NEUMORA THERAPEUTICS INC (NMRA) Stock Technical Analysis
USA - NASDAQ:NMRA - US6409791000 - Common Stock
1.83 USD
-0.08 (-4.19%)
1.8 USD
-0.03 (-1.64%)
Overall NMRA gets a technical rating of 7 out of 10. In the past year, NMRA was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
NMRA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month NMRA has a been trading in the 1.42 - 1.96 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, we notice that NMRA is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
NMRA is an average performer in the Pharmaceuticals industry, it outperforms 68% of 196 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NMRA 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
1.43
1.93
3 important support areas can be observed.
- A support zone ranging from 1.60 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @1.52 from a trend line in the daily time frame.
- Support @1.44 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.91 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for NMRA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NMRA is up. |
| ChartMill Relative Strength | 84.98 | POSITIVE | NMRA has a high relative strength, it outperformed 84.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NMRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NMRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.89 | NEUTRAL | The RSI value for NMRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NMRA has a positive trend. |
| Stochastics (14,3) | 84.48 | OVERBOUGHT | The high Stochastics value suggests NMRA may be overbought. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for NMRA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.1 | NEUTRAL | The ADX value for NMRA suggests a possible start of a new 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)
1.83
-0.08 (-4.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-4.19%
1 Week26.21%
2 Weeks12.27%
1 Month5.17%
3 Month141.78%
6 Month77.67%
12 Month-85.84%
2 Year-87.03%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%6.06%
ATR Inc57.16%
Range Today0.16
ADR(20)0.11
ADR(20)%6.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.98
Mansfield-5.94
10 Day High1.96
10 Day Low1.42
20 Day High1.96
20 Day Low1.42
52 Week High17.19
52 Week Low0.61
CS1 End1.62
CR1 Start1.91
Volume & EV
DER(3)4.51%
DER(5)8.19%
Volume564.10K
Volume Incr62.17%
Vol(5)621.72K
Vol(50)995.85K