We assign a technical rating of 10 out of 10 to MIRM. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, MIRM did better than 93% of all other stocks. On top of that, MIRM also shows a nice and consistent pattern of rising prices.
- MIRM is one of the better performing stocks in the Biotechnology industry, it outperforms 79% of 528 stocks in the same industry.
- MIRM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MIRM has a been trading in the 64.48 - 91.80 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
We found 5 important support areas.
- A support zone ranging from 81.60 to 82.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @68.81 from a trend line in the weekly time frame.
- Support @67.22 from a trend line in the daily time frame.
- Support @51.88 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 | 93.56 | POSITIVE | MIRM has a high relative strength, it outperformed 93.56% 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) | 74.88 | OVERBOUGHT | The high RSI value suggests MIRM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.26 | POSITIVE | The MACD value suggests MIRM has a positive trend. |
| Stochastics (14,3) | 94.16 | OVERBOUGHT | The high Stochastics value suggests MIRM may be overbought. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for MIRM suggests some volalility. |
| Average Directional Index/ADX (14) | 30.45 | POSITIVE | The high ADX value value for MIRM suggests a strong trend. |
90.65
+0.21 (+0.23%)
MIRUM PHARMACEUTICALS INC / MIRM FAQ
What is the technical rating for MIRM stock?
ChartMill assigns a technical rating of 10 / 10 to MIRM.
What is the trend direction for MIRM stock?
The current trend direction for MIRUM PHARMACEUTICALS INC (MIRM) is Bullish.
Can you provide the RSI signal for MIRUM PHARMACEUTICALS INC?
MIRUM PHARMACEUTICALS INC (MIRM) has an RSI value of 74.8767. This indicates that the stock is currently overbought.
What is the MACD signal for MIRM stock?
The MACD indicator for MIRUM PHARMACEUTICALS INC (MIRM) has a value of 1.26448, indicating a bullish trend.
Can you provide the buy/sell signal for MIRUM PHARMACEUTICALS INC?
The buy/sell signal for MIRUM PHARMACEUTICALS INC (MIRM) is buy as both the short term and long term trends are positive.