CORMEDIX INC (CRMD)

US21900C3088 - Common Stock

5.84  +0.47 (+8.75%)

After market: 5.83 -0.01 (-0.17%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to CRMD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRMD is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
CRMD is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 84% of 198 stocks in the same industry.
CRMD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CRMD is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that CRMD is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month CRMD has a been trading in the 4.65 - 7.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CRMD Weekly chart
CRMD Daily chart
Setup Rating and Analysis

3

Although CRMD has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

2.97

5.91

We found 6 important support areas.

  • Support @5.80 from a trend line in the weekly time frame.
  • Support @5.18 from a horizontal line in the daily time frame.
  • Support @4.19 from a trend line in the daily time frame.
  • Support @3.19 from a trend line in the weekly time frame.
  • Support @3.07 from a trend line in the weekly time frame.
  • Support @3.00 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @5.85 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.36
Mansfield3.01
10 Day High5.92
10 Day Low5
20 Day High7
20 Day Low4.65
52 Week High7
52 Week Low2.57
Performance
1 Week9.98%
2 Weeks10.61%
1 Month23.99%
3 Month88.39%
6 Month67.34%
12 Month17.98%
2 Year80.25%
3 Year-19.23%
5 Year-9.03%
10 Year-22.13%
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)-0.03
RSI(14)66.17
LBB5.08
UBB5.69
CRMD Daily chart

CORMEDIX INC

NASDAQ:CRMD (5/3/2024, 7:00:01 PM)

After market: 5.83 -0.01 (-0.17%)

5.84

+0.47 (+8.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg8.75%
1 Week9.98%
2 Weeks10.61%
1 Month23.99%
3 Month88.39%
6 Month67.34%
12 Month17.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.38
ATR(20)%8.39%
ATR Inc
Range Today0.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.92
10 Day Low5
20 Day High7
20 Day Low4.65
52 Week High7
52 Week Low2.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.03M
Volume Incr-26.34%
Vol(5)659.04K
Vol(50)672.42K