MIRUM PHARMACEUTICALS INC (MIRM) Stock Technical Analysis
NASDAQ:MIRM - US6047491013 - Common Stock
73.87 USD
-1.66 (-2.2%)
73.87 USD
0 (0%)
Taking everything into account, MIRM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MIRM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
MIRM is one of the better performing stocks in the Biotechnology industry, it outperforms 89% of 542 stocks in the same industry.
A new 52 week high is currently being made by MIRM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month MIRM has a been trading in the 50.25 - 75.74 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MIRM is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although MIRM has an excellent technical rating, it does not present a decent entry opportunity 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
38.46
74.61
When analyzing the support we can see 3 important areas.
- Support @55.18 from a trend line in the daily time frame.
- Support @45.32 from a trend line in the weekly time frame.
- Support @38.85 from a horizontal 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 | 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 | 94.55 | POSITIVE | MIRM has a high relative strength, it outperformed 94.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MIRM is above 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) | 76.06 | OVERBOUGHT | The high RSI value suggests MIRM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests MIRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.09 | OVERBOUGHT | The high Stochastics value suggests MIRM may be overbought. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for MIRM suggests some volalility. |
| Average Directional Index/ADX (14) | 55.54 | POSITIVE | The high ADX value value for MIRM 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)
73.87
-1.66 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.2%
1 Week3.29%
2 Weeks8.74%
1 Month42%
3 Month66.15%
6 Month55.29%
12 Month71.35%
2 Year179.49%
3 Year195.72%
5 Year184.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.46
ATR(20)%3.97%
ATR Inc-28.36%
Range Today2.62
ADR(20)2.86
ADR(20)%3.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.55
Mansfield4.52
10 Day High75.74
10 Day Low64.76
20 Day High75.74
20 Day Low50.25
52 Week High75.74
52 Week Low36.86
CS1 End55.18
CR1 StartN/A
Volume & EV
DER(3)-1.72%
DER(5)-1.74%
Volume1.08M
Volume Incr35.68%
Vol(5)1.06M
Vol(50)627.98K