LMG Chemicals Corporation (LMG) appears to have made a higher high in the short-term. Price is above all moving averages with the 200 SMA acting as support. The 15 EMA, 20 SMA, and 50 SMA are pointing upwards as well with the 20 SMA about to do a bullish crossover with the 50 SMA. Volume profile supports a bullish stance as well. MACD appears to be neutral to bullish while RSI appears to be moving sideways as well. Support is estimated at 4.13 while resistance is expected at 4.45.
Majority of the volume was recorded at price 4.39 intraday. Majority of the trades were recorded at the same level. Current price is at 4.39. This means that 4.39 is a significant level and may act as either support or resistance intraday.
This intraday analysis is the free version of our premium Daily Stock Analysis service. Our premium analysis has these components:
- Technical Analysis
- Fundamental Analysis
- Volume Analysis
- Foreign Fund Flow Analysis
- Online Foreign Brokers Transaction Analysis
- Top 10 Players Analysis
- Price-Volume Distribution Analysis
- Risk Level Analysis
- Analyst’s Overall Sentiment
Click here to get your access or hover your cursor to our Products and Services menu and check all our services.