LARIMAR THERAPEUTICS INC (LRMR)

US5171251003 - Common Stock

7.765  +0.15 (+2.04%)

After market: 7.765 0 (0%)

Technical Rating and Analysis

6

Overall LRMR gets a technical rating of 6 out of 10. In the last year, LRMR 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.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
LRMR is part of the Biotechnology industry. There are 587 other stocks in this industry. LRMR outperforms 83% of them.
In the last month LRMR has a been trading in the 5.91 - 7.89 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that LRMR is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
LRMR 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 LRMR is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
LRMR Weekly chart
LRMR Daily chart
Setup Rating and Analysis

2

LRMR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

6.47

7.86

When analyzing the support we notice one important area.

  • Support @6.54 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 7.78 to 7.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS92.95
Mansfield4.24
10 Day High7.89
10 Day Low5.91
20 Day High7.89
20 Day Low5.91
52 Week High13.68
52 Week Low2.18
Performance
1 Week20.57%
2 Weeks18.91%
1 Month4.37%
3 Month26.26%
6 Month143.04%
12 Month64.16%
2 Year200.97%
3 Year-6.56%
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)0.2
RSI(14)58.1
LBB5.87
UBB7.77
LRMR Daily chart

LARIMAR THERAPEUTICS INC

NASDAQ:LRMR (5/3/2024, 7:04:08 PM)

After market: 7.765 0 (0%)

7.765

+0.15 (+2.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.04%
1 Week20.57%
2 Weeks18.91%
1 Month4.37%
3 Month26.26%
6 Month143.04%
12 Month64.16%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%5.83%
ATR Inc
Range Today0.46
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 High7.89
10 Day Low5.91
20 Day High7.89
20 Day Low5.91
52 Week High13.68
52 Week Low2.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume231.90K
Volume Incr-20.26%
Vol(5)280.66K
Vol(50)447.36K