MIRUM PHARMACEUTICALS INC (MIRM) Stock Technical Analysis
NASDAQ:MIRM - Nasdaq - US6047491013 - Common Stock - Currency: USD
Taking everything into account, MIRM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MIRM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MIRM did better than 85% of all other stocks.
MIRM is one of the better performing stocks in the Biotechnology industry, it outperforms 80% of 553 stocks in the same industry.
MIRM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MIRM is performing more or less in line with the market.
In the last month MIRM has a been trading in the 49.22 - 54.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MIRM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 51.92, a Stop Loss order could be placed below this zone.
More info and screens
38.04
54.00
We found 3 important support areas.
- A support zone ranging from 51.11 to 51.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.01 from a trend line in the weekly time frame.
- A support zone ranging from 38.42 to 38.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 52.06 to 53.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 MIRM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MIRM is up. |
| ChartMill Relative Strength | 85.27 | POSITIVE | MIRM has a high relative strength, it outperformed 85.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MIRM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MIRM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MIRM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.6 | NEUTRAL | The RSI value for MIRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests MIRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.43 | NEUTRAL | The Stochastics value for MIRM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for MIRM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for MIRM 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 |
|---|---|---|---|
| 53.48 | 51.10 | 2.38 (4.45%) | 22.47% |
| An entry @53.48. This is a Buy Stop order right above the resistance zone. | An exit @51.10. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.38 points, which is 4.45%. | When investing 22.47% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
52.02
+0.34 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.66%
1 Week0.37%
2 Weeks0.17%
1 Month3.42%
3 Month19.07%
6 Month6.42%
12 Month32.1%
2 Year96.82%
3 Year108.25%
5 Year100.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.46
ATR(20)%3.06%
ATR Inc8.37%
Range Today1.41
ADR(20)1.56
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.27
Mansfield0.95
10 Day High53.78
10 Day Low50.75
20 Day High54.78
20 Day Low49.22
52 Week High54.78
52 Week Low36.2
CS1 End51.92
CR1 Start52.06
Volume & EV
DER(3)0.03%
DER(5)-0.88%
Volume337.60K
Volume Incr-23.49%
Vol(5)325.34K
Vol(50)402.87K