Taking everything into account, MIRM scores 3 out of 10 in our technical rating. Although MIRM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MIRM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 64.99, a Stop Loss order could be placed below this zone.
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38.46
We found 3 important support areas.
- A support zone ranging from 64.67 to 64.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.24 from a trend line in the weekly time frame.
- Support @38.85 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 69.19 to 70.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 72.23 to 73.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @77.69 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 | NEUTRAL | NEUTRAL | The long term trend for MIRM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MIRM is down. |
| ChartMill Relative Strength | 84.6 | POSITIVE | MIRM has a high relative strength, it outperformed 84.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MIRM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MIRM is below a declining 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) | 36.05 | NEUTRAL | The RSI value for MIRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests MIRM has a negative trend. |
| Stochastics (14,3) | 14.37 | OVERSOLD | The low Stochastics value suggests MIRM may be oversold. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for MIRM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.07 | NEUTRAL | The ADX value for MIRM suggests a possible start of a new trend. |
65
-0.72 (-1.1%)
MIRUM PHARMACEUTICALS INC / MIRM FAQ
What is the technical rating for MIRM stock?
ChartMill assigns a technical rating of 3 / 10 to MIRM.
What is the current trend direction of MIRUM PHARMACEUTICALS INC (MIRM) stock?
The current trend direction for MIRUM PHARMACEUTICALS INC (MIRM) is Bearish.
Can you provide the RSI signal for MIRUM PHARMACEUTICALS INC?
MIRUM PHARMACEUTICALS INC (MIRM) has an RSI value of 36.0528. This indicates that the stock is currently neutral.
What are the support and resistance levels for MIRUM PHARMACEUTICALS INC (MIRM) stock?
MIRUM PHARMACEUTICALS INC (MIRM) has a support level at 64.99 and a resistance level at 69.19. Check the full technical report for our detailed analysis of MIRM support and resistance levels.