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NEMAURA MEDICAL INC (NMRD) Stock Technical Analysis

USA - NASDAQ:NMRD - US6404422080 - Common Stock

0.1053 USD
-0.02 (-17.8%)
Last: 1/4/2024, 8:15:19 PM
0.12 USD
+0.01 (+13.96%)
After Hours: 1/4/2024, 8:15:19 PM
Technical Rating and Analysis

0

Taking everything into account, NMRD scores 0 out of 10 in our technical rating. NMRD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than NMRD.
NMRD is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 87% of 189 stocks in the same industry do better.
NMRD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month NMRD has a been trading in the 0.10 - 0.25 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

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Weekly and Daily overview Charts
NEMAURA MEDICAL INC / NMRD Weekly stock chart
NEMAURA MEDICAL INC / NMRD Daily stock chart
Setup Rating and Analysis

2

The technical rating of NMRD is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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Support and Resistance Analysis

0.10

0.11

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Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for NMRD is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for NMRD is down.
ChartMill Relative Strength1.08NEGATIVENMRD has a low relative strength, it was outperformed by 98.92% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of NMRD is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of NMRD is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of NMRD is below a declining SMA(200).
Relative Strength Index/RSI (14)31.04NEUTRALThe RSI value for NMRD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests NMRD has a negative trend.
Stochastics (14,3)13.8OVERSOLDThe low Stochastics value suggests NMRD may be oversold.
Average True Range in percent/ATR (20)27.55HIGH VOLATILITYThe high ATR as a percentage value for NMRD suggests high volalility.
Average Directional Index/ADX (14)17.25NEGATIVEThe low ADX value for NMRD suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)

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NEMAURA MEDICAL INC / NMRD Daily stock chart

NEMAURA MEDICAL INC

NASDAQ:NMRD (1/4/2024, 8:15:19 PM)

After market: 0.12 +0.01 (+13.96%)

0.1053

-0.02 (-17.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-17.8%
1 Week-47.74%
2 Weeks-36.45%
1 Month-54.22%
3 Month-62.71%
6 Month-88.68%
12 Month-94.2%
2 Year-97.38%
3 Year-97.52%
5 Year-99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%27.55%
ATR Inc99.44%
Range Today0.04
ADR(20)0.03
ADR(20)%24.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.08
3 months CRSN/A
6 months CRSN/A
Mansfield-8.61
10 Day High0.25
10 Day Low0.1
20 Day High0.25
20 Day Low0.1
52 Week High3.43
52 Week Low0.1
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-7.98%
DER(5)-2.05%
Volume823.30K
Volume Incr277.2%
Vol(5)654.36K
Vol(50)178.21K

NEMAURA MEDICAL INC / NMRD FAQ

Can you provide the ChartMill technical rating for NEMAURA MEDICAL INC?

ChartMill assigns a technical rating of 0 / 10 to NMRD.


What is the current trend direction of NEMAURA MEDICAL INC (NMRD) stock?

The current trend direction for NEMAURA MEDICAL INC (NMRD) is Bearish.


Can you provide the RSI signal for NEMAURA MEDICAL INC?

NEMAURA MEDICAL INC (NMRD) has an RSI value of 31.044. This indicates that the stock is currently neutral.


What is the short term momentum for NMRD stock?

The short term momentum for NEMAURA MEDICAL INC (NMRD) is negative.


What is the buy/sell signal for NEMAURA MEDICAL INC (NMRD) stock?

The buy/sell signal for NEMAURA MEDICAL INC (NMRD) is sell as both the short term and long term trends are negative.