CHIMERIX INC (CMRX) Stock Technical Analysis
NASDAQ:CMRX - Nasdaq - US16934W1062 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CMRX. 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!
Looking at the yearly performance, CMRX did better than 99% of all other stocks. We also observe that the gains produced by CMRX over the past year are nicely spread over this period.
CMRX is one of the better performing stocks in the Biotechnology industry, it outperforms 99% of 561 stocks in the same industry.
CMRX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CMRX is leading the market.
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 has an excellent technical rating and 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
5.77
8.65
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.
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. |
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)
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.
8.54
-0.01 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.12%
1 Week0.12%
2 Weeks0.12%
1 Month0.83%
3 Month140.56%
6 Month869.35%
12 Month865.63%
2 Year636.21%
3 Year94.09%
5 Year271.3%
10 Year-74.88%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.3%
ATR Inc-40%
Range Today0.01
ADR(20)0.02
ADR(20)%0.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.89
Mansfield24.99
10 Day High8.55
10 Day Low8.46
20 Day High8.55
20 Day Low8.46
52 Week High8.55
52 Week Low0.75
CS1 End8.53
CR1 Start8.55
Volume & EV
DER(3)-0.86%
DER(5)0.8%
Volume755.50K
Volume Incr-27.65%
Vol(5)1.48M
Vol(50)4.71M