CRH Medical Corp (CRHM) Technical Analysis
NYSEARCA:CRHM
Current stock price
CRHM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CRHM. Both in the recent history as in the last year, CRHM 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, CRHM did better than 87% of all other stocks.
- CRHM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CRHM is leading the market.
- In the last month CRHM has a been trading in a tight range between 3.92 and 4.01.
- Volume is considerably higher in the last couple of days.
CRHM Weekly and Daily overview Charts
CRHM Setup Rating and Analysis
Besides having an excellent technical rating, CRHM 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 4.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.98, a Stop Loss order could be placed below this zone.
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CRHM Support and Resistance Analysis
2.24
We found 5 important support areas.
- A support zone ranging from 3.92 to 3.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.84 to 3.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.40 from a trend line in the weekly time frame.
- Support @2.33 from a horizontal line in the daily time frame.
- A support zone ranging from 2.26 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.00 to 4.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
CRHM 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 CRHM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRHM is up. |
| ChartMill Relative Strength | 87.83 | POSITIVE | CRHM has a high relative strength, it outperformed 87.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRHM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRHM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRHM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.15 | OVERBOUGHT | The high RSI value suggests CRHM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CRHM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for CRHM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for CRHM suggests low volalility. |
CRHM Chart- and CandleStick Pattern Analysis
CRHM 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 |
|---|---|---|---|
| 4.01 | 3.94 | 0.07 (1.75%) | 25.00% |
| An entry @4.01. This is a Buy Stop order right above the resistance zone. | An exit @3.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 1.75%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- 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.
CRHM Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:CRHM (4/22/2021, 8:04:02 PM)
3.99
0 (0%)
CRH Medical Corp / CRHM TA FAQ
What is the technical rating for CRHM stock?
ChartMill assigns a technical rating of 9 / 10 to CRHM.
What is the current trend direction of CRH Medical Corp (CRHM) stock?
The current trend direction for CRH Medical Corp (CRHM) is Bullish.
What is the RSI signal for CRH Medical Corp (CRHM) stock?
CRH Medical Corp (CRHM) has an RSI value of 72.1466. This indicates that the stock is currently overbought.
What is the MACD signal for CRH Medical Corp (CRHM) stock?
The MACD indicator for CRH Medical Corp (CRHM) has a value of -0.0134587, indicating a bearish trend.
What is the support and resistance level for CRHM stock?
CRH Medical Corp (CRHM) has a support level at 3.98 and a resistance level at 4. Check the full technical report for our detailed analysis of CRHM support and resistance levels.