13.24 USD
+1.11 (+9.15%)
13.7 USD
+0.46 (+3.47%)
We assign a technical rating of 10 out of 10 to MRAM. Both in the recent history as in the last year, MRAM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that MRAM is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, MRAM also shows a nice and consistent pattern of rising prices.
- MRAM is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 83% of 113 stocks in the same industry.
- MRAM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MRAM has a been trading in the 8.78 - 13.47 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MRAM has an excellent technical rating, it does not offer a high 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.
More info and screens
7.71
13.37
4 important support areas can be observed.
- Support @11.36 from a horizontal line in the daily time frame.
- A support zone ranging from 9.40 to 9.55. 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 8.31 to 8.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.79 from a trend 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 MRAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRAM is up. |
| ChartMill Relative Strength | 95.13 | POSITIVE | MRAM has a high relative strength, it outperformed 95.13% 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) | 71.22 | OVERBOUGHT | The high RSI value suggests MRAM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MRAM has a positive trend. |
| Stochastics (14,3) | 77.56 | NEUTRAL | The Stochastics value for MRAM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for MRAM suggests high volalility. |
| Average Directional Index/ADX (14) | 39.98 | POSITIVE | The high ADX value value for MRAM 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)
13.24
+1.11 (+9.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg9.15%
1 Week10.15%
2 Weeks31.61%
1 Month56.87%
3 Month34.01%
6 Month96.15%
12 Month109.49%
2 Year55.04%
3 Year91.88%
5 Year147.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%5.99%
ATR Inc38.91%
Range Today1.17
ADR(20)0.75
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.13
3 months CRS93.85
6 months CRS96.07
Mansfield6.79
10 Day High13.47
10 Day Low10.07
20 Day High13.47
20 Day Low8.78
52 Week High13.47
52 Week Low4.34
CS1 End11.36
CR1 StartN/A
Volume & EV
DER(3)-3.33%
DER(5)-2.97%
Volume889.90K
Volume Incr105.46%
Vol(5)602.76K
Vol(50)288.76K
EVERSPIN TECHNOLOGIES INC / MRAM FAQ
Can you provide the ChartMill technical rating for EVERSPIN TECHNOLOGIES INC?
ChartMill assigns a technical rating of 10 / 10 to MRAM.
What is the trend direction for MRAM stock?
The current trend direction for EVERSPIN TECHNOLOGIES INC (MRAM) is Bullish.
Can you provide the RSI signal for EVERSPIN TECHNOLOGIES INC?
EVERSPIN TECHNOLOGIES INC (MRAM) has an RSI value of 71.2248. This indicates that the stock is currently overbought.
What is the short term momentum for MRAM stock?
The short term momentum for EVERSPIN TECHNOLOGIES INC (MRAM) is positive.
What is the buy/sell signal for MRAM stock?
The buy/sell signal for EVERSPIN TECHNOLOGIES INC (MRAM) is buy as both the short term and long term trends are positive.