RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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LeMaitre Vascular stock downgraded to Hold/Accumulate
(Updated on Feb 26, 2024)


Buy or Hold candidate since Jan 08, 2024 Gain 10.38% PDF
The LeMaitre Vascular stock price fell by -0.82% on the last day (Monday, 26th Feb 2024) from $62.19 to $61.68. During the last trading day the stock fluctuated 2.93% from a day low at $61.09 to a day high of $62.88. The price has been going up and down for this period, and there has been a 0.33% gain for the last 2 weeks. Volume has increased on the last day by 66 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 149 thousand shares were bought and sold for approximately $9.18 million.

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The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 15.85% during the next 3 months and, with a 90% probability hold a price between $68.15 and $73.29 at the end of this 3-month period.

LMAT Signals & Forecast

The LeMaitre Vascular stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $61.99. On a fall, the stock will find some support from the long-term average at approximately $58.80. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, February 16, 2024, and so far it has fallen -1.39%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Support, Risk & Stop-loss for LeMaitre Vascular stock

On the downside, the stock finds support just below today's level from accumulated volume at $55.59 and $54.65. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, LeMaitre Vascular finds support just below today's level at $55.59. If this is broken, then the next support from accumulated volume will be at $54.65 and $54.62.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.79 between high and low, or 2.93%. For the last week, the stock has had daily average volatility of 2.86%.

Our recommended stop-loss: $59.71 (-3.20%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (LMAT) For The Upcoming Trading Day Of Tuesday 27th

For the upcoming trading day on Tuesday, 27th we expect LeMaitre Vascular to open at $61.88, and during the day (based on 14 day Average True Range), to move between $59.87 and $63.49, which gives a possible trading interval of +/-$1.81 (+/-2.93%) up or down from last closing price. If LeMaitre Vascular takes out the full calculated possible swing range there will be an estimated 5.86% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $62.08 (0.65%) than the support at $55.59 (9.87%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is LeMaitre Vascular stock A Buy?

LeMaitre Vascular holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.084 Open Broker Account

Hold/Accumulate Downgraded

Predicted Opening Price for LeMaitre Vascular of Tuesday, February 27, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 27, 2024 Current price
$61.88 ( 0.330%) $61.68

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 63.67 3.23 %
R2 62.99 2.12 %
R1 62.57 1.44 %
Current price: 61.68
Support S1 61.20 -0.779 %
S2 60.78 -1.46 %
S3 60.09 -2.57 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 62.49 1.31 %
R2 62.22 0.88 %
R1 62.08 0.649 %
Current price 61.68
Support S1 55.59 -9.87%
S2 54.65 -11.40%
S3 54.62 -11.45%
What is the symbol for LeMaitre Vascular Stock and on which exchange is it traded?
The symbol for LeMaitre Vascular is LMAT and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell LeMaitre Vascular Stock?
LeMaitre Vascular holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy LeMaitre Vascular Stock?
LeMaitre Vascular Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy LeMaitre Vascular Stock.

What's the current price of LeMaitre Vascular Stock?
As of the end of day on the 2024-02-26, the price of an LeMaitre Vascular (LMAT) share was $61.68.

What is the 52-week high and low for LeMaitre Vascular Stock?
The 52-week high for LeMaitre Vascular Stock is $68.67 and the 52-week low is $44.27.

What is the market capitalization of LeMaitre Vascular Stock?
As of the 2024-02-26, the market capitalization of LeMaitre Vascular is 1.385B.

When is the next earnings date for LeMaitre Vascular?
The upcoming earnings date for LeMaitre Vascular is Feb 27, 2024.

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About LeMaitre Vascular

LeMaitre Vascular LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. It offers angioscope, a fiberoptic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters that temporarily occlude the blood flow; perfusion catheters to perfuse the blood and other fluids into the vas... LMAT Profile

LMAT Dividend Data

1.01%

Dividend Yield (TTM)
Payout Ratio (TTM) 0
Frequency Quarterly
Amount Per Share $0.140
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