KORU MEDICAL SYSTEMS INC (KRMD)

US7599101026 - Common Stock

2.17  -0.06 (-2.69%)

After market: 2.17 0 (0%)

Technical Rating and Analysis

1

Overall KRMD gets a technical rating of 1 out of 10. KRMD 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.
When comparing the yearly performance of all stocks, KRMD is a bad performer in the overall market: 86% of all stocks are doing better.
KRMD is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 60% of 192 stocks in the same industry do better.
KRMD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KRMD is lagging the market.
In the last month KRMD has a been trading in the 2.05 - 2.71 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
KRMD Weekly chart
KRMD Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, KRMD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.09, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

2.00

2.47

We found 1 important support area.

  • A support zone ranging from 2.02 to 2.09. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 2.18 to 2.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.33 from a trend line in the weekly time frame.
  • Resistance @2.41 from a trend line in the daily time frame.
  • Resistance @2.45 from a trend 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
CRS14.04
Mansfield-2.45
10 Day High2.3
10 Day Low2.05
20 Day High2.71
20 Day Low2.05
52 Week High4.3
52 Week Low1.98
Performance
1 Week1.4%
2 Weeks0.93%
1 Month-8.44%
3 Month1.4%
6 Month-2.69%
12 Month-45.89%
2 Year-18.11%
3 Year-42.44%
5 YearN/A
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
RSI(14)48.34
LBB2.04
UBB2.26
KRMD Daily chart

KORU MEDICAL SYSTEMS INC

NASDAQ:KRMD (4/30/2024, 7:08:19 PM)

After market: 2.17 0 (0%)

2.17

-0.06 (-2.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.69%
1 Week1.4%
2 Weeks0.93%
1 Month-8.44%
3 Month1.4%
6 Month-2.69%
12 Month-45.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%6.69%
ATR Inc
Range Today0.14
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 High2.3
10 Day Low2.05
20 Day High2.71
20 Day Low2.05
52 Week High4.3
52 Week Low1.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume74.90K
Volume Incr-44.53%
Vol(5)69.58K
Vol(50)105.30K