Taking everything into account, CRMD scores 0 out of 10 in our technical rating. CRMD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 93% of all other stocks performed better in the past year than CRMD.
- CRMD is one of the lesser performing stocks in the Pharmaceuticals industry. 74% of 191 stocks in the same industry do better.
- CRMD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CRMD has a been trading in the 6.55 - 13.02 range, which is quite wide. It is currently trading near the lows of this range.
- CRMD has an average volume of 3496920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of CRMD is bad and it also does not present a 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
6.70
When analyzing the support we notice one important area.
- A support zone ranging from 6.77 to 6.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @11.99 from a trend line in the weekly time frame.
- Resistance @12.32 from a trend line in the daily time frame.
- Resistance @13.09 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for CRMD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRMD is down. |
| ChartMill Relative Strength | 7.31 | NEGATIVE | CRMD has a low relative strength, it was outperformed by 92.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CRMD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 24 | OVERSOLD | The low RSI value suggests CRMD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests CRMD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.35 | OVERSOLD | The low Stochastics value suggests CRMD may be oversold. |
| Average True Range in percent/ATR (20) | 10.23 | HIGH VOLATILITY | The high ATR as a percentage value for CRMD suggests high volalility. |
| Average Directional Index/ADX (14) | 39.13 | POSITIVE | The high ADX value value for CRMD suggests a strong trend. |
NASDAQ:CRMD (1/21/2026, 9:56:07 AM)
6.89
+0.01 (+0.15%)
CORMEDIX INC / CRMD FAQ
What is the technical rating for CRMD stock?
ChartMill assigns a technical rating of 0 / 10 to CRMD.
What is the trend direction for 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 24.0006. This indicates that the stock is currently oversold.
Can you provide the short term momentum for CORMEDIX INC?
The short term momentum for CORMEDIX INC (CRMD) is negative.
What are the support and resistance levels for CORMEDIX INC (CRMD) stock?
CORMEDIX INC (CRMD) has a support level at 6.77 and a resistance level at 11.99. Check the full technical report for our detailed analysis of CRMD support and resistance levels.