MIRUM PHARMACEUTICALS INC (MIRM) Stock Technical Analysis
NASDAQ:MIRM - Nasdaq - US6047491013 - Common Stock - Currency: USD
Taking everything into account, MIRM scores 10 out of 10 in our technical rating. 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!
When comparing the yearly performance of all stocks, we notice that MIRM is one of the better performing stocks in the market, outperforming 90% of all 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 557 other stocks in this industry. MIRM outperforms 87% 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.
In the last month MIRM has a been trading in the 42.89 - 51.28 range, which is quite wide. It is currently trading near the high of this range.
Although MIRM has an excellent technical rating, the quality of the presented setup is not ideal 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
37.52
53.70
5 important support areas can be observed.
- A support zone ranging from 46.82 to 47.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 43.72 to 44.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.05 from a trend line in the weekly time frame.
- A support zone ranging from 38.70 to 38.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 52.46 to 53.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 90.8 | POSITIVE | MIRM has a high relative strength, it outperformed 90.8% 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) | 69.78 | NEUTRAL | The RSI value for MIRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests MIRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.74 | OVERBOUGHT | The high Stochastics value suggests MIRM may be overbought. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MIRM suggests some volalility. |
| Average Directional Index/ADX (14) | 31.9 | POSITIVE | The high ADX value value for MIRM suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
50.34
-0.46 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.91%
1 Week2.69%
2 Weeks12.74%
1 Month13.61%
3 Month7.06%
6 Month21.27%
12 Month57.07%
2 Year94.59%
3 Year158.68%
5 Year158.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.68
ATR(20)%2.91%
ATR Inc-16.15%
Range Today1.61
ADR(20)1.44
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.8
Mansfield1.3
10 Day High51.28
10 Day Low45.17
20 Day High51.28
20 Day Low42.89
52 Week High54.23
52 Week Low32
CS1 End47.02
CR1 Start52.46
Volume & EV
DER(3)1.58%
DER(5)1.71%
Volume737.60K
Volume Incr48.09%
Vol(5)543.72K
Vol(50)425.76K