IRADIMED CORP (IRMD)

US46266A1097 - Common Stock

41.86  +0.39 (+0.94%)

After market: 41.86 0 (0%)

Technical Rating and Analysis

0

Overall IRMD gets a technical rating of 0 out of 10. IRMD 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
61% of all other stocks performed better in the past year than IRMD.
IRMD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 70% of 192 stocks in the same industry.
In the last month IRMD has a been trading in the 40.18 - 44.35 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
IRMD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IRMD is lagging the market slightly.
Weekly and Daily overview Charts
IRMD Weekly chart
IRMD Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, IRMD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 41.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.71, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

37.78

48.90

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 41.38 to 41.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @40.50 from a trend line in the daily time frame.
  • Support @39.57 from a horizontal line in the daily time frame.
  • Support @38.16 from a horizontal line in the weekly time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 41.97 to 42.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 45.05 to 45.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 47.47 to 47.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @48.42 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
CRS39.35
Mansfield-1.57
10 Day High43.14
10 Day Low40.18
20 Day High44.35
20 Day Low40.18
52 Week High51.04
52 Week Low36.12
Performance
1 Week2.1%
2 Weeks1.38%
1 Month-4.84%
3 Month-2.92%
6 Month1.55%
12 Month0.55%
2 Year27.2%
3 Year51.17%
5 Year67.37%
10 YearN/A
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)0.13
RSI(14)48.48
LBB40.16
UBB42.72
IRMD Daily chart

IRADIMED CORP

NASDAQ:IRMD (4/26/2024, 7:00:02 PM)

After market: 41.86 0 (0%)

41.86

+0.39 (+0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.94%
1 Week2.1%
2 Weeks1.38%
1 Month-4.84%
3 Month-2.92%
6 Month1.55%
12 Month0.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.21
ATR(20)%3.12%
ATR Inc
Range Today0.94
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 High43.14
10 Day Low40.18
20 Day High44.35
20 Day Low40.18
52 Week High51.04
52 Week Low36.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume27.00K
Volume Incr10.48%
Vol(5)45.34K
Vol(50)49.83K