MIRION TECHNOLOGIES INC (MIR) Technical Analysis
NYSE:MIR • US60471A1016
Taking everything into account, MIR scores 1 out of 10 in our technical rating. MIR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month MIR has a been trading in the 18.61 - 22.72 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MIR has an average volume of 3211330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MIR outperforms 51% of them, which is more or less in line with the market.
- MIR is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 44% of 124 stocks in the same industry.
- MIR 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 MIR is lagging the market slightly.
The technical rating of MIR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.27
When analyzing the support we notice one important area.
- Support @17.44 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 22.42 to 22.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.98 to 25.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.29 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for MIR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MIR is down. |
| ChartMill Relative Strength | 51.87 | NEUTRAL | MIR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MIR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MIR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MIR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.61 | NEUTRAL | The RSI value for MIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MIR has a negative trend. |
| Stochastics (14,3) | 30.99 | NEUTRAL | The Stochastics value for MIR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for MIR suggests high volalility. |
| Average Directional Index/ADX (14) | 34.73 | POSITIVE | The high ADX value value for MIR suggests a strong trend. |
MIR Technicals: Chart, Performance Metrics, Trend & Indicators
18.69
-1.35 (-6.74%)
MIRION TECHNOLOGIES INC / MIR FAQ
What is the technical rating for MIR stock?
ChartMill assigns a technical rating of 1 / 10 to MIR.
Can you provide the trend direction for MIRION TECHNOLOGIES INC?
The current trend direction for MIRION TECHNOLOGIES INC (MIR) is Bearish.
What is the RSI signal for MIRION TECHNOLOGIES INC (MIR) stock?
MIRION TECHNOLOGIES INC (MIR) has an RSI value of 30.6075. This indicates that the stock is currently neutral.
What is the short term momentum for MIRION TECHNOLOGIES INC (MIR) stock?
The short term momentum for MIRION TECHNOLOGIES INC (MIR) is negative.
Can you provide the buy/sell signal for MIRION TECHNOLOGIES INC?
The buy/sell signal for MIRION TECHNOLOGIES INC (MIR) is sell as both the short term and long term trends are negative.