NEUMORA THERAPEUTICS INC (NMRA) Stock Technical Analysis
NASDAQ:NMRA - Nasdaq - US6409791000 - Common Stock - Currency: USD
Taking everything into account, NMRA scores 7 out of 10 in our technical rating. Although NMRA has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
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.
NMRA is part of the Pharmaceuticals industry. There are 194 other stocks in this industry. NMRA outperforms 86% of them.
In the last month NMRA has a been trading in the 0.73 - 2.85 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NMRA has an average volume of 1603050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, NMRA did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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 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
2.17
2.38
We found 1 important resistance area.
- A resistance zone ranging from 2.36 to 2.36. 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 | 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 | 91.77 | POSITIVE | NMRA has a high relative strength, it outperformed 91.77% 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) | 75.95 | OVERBOUGHT | The high RSI value suggests NMRA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NMRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.01 | NEUTRAL | The Stochastics value for NMRA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.63 | HIGH VOLATILITY | The high ATR as a percentage value for NMRA suggests high volalility. |
| Average Directional Index/ADX (14) | 56.47 | POSITIVE | The high ADX value value for NMRA 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)
2.19
-0.09 (-3.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.95%
1 Week15.87%
2 Weeks51.03%
1 Month198.65%
3 Month182.14%
6 Month13.47%
12 Month-82.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%11.63%
ATR Inc-9.05%
Range Today0.26
ADR(20)0.25
ADR(20)%11.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.77
Mansfield-6.44
10 Day High2.85
10 Day Low1.31
20 Day High2.85
20 Day Low0.73
52 Week High17.19
52 Week Low0.61
CS1 EndN/A
CR1 Start2.36
Volume & EV
DER(3)8.31%
DER(5)8.9%
Volume1.84M
Volume Incr14.59%
Vol(5)2.59M
Vol(50)1.60M