KORU MEDICAL SYSTEMS INC (KRMD) Stock Technical Analysis
NASDAQ:KRMD - US7599101026 - Common Stock
4.38 USD
+0.27 (+6.57%)
4.38 USD
0 (0%)
Taking everything into account, KRMD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, KRMD has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 KRMD is one of the better performing stocks in the market, outperforming 95% of all stocks.
KRMD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 94% of 187 stocks in the same industry.
KRMD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so KRMD is lagging the market slightly.
In the last month KRMD has a been trading in the 3.20 - 4.42 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although KRMD has an excellent technical rating, the quality of the presented setup is not ideal 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
2.27
4.42
5 important support areas can be observed.
- Support @4.10 from a horizontal line in the daily time frame.
- Support @3.50 from a trend line in the daily time frame.
- Support @3.31 from a trend line in the daily time frame.
- Support @2.33 from a trend line in the weekly time frame.
- Support @2.29 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for KRMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRMD is up. |
| ChartMill Relative Strength | 95.47 | POSITIVE | KRMD has a high relative strength, it outperformed 95.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KRMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.81 | NEUTRAL | The RSI value for KRMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KRMD has a positive trend. |
| Stochastics (14,3) | 86.63 | OVERBOUGHT | The high Stochastics value suggests KRMD may be overbought. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for KRMD suggests some volalility. |
| Average Directional Index/ADX (14) | 35.4 | POSITIVE | The high ADX value value for KRMD suggests a strong 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)
4.38
+0.27 (+6.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg6.57%
1 Week5.04%
2 Weeks10.61%
1 Month26.59%
3 Month64.66%
6 Month18.06%
12 Month86.38%
2 Year67.18%
3 Year77.33%
5 Year-49.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%4.93%
ATR Inc-9.03%
Range Today0.26
ADR(20)0.2
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.47
Mansfield2.24
10 Day High4.42
10 Day Low3.91
20 Day High4.42
20 Day Low3.2
52 Week High5.05
52 Week Low1.86
CS1 End4.1
CR1 StartN/A
Volume & EV
DER(3)-0.52%
DER(5)-1.14%
Volume169.20K
Volume Incr-33.46%
Vol(5)88.70K
Vol(50)262.31K