MIRUM PHARMACEUTICALS INC (MIRM) Technical Analysis
NASDAQ:MIRM • US6047491013
Current stock price
MIRM Technical Rating and Analysis
We assign a technical rating of 9 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 91% of all other stocks. We also observe that the gains produced by MIRM over the past year are nicely spread over this period.
- MIRM is one of the better performing stocks in the Biotechnology industry, it outperforms 75% of 515 stocks in the same industry.
- MIRM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MIRM is lagging the market slightly.
- In the last month MIRM has a been trading in the 90.00 - 99.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MIRM Weekly and Daily overview Charts
MIRM Setup Rating and Analysis
Besides having an excellent technical rating, MIRM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 95.44, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
MIRM Support and Resistance Analysis
76.04
4 important support areas can be observed.
- A support zone ranging from 92.59 to 95.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @80.24 from a trend line in the weekly time frame.
- Support @76.81 from a trend line 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 | UP | POSITIVE | The short term trend for MIRM is up. |
| ChartMill Relative Strength | 91.16 | POSITIVE | MIRM has a high relative strength, it outperformed 91.16% 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) | DOWN | MIXED | The current price of MIRM is above 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) | 55.12 | NEUTRAL | The RSI value for MIRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests MIRM has a positive trend. |
| Stochastics (14,3) | 66.77 | NEUTRAL | The Stochastics value for MIRM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for MIRM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.83 | NEGATIVE | The low ADX value for MIRM suggests a weak or negative trend. |
MIRM Chart- and CandleStick Pattern Analysis
MIRM Example Setup
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 |
|---|---|---|---|
| 98.58 | 92.58 | 6.00 (6.09%) | 16.42% |
| An entry @98.58. This is a Buy Stop order right above the 10 day high. | An exit @92.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.00 points, which is 6.09%. | For a 1.00% total portfolio risk, you can invest 16.42% 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.
MIRM Technicals: Chart, Performance Metrics, Trend & Indicators
96.53
-0.78 (-0.8%)
MIRUM PHARMACEUTICALS INC / MIRM TA FAQ
What is the technical rating for MIRM stock?
ChartMill assigns a technical rating of 9 / 10 to MIRM.
Can you provide the trend direction for MIRUM PHARMACEUTICALS INC?
The current trend direction for MIRUM PHARMACEUTICALS INC (MIRM) is Bullish.
What is the RSI signal for MIRM stock?
MIRUM PHARMACEUTICALS INC (MIRM) has an RSI value of 55.1243. This indicates that the stock is currently neutral.
What is the short term momentum for MIRUM PHARMACEUTICALS INC (MIRM) stock?
The short term momentum for MIRUM PHARMACEUTICALS INC (MIRM) is positive.
What is the support and resistance level for MIRM stock?
MIRUM PHARMACEUTICALS INC (MIRM) has a support level at 95.44. Check the full technical report for our detailed analysis of MIRM support and resistance levels.