MEDIROM HEALTHCARE TECHNOLOG (MRM) Stock Technical Analysis
NASDAQ:MRM - US58510H1032 - ADR
1.96 USD
+0.19 (+10.73%)
1.83 USD
-0.13 (-6.63%)
Overall MRM gets a technical rating of 7 out of 10. Although MRM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, MRM is a bad performer in the overall market: 89% of all stocks are doing better.
MRM is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry, of which 68% are performing better than MRM.
The long and short term trends are both positive. This is looking good!
MRM has an average volume of 3243890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRM is lagging the market.
In the last month MRM has a been trading in the 1.10 - 3.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, MRM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.77, a Stop Loss order could be placed below this zone.
More info and screens
1.43
2.75
We found 2 important support areas.
- A support zone ranging from 1.73 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.44 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.97 to 1.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.61 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.71 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MRM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRM is up. |
| ChartMill Relative Strength | 11.01 | NEGATIVE | MRM has a low relative strength, it was outperformed by 88.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MRM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.18 | NEUTRAL | The RSI value for MRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.58 | NEUTRAL | The Stochastics value for MRM is a neutral value. |
| Average True Range in percent/ATR (20) | 19.08 | HIGH VOLATILITY | The high ATR as a percentage value for MRM suggests high volalility. |
| Average Directional Index/ADX (14) | 31.93 | POSITIVE | The high ADX value value for MRM 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)
1.96
+0.19 (+10.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg10.73%
1 Week3.7%
2 Weeks-24.62%
1 Month61.32%
3 Month26.45%
6 Month183.24%
12 Month-62.95%
2 Year-61.19%
3 Year-67.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%19.08%
ATR Inc-47.82%
Range Today0.37
ADR(20)0.35
ADR(20)%17.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.01
Mansfield0.63
10 Day High2.74
10 Day Low1.67
20 Day High3.53
20 Day Low1.1
52 Week High5.3
52 Week Low0.34
CS1 End1.77
CR1 Start1.97
Volume & EV
DER(3)-1.73%
DER(5)-1.28%
Volume14.90M
Volume Incr-30.25%
Vol(5)4.80M
Vol(50)3.24M