JOURNEY MEDICAL CORP (DERM) Technical Analysis
NASDAQ:DERM • US48115J1097
Current stock price
DERM Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to DERM. DERM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than DERM.
- DERM is one of the lesser performing stocks in the Pharmaceuticals industry. 73% of 191 stocks in the same industry do better.
- DERM 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 DERM has a been trading in the 4.31 - 5.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DERM Weekly and Daily overview Charts
DERM Setup Rating and Analysis
DERM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.40. Right above this resistance zone may be a good entry point.
More info and screens
DERM Support and Resistance Analysis
4.52
We found 2 important support areas.
- A support zone ranging from 5.02 to 5.03. 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 4.57 to 4.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 5.40 to 5.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.48 from a horizontal line in the daily time frame.
- Resistance @7.77 from a trend line in the daily time frame.
- Resistance @8.17 from a trend line in the weekly time frame.
- Resistance @9.19 from a horizontal line in the daily time frame.
DERM 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 | DOWN | NEGATIVE | The long term trend for DERM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DERM is down. |
| ChartMill Relative Strength | 8.21 | NEGATIVE | DERM has a low relative strength, it was outperformed by 91.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DERM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DERM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DERM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.16 | NEUTRAL | The RSI value for DERM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests DERM has a positive trend. |
| Stochastics (14,3) | 44.56 | NEUTRAL | The Stochastics value for DERM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for DERM suggests high volalility. |
| Average Directional Index/ADX (14) | 34.08 | POSITIVE | The high ADX value value for DERM suggests a strong trend. |
DERM Chart- and CandleStick Pattern Analysis
DERM Technicals: Chart, Performance Metrics, Trend & Indicators
5.15
+0.02 (+0.39%)
JOURNEY MEDICAL CORP / DERM TA FAQ
What is the ChartMill technical rating of JOURNEY MEDICAL CORP (DERM) stock?
ChartMill assigns a technical rating of 1 / 10 to DERM.
What is the current trend direction of JOURNEY MEDICAL CORP (DERM) stock?
The current trend direction for JOURNEY MEDICAL CORP (DERM) is Bearish.
What is the RSI signal for JOURNEY MEDICAL CORP (DERM) stock?
JOURNEY MEDICAL CORP (DERM) has an RSI value of 40.1631. This indicates that the stock is currently neutral.
Can you provide the MACD signal for JOURNEY MEDICAL CORP?
The MACD indicator for JOURNEY MEDICAL CORP (DERM) has a value of 0.103607, indicating a bearish trend.
What is the short term momentum for DERM stock?
The short term momentum for JOURNEY MEDICAL CORP (DERM) is negative.