We assign a technical rating of 10 out of 10 to MIRM. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MIRM did better than 94% 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 84% of 523 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.
- MIRM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
MIRM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 98.23, a Stop Loss order could be placed below this zone.
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38.46
5 important support areas can be observed.
- A support zone ranging from 96.72 to 98.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @71.86 from a trend line in the weekly time frame.
- Support @69.65 from a trend line in the daily time frame.
- Support @53.19 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 | 94.86 | POSITIVE | MIRM has a high relative strength, it outperformed 94.86% 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) | 64.23 | NEUTRAL | The RSI value for MIRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests MIRM has a negative trend. |
| Stochastics (14,3) | 62.45 | NEUTRAL | The Stochastics value for MIRM is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for MIRM suggests some volalility. |
| Average Directional Index/ADX (14) | 37.53 | POSITIVE | The high ADX value value for MIRM suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 105.75 | 96.71 | 9.04 (8.55%) | 11.70% |
| An entry @105.75. This is a Buy Stop order right above the 10 day high. | An exit @96.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.04 points, which is 8.55%. | For a 1.00% total portfolio risk, you can invest 11.70% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
100.54
+0.07 (+0.07%)
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 64.2258. 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 -0.552716, 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 buy as both the short term and long term trends are positive.