 PM)
0.415
+0.01 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.22%
1 Week3.75%
2 Weeks3.75%
1 Month40.68%
3 Month18.57%
6 Month2.47%
12 Month7.79%
2 Year-3.49%
3 Year-60.85%
5 Year176.67%
10 Year1975%
15 Year591.67%
Volatility
ATR(14)0.02
ATR(20)%4.16%
ATR Inc-76.67%
Range Today0.01
ADR(20)0.01
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.06
Mansfield0.17
10 Day High0.43
10 Day Low0.39
20 Day High0.44
20 Day Low0.28
52 Week High0.48
52 Week Low0.28
CS1 End0.41
CR1 Start0.42
Volume & EV
DER(3)0%
DER(5)0%
Volume5.00K
Volume Incr-29.46%
Vol(5)89.73K
Vol(50)101.19K