MEDIROM HEALTHCARE TECHNOLOG (MRM) Stock Technical Analysis
NASDAQ:MRM - Nasdaq - US58510H1032 - ADR - Currency: USD
Overall MRM gets a technical rating of 2 out of 10. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MRM is a bad performer in the overall market: 94% of all stocks are doing better.
MRM is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, of which 69% are performing better than MRM.
MRM is currently trading near the lower end of its 52 week range, which is not a good sign. MRM is lagging the S&P500 Index which is trading in the middle of its 52 week range.
MRM has an average volume of 2032700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MRM has a been trading in the 0.36 - 1.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MRM has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.68
0.95
We found 2 important support areas.
- A support zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.69 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.94 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.44
Mansfield-6.99
10 Day High0.9
10 Day Low0.6
20 Day High1.25
20 Day Low0.36
52 Week High8.39
52 Week Low0.34
Performance
1 Week0.01%
2 Weeks-8.29%
1 Month111.15%
3 Month-15.95%
6 Month-72.54%
12 Month-85.17%
2 Year-86.64%
3 Year-89.88%
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)-0.01
RSI(14)52.93
LBB0.55
UBB1.14
0.78
+0.08 (+11.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg11.43%
1 Week0.01%
2 Weeks-8.29%
1 Month111.15%
3 Month-15.95%
6 Month-72.54%
12 Month-85.17%
2 Year-86.64%
3 Year-89.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%24.52%
ATR Inc-62.4%
Range Today0.12
ADR(20)0.18
ADR(20)%22.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.44
Mansfield-6.99
10 Day High0.9
10 Day Low0.6
20 Day High1.25
20 Day Low0.36
52 Week High8.39
52 Week Low0.34
CS1 End0.77
CR1 Start0.84
Volume & EV
DER(3)-11.93%
DER(5)-5.62%
Volume34.80K
Volume Incr-99.41%
Vol(5)23.46K
Vol(50)2.03M