MEDIROM HEALTHCARE TECHNOLOG (MRM)

US58510H1032 - ADR

5.1837  -0.11 (-2.01%)

Technical Rating and Analysis

0

Taking everything into account, MRM scores 0 out of 10 in our technical rating. MRM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, MRM is a bad performer in the overall market: 82% of all stocks are doing better.
In the last month MRM has a been trading in the 5.00 - 6.09 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: MRM has an average volume of 2268 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MRM is part of the Diversified Consumer Services industry. There are 66 other stocks in this industry, MRM did better than 46% of them.
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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MRM Weekly chart
MRM Daily chart
Setup Rating and Analysis

3

The technical rating of MRM 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

5.12

6.36

We found 1 important support area.

  • A support zone ranging from 5.17 to 5.17. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 5.76 to 5.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 5.94 to 6.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @6.30 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
CRS18.61
Mansfield-1.85
10 Day High5.97
10 Day Low5
20 Day High6.09
20 Day Low5
52 Week High7.4
52 Week Low3.5
Performance
1 Week-6.6%
2 Weeks-13.46%
1 Month-15.02%
3 Month-13.32%
6 Month6.22%
12 Month-11.99%
2 Year-25.95%
3 Year-45.4%
5 YearN/A
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)-0.09
RSI(14)17.32
LBB5.09
UBB6.35
MRM Daily chart

MEDIROM HEALTHCARE TECHNOLOG

NASDAQ:MRM (5/7/2024, 3:30:01 PM)

5.1837

-0.11 (-2.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-2.01%
1 Week-6.6%
2 Weeks-13.46%
1 Month-15.02%
3 Month-13.32%
6 Month6.22%
12 Month-11.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%3.45%
ATR Inc
Range Today0.27
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 High5.97
10 Day Low5
20 Day High6.09
20 Day Low5
52 Week High7.4
52 Week Low3.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.55K
Volume Incr-44.39%
Vol(5)1.21K
Vol(50)2.27K