Overall LRMR gets a technical rating of 1 out of 10. LRMR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, LRMR 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 3.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.39, a Stop Loss order could be placed below this zone.
More info and screens
3.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.37 to 3.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.21 to 3.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.68 to 3.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.27 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 | NEUTRAL | NEUTRAL | The long term trend for LRMR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LRMR is neutral. |
| ChartMill Relative Strength | 16.24 | NEGATIVE | LRMR has a low relative strength, it was outperformed by 83.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LRMR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LRMR is below a declining 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 | NEUTRAL | The RSI value for LRMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests LRMR has a positive trend. |
| Stochastics (14,3) | 74.43 | NEUTRAL | The Stochastics value for LRMR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.81 | HIGH VOLATILITY | The high ATR as a percentage value for LRMR suggests high volalility. |
| Average Directional Index/ADX (14) | 11.89 | NEGATIVE | The low ADX value for LRMR suggests a weak or negative trend. |
3.67
+0.01 (+0.27%)
LARIMAR THERAPEUTICS INC / LRMR FAQ
What is the technical rating for LRMR stock?
ChartMill assigns a technical rating of 1 / 10 to LRMR.
What is the current trend direction of LARIMAR THERAPEUTICS INC (LRMR) stock?
The current trend direction for LARIMAR THERAPEUTICS INC (LRMR) is Bearish.
What is the RSI signal for LRMR stock?
LARIMAR THERAPEUTICS INC (LRMR) has an RSI value of 48.9967. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LARIMAR THERAPEUTICS INC?
The MACD indicator for LARIMAR THERAPEUTICS INC (LRMR) has a value of 0.0384891, indicating a bearish trend.