CHIMERIX INC (CMRX) Technical Analysis
NASDAQ:CMRX • US16934W1062
Current stock price
CMRX Technical Rating and Analysis
Overall CMRX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CMRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CMRX is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, CMRX also shows a nice and consistent pattern of rising prices.
- CMRX is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 516 stocks in the same industry.
- A new 52 week high is currently being made by CMRX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- CMRX has an average volume of 4708050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CMRX has a been trading in a tight range between 8.46 and 8.55.
- Considerably lower volume is observed in the last couple of days.
CMRX Weekly and Daily overview Charts
CMRX Setup Rating and Analysis
Besides having an excellent technical rating, CMRX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.53, a Stop Loss order could be placed below this zone.
More info and screens
CMRX Support and Resistance Analysis
5.77
3 important support areas can be observed.
- A support zone ranging from 8.50 to 8.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.13 to 7.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.83 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.55 to 8.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
CMRX Technical Indicator Signal Analysis
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 CMRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CMRX is up. |
| ChartMill Relative Strength | 99.89 | POSITIVE | CMRX has a high relative strength, it outperformed 99.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CMRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CMRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CMRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.86 | OVERBOUGHT | The high RSI value suggests CMRX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests CMRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.3 | OVERBOUGHT | The high Stochastics value suggests CMRX may be overbought. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for CMRX suggests low volalility. |
| Average Directional Index/ADX (14) | 75.22 | POSITIVE | The high ADX value value for CMRX suggests a strong trend. |
CMRX Chart- and CandleStick Pattern Analysis
CMRX Example Setup
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 |
|---|---|---|---|
| 8.57 | 8.49 | 0.08 (0.93%) | 25.00% |
| An entry @8.57. This is a Buy Stop order right above the resistance zone. | An exit @8.49. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.08 points, which is 0.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- 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.
CMRX Technicals: Chart, Performance Metrics, Trend & Indicators
8.54
-0.01 (-0.12%)
CHIMERIX INC / CMRX TA FAQ
Can you provide the ChartMill technical rating for CHIMERIX INC?
ChartMill assigns a technical rating of 10 / 10 to CMRX.
What is the current trend direction of CHIMERIX INC (CMRX) stock?
The current trend direction for CHIMERIX INC (CMRX) is Bullish.
Can you provide the RSI signal for CHIMERIX INC?
CHIMERIX INC (CMRX) has an RSI value of 80.8552. This indicates that the stock is currently overbought.
What is the buy/sell signal for CMRX stock?
The buy/sell signal for CHIMERIX INC (CMRX) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CMRX stock?
CHIMERIX INC (CMRX) has a support level at 8.53 and a resistance level at 8.55. Check the full technical report for our detailed analysis of CMRX support and resistance levels.