CORMEDIX INC (CRMD) Stock Technical Analysis
NASDAQ:CRMD - Nasdaq - US21900C3088 - Common Stock - Currency: USD
Taking everything into account, CRMD scores 5 out of 10 in our technical rating. In the past year, CRMD was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CRMD is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. CRMD outperforms 89% of them.
In the last month CRMD has a been trading in the 5.60 - 9.26 range, which is quite wide. It is currently trading near the high of this range.
CRMD has an average volume of 1585310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CRMD did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CRMD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CRMD has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.82
11.87
4 important support areas can be observed.
- A support zone ranging from 6.09 to 6.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.89 from a trend line in the daily time frame.
- Support @4.83 from a trend line in the weekly time frame.
- Support @3.86 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.20 to 9.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.78 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.74 to 11.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.4
Mansfield1.95
10 Day High9.26
10 Day Low7.08
20 Day High9.26
20 Day Low5.6
52 Week High13.85
52 Week Low3.61
Performance
1 Week8.76%
2 Weeks24.19%
1 Month51.4%
3 Month-10.52%
6 Month-8.01%
12 Month57.36%
2 Year86.03%
3 Year167.15%
5 Year121.45%
10 Year-75.49%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.32
RSI(14)62.94
LBB6.43
UBB9.88
9.19
+0.07 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.77%
1 Week8.76%
2 Weeks24.19%
1 Month51.4%
3 Month-10.52%
6 Month-8.01%
12 Month57.36%
2 Year86.03%
3 Year167.15%
5 Year121.45%
10 Year-75.49%
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%5.45%
ATR Inc-52.59%
Range Today0.27
ADR(20)0.46
ADR(20)%5.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.4
Mansfield1.95
10 Day High9.26
10 Day Low7.08
20 Day High9.26
20 Day Low5.6
52 Week High13.85
52 Week Low3.61
CS1 End6.1
CR1 Start9.2
Volume & EV
DER(3)-2.92%
DER(5)0.1%
Volume1.17M
Volume Incr-41.31%
Vol(5)1.03M
Vol(50)1.59M