EVERSPIN TECHNOLOGIES INC (MRAM) Stock Technical Analysis
NASDAQ:MRAM - US30041T1043 - Common Stock
6.39 USD
-0.12 (-1.84%)
We assign a technical rating of 6 out of 10 to MRAM. MRAM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
When comparing the yearly performance of all stocks, we notice that MRAM is one of the better performing stocks in the market, outperforming 74% of all stocks.
MRAM 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 MRAM is lagging the market slightly.
In the last month MRAM has a been trading in the 5.76 - 6.65 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MRAM is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, MRAM did better than 60% of them.
MRAM has only a medium technical rating, but it does show 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 6.22, 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
5.87
7.07
When analyzing the support we notice one important area.
- A support zone ranging from 5.93 to 6.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @6.53 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.82 to 6.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.00 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for MRAM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRAM is neutral. |
| ChartMill Relative Strength | 74.02 | POSITIVE | MRAM has a high relative strength, it outperformed 74.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRAM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRAM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRAM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.68 | NEUTRAL | The RSI value for MRAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MRAM has a positive trend. |
| Stochastics (14,3) | 65.45 | NEUTRAL | The Stochastics value for MRAM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for MRAM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.16 | NEGATIVE | The low ADX value for MRAM suggests a weak or negative 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)
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 |
|---|---|---|---|
| 6.54 | 5.92 | 0.62 (9.48%) | 10.55% |
| An entry @6.54. This is a Buy Stop order right above the resistance zone. | An exit @5.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.62 points, which is 9.48%. | For a 1.00% total portfolio risk, you can invest 10.55% 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.
NASDAQ:MRAM (8/27/2025, 6:08:34 PM)
6.39
-0.12 (-1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.84%
1 Week7.39%
2 Weeks0.63%
1 Month1.11%
3 Month13.9%
6 Month13.3%
12 Month14.72%
2 Year-38.62%
3 Year-12.47%
5 Year9.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%4.32%
ATR Inc34.27%
Range Today0.21
ADR(20)0.26
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.02
Mansfield-0.22
10 Day High6.64
10 Day Low5.86
20 Day High6.65
20 Day Low5.76
52 Week High7.08
52 Week Low4.34
CS1 End6.22
CR1 Start6.53
Volume & EV
DER(3)-4.96%
DER(5)-1.79%
Volume68.44K
Volume Incr35.19%
Vol(5)80.63K
Vol(50)134.76K