KORU MEDICAL SYSTEMS INC (KRMD) Stock Technical Analysis
NASDAQ:KRMD - Nasdaq - US7599101026 - Common Stock - Currency: USD
Taking everything into account, KRMD scores 9 out of 10 in our technical rating. In the last year, KRMD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, KRMD did better than 90% of all other stocks.
KRMD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 92% of 187 stocks in the same industry.
In the last month KRMD has a been trading in the 3.15 - 3.83 range, which is quite wide. It is currently trading near the high of this range.
KRMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KRMD is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, KRMD also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
2.27
3.85
We found 1 important support area.
- A support zone ranging from 2.29 to 2.31. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.64 to 3.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.77 to 3.81. This zone is formed by a combination of multiple trend lines 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 | 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 | 90.05 | POSITIVE | KRMD has a high relative strength, it outperformed 90.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KRMD is below 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) | 52.79 | NEUTRAL | The RSI value for KRMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests KRMD has a negative trend. |
| Stochastics (14,3) | 66.5 | NEUTRAL | The Stochastics value for KRMD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for KRMD suggests high volalility. |
| Average Directional Index/ADX (14) | 41.88 | 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)
3.48
-0.25 (-6.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-6.7%
1 Week-3.87%
2 Weeks-2.79%
1 Month8.75%
3 Month51.3%
6 Month-12.12%
12 Month31.32%
2 Year33.85%
3 Year37.55%
5 Year-66.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%5.76%
ATR Inc-1.49%
Range Today0.34
ADR(20)0.2
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.05
Mansfield0.4
10 Day High3.83
10 Day Low3.45
20 Day High3.83
20 Day Low3.15
52 Week High5.05
52 Week Low1.86
CS1 End2.31
CR1 Start3.64
Volume & EV
DER(3)-1.56%
DER(5)-0.17%
Volume91.30K
Volume Incr-70.89%
Vol(5)132.78K
Vol(50)262.66K