MIRUM PHARMACEUTICALS INC (MIRM) Technical Analysis
NASDAQ:MIRM • US6047491013
Current stock price
MIRM Technical Rating and Analysis
Taking everything into account, MIRM scores 7 out of 10 in our technical rating. In the last year, MIRM was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month MIRM has a been trading in the 84.33 - 109.28 range, which is quite wide. It is currently trading near the lows of this range.
- 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 part of the Biotechnology industry. There are 517 other stocks in this industry. MIRM outperforms 80% of them.
- 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Volume is considerably higher in the last couple of days.
MIRM Weekly and Daily overview Charts
MIRM Setup Rating and Analysis
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 86.30, a Stop Loss order could be placed below this zone.
More info and screens
MIRM Support and Resistance Analysis
38.46
5 important support areas can be observed.
- A support zone ranging from 86.30 to 86.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.66 from a trend line in the weekly time frame.
- Support @73.10 from a trend line in the daily time frame.
- Support @54.83 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 88.86 to 91.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 93.18 to 93.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 96.02 to 96.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
MIRM Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for MIRM is down. |
| ChartMill Relative Strength | 93.66 | POSITIVE | MIRM has a high relative strength, it outperformed 93.66% 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) | UP | MIXED | The current price of MIRM is below 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) | 42.27 | NEUTRAL | The RSI value for MIRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests MIRM has a negative trend. |
| Stochastics (14,3) | 48.43 | NEUTRAL | The Stochastics value for MIRM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for MIRM suggests high volalility. |
| Average Directional Index/ADX (14) | 22.41 | NEUTRAL | The ADX value for MIRM suggests a possible start of a new trend. |
MIRM Chart- and CandleStick Pattern Analysis
MIRM Technicals: Chart, Performance Metrics, Trend & Indicators
88.51
-2.21 (-2.44%)
MIRUM PHARMACEUTICALS INC / MIRM TA FAQ
What is the technical rating for MIRM stock?
ChartMill assigns a technical rating of 7 / 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 42.2729. This indicates that the stock is currently neutral.
What is the MACD signal for MIRM stock?
The MACD indicator for MIRUM PHARMACEUTICALS INC (MIRM) has a value of -0.218585, indicating a bearish trend.
Can you provide the buy/sell signal for MIRUM PHARMACEUTICALS INC?
The buy/sell signal for MIRUM PHARMACEUTICALS INC (MIRM) is hold as the short term and long term trends are mixed.