LARIMAR THERAPEUTICS INC (LRMR) Stock Technical Analysis
USA - NASDAQ:LRMR - US5171251003 - Common Stock
4.2 USD
-0.06 (-1.41%)
4.2 USD
0 (0%)
We assign a technical rating of 5 out of 10 to LRMR. In the last year, LRMR was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
77% of all other stocks performed better in the past year than LRMR.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
LRMR has an average volume of 2815640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
LRMR is an average performer in the Biotechnology industry, it outperforms 43% of 534 stocks in the same industry.
LRMR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LRMR is lagging the market.
In the last month LRMR has a been trading in the 3.10 - 5.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
LRMR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 4.10, a Stop Loss order could be placed below this zone.
More info and screens
3.13
4.87
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.06 to 4.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.89 from a horizontal line in the daily time frame.
- Support @3.44 from a trend line in the daily time frame.
- Support @3.31 from a horizontal line in the daily time frame.
- Support @3.16 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.82 from a trend 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 LRMR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LRMR is neutral. |
| ChartMill Relative Strength | 23.67 | NEGATIVE | LRMR has a low relative strength, it was outperformed by 76.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LRMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LRMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LRMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.08 | NEUTRAL | The RSI value for LRMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests LRMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.92 | NEUTRAL | The Stochastics value for LRMR is a neutral value. |
| Average True Range in percent/ATR (20) | 12.91 | HIGH VOLATILITY | The high ATR as a percentage value for LRMR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.24 | NEUTRAL | The ADX value for LRMR suggests a possible start of a new 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)
4.2
-0.06 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.41%
1 Week-3.67%
2 Weeks-13.76%
1 Month0%
3 Month30.84%
6 Month119.9%
12 Month-45.88%
2 Year43.34%
3 Year27.27%
5 Year-77.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%12.91%
ATR Inc-50.34%
Range Today0.23
ADR(20)0.48
ADR(20)%11.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.67
Mansfield-0.06
10 Day High5
10 Day Low3.88
20 Day High5.37
20 Day Low3.1
52 Week High9.5
52 Week Low1.61
CS1 End4.1
CR1 Start4.82
Volume & EV
DER(3)-0.26%
DER(5)-0.62%
Volume1.28M
Volume Incr-63.46%
Vol(5)1.79M
Vol(50)2.82M