NEURONETICS INC (STIM)

US64131A1051 - Common Stock

3.74  -0.12 (-3.11%)

Technical Rating and Analysis

7

Taking everything into account, STIM scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month STIM has a been trading in the 3.69 - 5.07 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
STIM is part of the Health Care Equipment & Supplies industry. There are 195 other stocks in this industry. STIM outperforms 91% of them.
Looking at the yearly performance, STIM did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
STIM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STIM is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
STIM Weekly chart
STIM Daily chart
Setup Rating and Analysis

4

STIM has an excellent technical rating, but the quality of the setup is only medium 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

3.36

4.68

3 important support areas can be observed.

  • Support @3.73 from a horizontal line in the daily time frame.
  • Support @3.54 from a trend line in the daily time frame.
  • Support @3.39 from a trend line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 3.75 to 3.79. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • A resistance zone ranging from 3.87 to 3.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.63 from a trend line in the weekly 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
CRS92.91
Mansfield4.51
10 Day High4.46
10 Day Low3.69
20 Day High5.07
20 Day Low3.69
52 Week High5.07
52 Week Low1.03
Performance
1 Week-4.46%
2 Weeks-12.87%
1 Month-18.05%
3 Month15.22%
6 Month267.62%
12 Month68.56%
2 Year58.2%
3 Year-63.24%
5 Year-76.84%
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)43.31
LBB3.65
UBB4.5
STIM Daily chart

NEURONETICS INC

NASDAQ:STIM (4/24/2024, 11:09:17 AM)

3.74

-0.12 (-3.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.11%
1 Week-4.46%
2 Weeks-12.87%
1 Month-18.05%
3 Month15.22%
6 Month267.62%
12 Month68.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.29
ATR(20)%7.88%
ATR Inc
Range Today0.17
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 High4.46
10 Day Low3.69
20 Day High5.07
20 Day Low3.69
52 Week High5.07
52 Week Low1.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.37K
Volume Incr-73.92%
Vol(5)50.74K
Vol(50)184.82K