EVERSPIN TECHNOLOGIES INC (MRAM) Stock Technical Analysis
USA - NASDAQ:MRAM - US30041T1043 - Common Stock
Taking everything into account, MRAM scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although MRAM has an excellent technical rating, it does not present a decent entry opportunity 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
6.31
4 important support areas can be observed.
- Support @8.71 from a horizontal line in the daily time frame.
- Support @7.01 from a trend line in the weekly time frame.
- Support @6.89 from a trend line in the daily time frame.
- Support @6.37 from a trend 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 | UP | POSITIVE | The long term trend for MRAM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRAM is neutral. |
| ChartMill Relative Strength | 92.68 | POSITIVE | MRAM has a high relative strength, it outperformed 92.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MRAM is below 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) | 42.63 | NEUTRAL | The RSI value for MRAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests MRAM has a negative trend. |
| Stochastics (14,3) | 33.98 | NEUTRAL | The Stochastics value for MRAM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.55 | HIGH VOLATILITY | The high ATR as a percentage value for MRAM suggests high volalility. |
| Average Directional Index/ADX (14) | 29.94 | POSITIVE | The high ADX value value for MRAM suggests a strong trend. |
NASDAQ:MRAM (11/7/2025, 6:19:59 PM)
9.01
+0.29 (+3.33%)
EVERSPIN TECHNOLOGIES INC / MRAM FAQ
Can you provide the ChartMill technical rating for EVERSPIN TECHNOLOGIES INC?
ChartMill assigns a technical rating of 7 / 10 to MRAM.
Can you provide the trend direction for EVERSPIN TECHNOLOGIES INC?
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 42.6268. This indicates that the stock is currently neutral.
What is the short term momentum for EVERSPIN TECHNOLOGIES INC (MRAM) stock?
The short term momentum for EVERSPIN TECHNOLOGIES INC (MRAM) is neutral.