We assign a technical rating of 4 out of 10 to MIRA. In the past year, MIRA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, MIRA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.45, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.05
5 important support areas can be observed.
- A support zone ranging from 1.40 to 1.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.34 from a trend line in the daily time frame.
- Support @1.30 from a trend line in the weekly time frame.
- A support zone ranging from 1.25 to 1.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.06 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @1.49 from a horizontal line in the daily time frame.
- Resistance @1.59 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.67 to 1.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.75 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 MIRA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MIRA is neutral. |
| ChartMill Relative Strength | 78.92 | POSITIVE | MIRA has a high relative strength, it outperformed 78.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MIRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MIRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MIRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.06 | NEUTRAL | The RSI value for MIRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MIRA has a positive trend. |
| Stochastics (14,3) | 81.39 | OVERBOUGHT | The high Stochastics value suggests MIRA may be overbought. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for MIRA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.35 | NEGATIVE | The low ADX value for MIRA suggests a weak or negative trend. |
1.46
-0.02 (-1.35%)
MIRA PHARMACEUTICALS INC / MIRA FAQ
What is the ChartMill technical rating of MIRA PHARMACEUTICALS INC (MIRA) stock?
ChartMill assigns a technical rating of 4 / 10 to MIRA.
What is the trend direction for MIRA stock?
The current trend direction for MIRA PHARMACEUTICALS INC (MIRA) is Bearish.
What is the RSI signal for MIRA stock?
MIRA PHARMACEUTICALS INC (MIRA) has an RSI value of 51.0618. This indicates that the stock is currently neutral.
What is the short term momentum for MIRA stock?
The short term momentum for MIRA PHARMACEUTICALS INC (MIRA) is neutral.
Can you provide the support and resistance levels for MIRA PHARMACEUTICALS INC?
MIRA PHARMACEUTICALS INC (MIRA) has a support level at 1.45 and a resistance level at 1.49. Check the full technical report for our detailed analysis of MIRA support and resistance levels.