JOURNEY MEDICAL CORP (DERM) Stock Technical Analysis
NASDAQ:DERM - Nasdaq - US48115J1097 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to DERM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DERM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DERM is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by DERM over the past year are nicely spread over this period.
DERM is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 94% of 198 stocks in the same industry.
DERM 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 DERM is performing more or less in line with the market.
In the last month DERM has a been trading in the 5.87 - 8.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DERM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.77
7.67
When analyzing the support we can see 3 important areas.
- Support @6.17 from a trend line in the daily time frame.
- A support zone ranging from 5.90 to 6.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.44 to 7.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for DERM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DERM is up. |
| ChartMill Relative Strength | 96.93 | POSITIVE | DERM has a high relative strength, it outperformed 96.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DERM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DERM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DERM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.04 | NEUTRAL | The RSI value for DERM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DERM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.05 | NEUTRAL | The Stochastics value for DERM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.23 | HIGH VOLATILITY | The high ATR as a percentage value for DERM suggests high volalility. |
| Average Directional Index/ADX (14) | 17.39 | NEGATIVE | The low ADX value for DERM 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)
7
+0.18 (+2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.64%
1 Week0.94%
2 Weeks1.74%
1 Month-6.29%
3 Month34.87%
6 Month30.35%
12 Month94.44%
2 Year485.77%
3 Year80.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%8.23%
ATR Inc-50.34%
Range Today0.36
ADR(20)0.56
ADR(20)%8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.93
Mansfield2.65
10 Day High8.24
10 Day Low5.87
20 Day High8.24
20 Day Low5.87
52 Week High8.24
52 Week Low3.46
CS1 End6.17
CR1 Start7.44
Volume & EV
DER(3)-1.43%
DER(5)-3.99%
Volume64.60K
Volume Incr-12.51%
Vol(5)89.60K
Vol(50)95.34K