EVERSPIN TECHNOLOGIES INC (MRAM)

US30041T1043 - Common Stock

6.26  +0.03 (+0.48%)

After market: 6.31 +0.05 (+0.8%)

Technical Rating and Analysis

0

Overall MRAM gets a technical rating of 0 out of 10. MRAM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than MRAM.
MRAM is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 76% of 107 stocks in the same industry do better.
MRAM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MRAM has a been trading in the 6.03 - 7.73 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MRAM Weekly chart
MRAM Daily chart
Setup Rating and Analysis

3

The technical rating of MRAM is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

5.96

9.39

We found 1 important support area.

  • A support zone ranging from 6.02 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 6.27 to 6.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @7.09 from a trend line in the daily time frame.
  • Resistance @8.40 from a trend line in the daily time frame.
  • Resistance @9.30 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.21
Mansfield-3.79
10 Day High6.97
10 Day Low6.03
20 Day High7.73
20 Day Low6.03
52 Week High10.5
52 Week Low6.03
Performance
1 Week2.96%
2 Weeks-16.42%
1 Month-15.97%
3 Month-28.38%
6 Month-30.13%
12 Month-19.02%
2 Year2.62%
3 Year1.79%
5 Year-8.75%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)30.78
LBB5.43
UBB7.75
MRAM Daily chart

EVERSPIN TECHNOLOGIES INC

NASDAQ:MRAM (5/15/2024, 3:30:00 PM)

After market: 6.31 +0.05 (+0.8%)

6.26

+0.03 (+0.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.48%
1 Week2.96%
2 Weeks-16.42%
1 Month-15.97%
3 Month-28.38%
6 Month-30.13%
12 Month-19.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.33
ATR(20)%4.64%
ATR Inc
Range Today0.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.97
10 Day Low6.03
20 Day High7.73
20 Day Low6.03
52 Week High10.5
52 Week Low6.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume111.63K
Volume Incr38.76%
Vol(5)155.08K
Vol(50)113.13K