MIRION TECHNOLOGIES INC (MIR) Stock Technical Analysis
NYSE:MIR - US60471A1016 - Common Stock
20.5 USD
-0.36 (-1.73%)
20.5 USD
0 (0%)
We assign a technical rating of 7 out of 10 to MIR. In the last year, MIR was one of the better performers, but we do observe some doubts in the very recent evolution.
When comparing the yearly performance of all stocks, we notice that MIR is one of the better performing stocks in the market, outperforming 91% of all stocks.
MIR is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. MIR outperforms 73% of them.
MIR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MIR is lagging the market slightly.
MIR has an average volume of 2986530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month MIR has a been trading in the 19.22 - 22.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, MIR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.50, a Stop Loss order could be placed below this zone.
More info and screens
13.07
22.64
3 important support areas can be observed.
- A support zone ranging from 19.55 to 20.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.73 from a trend line in the weekly time frame.
- Support @13.20 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.54 to 20.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 22.42 to 22.42. 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 MIR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MIR is down. |
| ChartMill Relative Strength | 91.74 | POSITIVE | MIR has a high relative strength, it outperformed 91.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MIR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MIR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MIR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.61 | NEUTRAL | The RSI value for MIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MIR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.81 | NEUTRAL | The Stochastics value for MIR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for MIR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.35 | NEUTRAL | The ADX value for MIR 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.59 | 19.54 | 1.05 (5.10%) | 19.61% |
| An entry @20.59. This is a Buy Stop order right above the resistance zone. | An exit @19.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.05 points, which is 5.10%. | For a 1.00% total portfolio risk, you can invest 19.61% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MIR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
20.5
-0.36 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.73%
1 Week-1.54%
2 Weeks-0.24%
1 Month3.22%
3 Month7.33%
6 Month32%
12 Month89.11%
2 Year140.05%
3 Year170.81%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%3.82%
ATR Inc-25.91%
Range Today0.6
ADR(20)0.77
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.74
Mansfield1.34
10 Day High21.19
10 Day Low19.22
20 Day High22.59
20 Day Low19.22
52 Week High22.8
52 Week Low9.11
CS1 End20.5
CR1 Start20.54
Volume & EV
DER(3)2.15%
DER(5)2.15%
Volume1.51M
Volume Incr-28.6%
Vol(5)2.12M
Vol(50)2.99M