Question 1

What does the Stochastic Oscillator suggest about LMAT's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 2

How did LMAT's Momentum indicator behave recently?

Accepted Answer

LMAT saw its Momentum Indicator move above the 0 level on August 19, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned positive. In 75 of the 91 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What is the significance of the 50-day moving average indicator for LMAT?

Accepted Answer

LMAT moved above its 50-day moving average on August 15, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 4

What is the significance of the 10-day moving average indicator for LMAT?

Accepted Answer

The 10-day moving average for LMAT crossed bearishly below the 50-day moving average on August 14, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 8 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 5

What does a 3-day price advance indicate for LMAT?

Accepted Answer

Following a +2.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where LMAT advanced for three days, in 247 of 335 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for LMAT's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LMAT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

What does LMAT breaking above its upper Bollinger Band indicate?

Accepted Answer

LMAT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on LMAT's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 232 of 303 cases where LMAT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

LMAT Stock LeMaitre Vascular (LMAT, $80.43) entered Uptrend as Momentum indicator ascends above 0 level on Jun 05, 2024

Momentum Indicator for LMAT turns positive, indicating new upward trend

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