Taking everything into account, STIM scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. STIM was also a bad performer in the overall market in the last year.
The technical rating of STIM is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.38
We found 2 important support areas.
2 important resistance areas can be observed.
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 STIM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STIM is up. |
| ChartMill Relative Strength | 27.88 | NEGATIVE | STIM has a low relative strength, it was outperformed by 72.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of STIM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STIM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.24 | NEUTRAL | The RSI value for STIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests STIM has a positive trend. |
| Stochastics (14,3) | 90.84 | OVERBOUGHT | The high Stochastics value suggests STIM may be overbought. |
| Average True Range in percent/ATR (20) | 8.51 | HIGH VOLATILITY | The high ATR as a percentage value for STIM suggests high volalility. |
| Average Directional Index/ADX (14) | 23.1 | NEUTRAL | The ADX value for STIM suggests a possible start of a new trend. |
2.07
+0.11 (+5.61%)
ChartMill assigns a technical rating of 2 / 10 to STIM.
The current trend direction for NEURONETICS INC (STIM) is Bearish.
NEURONETICS INC (STIM) has an RSI value of 68.2377. This indicates that the stock is currently neutral.
The MACD indicator for NEURONETICS INC (STIM) has a value of 0.0923573, indicating a bearish trend.
NEURONETICS INC (STIM) has a support level at 1.44 and a resistance level at 2.22. Check the full technical report for our detailed analysis of STIM support and resistance levels.