11.62 USD
+0.36 (+3.2%)
11.45 USD
-0.17 (-1.46%)
We assign a technical rating of 6 out of 10 to CRMD. CRMD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CRMD has an average volume of 2743120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CRMD is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
CRMD is an average performer in the Pharmaceuticals industry, it outperforms 60% of 191 stocks in the same industry.
CRMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRMD is lagging the market.
In the last month CRMD has a been trading in the 9.20 - 12.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CRMD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.94
14.71
3 important support areas can be observed.
- Support @10.03 from a trend line in the weekly time frame.
- Support @9.60 from a trend line in the daily time frame.
- Support @8.02 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 11.63 to 11.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.85 from a horizontal line in the daily time frame.
- Resistance @12.31 from a trend line in the daily time frame.
- Resistance @14.56 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for CRMD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRMD is up. |
| ChartMill Relative Strength | 80.11 | POSITIVE | CRMD has a high relative strength, it outperformed 80.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CRMD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.01 | NEUTRAL | The RSI value for CRMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests CRMD has a positive trend. |
| Stochastics (14,3) | 83.25 | OVERBOUGHT | The high Stochastics value suggests CRMD may be overbought. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for CRMD suggests high volalility. |
| Average Directional Index/ADX (14) | 14.02 | NEGATIVE | The low ADX value for CRMD suggests a weak or negative 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)
11.62
+0.36 (+3.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.2%
1 Week18.81%
2 Weeks18.33%
1 Month4.87%
3 Month-10.2%
6 Month-20.19%
12 Month38.66%
2 Year209.04%
3 Year175.36%
5 Year56.39%
10 Year14.48%
15 Year27.69%
Volatility
ATR(14)0.51
ATR(20)%5.67%
ATR Inc69.58%
Range Today1.01
ADR(20)0.65
ADR(20)%5.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.11
3 months CRS20.96
6 months CRS12.72
Mansfield-0.41
10 Day High12.1
10 Day Low9.2
20 Day High12.89
20 Day Low9.2
52 Week High17.43
52 Week Low5.6
CS1 End10.03
CR1 Start11.63
Volume & EV
DER(3)4.74%
DER(5)4.33%
Volume5.82M
Volume Incr-3.13%
Vol(5)3.00M
Vol(50)2.74M
CORMEDIX INC / CRMD FAQ
What is the technical rating for CRMD stock?
ChartMill assigns a technical rating of 6 / 10 to CRMD.
What is the current trend direction of CORMEDIX INC (CRMD) stock?
The current trend direction for CORMEDIX INC (CRMD) is Bearish.
Can you provide the RSI signal for CORMEDIX INC?
CORMEDIX INC (CRMD) has an RSI value of 64.0128. This indicates that the stock is currently neutral.
What is the short term momentum for CRMD stock?
The short term momentum for CORMEDIX INC (CRMD) is positive.