MIRION TECHNOLOGIES INC (MIR) Stock Technical Analysis
NYSE:MIR - New York Stock Exchange, Inc. - US60471A1016 - Common Stock - Currency: USD
Overall MIR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MIR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MIR is one of the better performing stocks in the market, outperforming 94% of all stocks.
MIR is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 79% of 125 stocks in the same industry.
MIR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MIR is leading the market.
In the last month MIR has a been trading in the 17.63 - 20.80 range, which is quite wide. It is currently trading near the high of this range.
MIR has an average volume of 2688040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, MIR also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 19.55, a Stop Loss order could be placed below this zone.
More info and screens
12.40
20.77
3 important support areas can be observed.
- A support zone ranging from 19.54 to 19.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.76 to 13.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.53 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @20.56 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 | UP | POSITIVE | The long term trend for MIR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MIR is up. |
| ChartMill Relative Strength | 94.93 | POSITIVE | MIR has a high relative strength, it outperformed 94.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MIR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MIR is above 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) | 56.29 | NEUTRAL | The RSI value for MIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests MIR has a negative trend. |
| Stochastics (14,3) | 65.35 | NEUTRAL | The Stochastics value for MIR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for MIR suggests some volalility. |
| Average Directional Index/ADX (14) | 43.24 | POSITIVE | The high ADX value value for MIR suggests a strong 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 |
|---|---|---|---|
| 20.08 | 19.53 | 0.55 (2.74%) | 25.00% |
| An entry @20.08. This is a Buy Stop order right above the 10 day moving average. | An exit @19.53. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.55 points, which is 2.74%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- 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.
19.55
-0.63 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.12%
1 Week-3.12%
2 Weeks-0.2%
1 Month12.1%
3 Month28.45%
6 Month9.28%
12 Month81.02%
2 Year131.36%
3 Year239.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%3.71%
ATR Inc11.31%
Range Today0.86
ADR(20)0.69
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.93
Mansfield2.9
10 Day High20.8
10 Day Low19.42
20 Day High20.8
20 Day Low17.63
52 Week High20.8
52 Week Low9.11
CS1 End19.55
CR1 Start20.56
Volume & EV
DER(3)-1.2%
DER(5)-0.86%
Volume1.82M
Volume Incr-36.68%
Vol(5)2.55M
Vol(50)2.69M