LUMINE GROUP INC (LMN.CA) Stock Technical Analysis
TSX-V:LMN - TSX Venture Exchange - CA55027C1068 - Common Stock - Currency: CAD
Overall LMN gets a technical rating of 6 out of 10. LMN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
LMN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 45.61, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LMN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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37.00
We found 5 important support areas.
- A support zone ranging from 44.55 to 45.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.03 from a trend line in the daily time frame.
- Support @41.12 from a trend line in the weekly time frame.
- Support @39.46 from a trend line in the daily time frame.
- Support @37.37 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.46 to 46.88. This zone is formed by a combination of multiple trend lines and important moving averages 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 LMN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LMN.CA is neutral. |
| ChartMill Relative Strength | 79.32 | POSITIVE | LMN.CA has a high relative strength, it outperformed 79.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LMN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LMN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LMN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.21 | NEUTRAL | The RSI value for LMN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests LMN.CA has a negative trend. |
| Stochastics (14,3) | 25.41 | NEUTRAL | The Stochastics value for LMN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for LMN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.62 | NEUTRAL | The ADX value for LMN.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 46.89 | 45.09 | 1.80 (3.84%) | 25.00% |
| An entry @46.89. This is a Buy Stop order right above the resistance zone. | An exit @45.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.80 points, which is 3.84%. | For a 0.96% total portfolio risk, you can invest 25.00% 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.
TSX-V:LMN (6/13/2025, 7:00:00 PM)
45.62
-0.29 (-0.63%)