MIRUM PHARMACEUTICALS INC (MIRM) Stock Technical Analysis
USA - NASDAQ:MIRM - US6047491013 - Common Stock
Taking everything into account, MIRM scores 6 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.
Although the technical rating is only medium, MIRM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 69.32, a Stop Loss order could be placed below this zone.
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38.46
4 important support areas can be observed.
- A support zone ranging from 67.72 to 69.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.77 from a trend line in the daily time frame.
- Support @48.93 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 one important area.
- A resistance zone ranging from 77.69 to 77.69. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for MIRM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MIRM is neutral. |
| ChartMill Relative Strength | 87.89 | POSITIVE | MIRM has a high relative strength, it outperformed 87.89% 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) | 49.11 | NEUTRAL | The RSI value for MIRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MIRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.77 | NEUTRAL | The Stochastics value for MIRM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for MIRM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.22 | NEGATIVE | The low ADX value for MIRM suggests a weak or negative trend. |
70.78
-0.54 (-0.76%)
MIRUM PHARMACEUTICALS INC / MIRM FAQ
What is the technical rating for MIRM stock?
ChartMill assigns a technical rating of 6 / 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 Bullish.
Can you provide the RSI signal for MIRUM PHARMACEUTICALS INC?
MIRUM PHARMACEUTICALS INC (MIRM) has an RSI value of 49.1058. 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 69.32 and a resistance level at 77.69. Check the full technical report for our detailed analysis of MIRM support and resistance levels.