LARAMIDE RESOURCES (LAM.CA) Stock Technical Analysis
TSX:LAM - Toronto Stock Exchange - CA51669T1012 - Common Stock - Currency: CAD
Taking everything into account, LAM scores 0 out of 10 in our technical rating. LAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, LAM is a bad performer in the overall market: 89% of all stocks are doing better.
LAM is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 75% of 220 stocks in the same industry do better.
LAM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LAM is lagging the market.
In the last month LAM has a been trading in the 0.55 - 0.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, LAM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.59, a Stop Loss order could be placed below this zone.
More info and screens
0.49
0.81
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.58 from a horizontal line in the daily time frame.
- Support @0.57 from a horizontal line in the daily time frame.
- Support @0.49 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.78 from a horizontal line in the daily time frame.
- Resistance @0.80 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.58
Mansfield-2.07
10 Day High0.65
10 Day Low0.56
20 Day High0.69
20 Day Low0.55
52 Week High0.92
52 Week Low0.41
Performance
1 Week0%
2 Weeks-6.25%
1 Month-4.76%
3 Month-21.05%
6 Month15.38%
12 Month-32.58%
2 Year31.87%
3 Year-18.92%
5 Year185.71%
10 Year66.67%
15 Year-54.89%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)45.01
LBB0.56
UBB0.67
LARAMIDE RESOURCES
TSX:LAM (2/7/2025, 7:00:00 PM)
0.6
-0.01 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.64%
1 Week0%
2 Weeks-6.25%
1 Month-4.76%
3 Month-21.05%
6 Month15.38%
12 Month-32.58%
2 Year31.87%
3 Year-18.92%
5 Year185.71%
10 Year66.67%
15 Year-54.89%
Volatility
ATR(14)0.05
ATR(20)%7.25%
ATR Inc-17.65%
Range Today0.04
ADR(20)0.04
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.58
Mansfield-2.07
10 Day High0.65
10 Day Low0.56
20 Day High0.69
20 Day Low0.55
52 Week High0.92
52 Week Low0.41
CS1 End0.59
CR1 Start0.65
Volume & EV
DER(3)-20.45%
DER(5)-7.39%
Volume79.81K
Volume Incr-40.9%
Vol(5)127.86K
Vol(50)186.69K