JOURNEY MEDICAL CORP (DERM)
US48115J1097 - Common Stock
We assign a technical rating of 7 out of 10 to DERM. Both in the recent history as in the last year, DERM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that DERM is one of the better performing stocks in the market, outperforming 79% of all stocks.
DERM is part of the Pharmaceuticals industry. There are 194 other stocks in this industry. DERM outperforms 75% of them.
DERM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DERM is lagging the market.
In the last month DERM has a been trading in the 5.00 - 6.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, DERM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DERM in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.99
6.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.15 to 5.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.04 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @5.79 from a trend line in the daily time frame.
- Resistance @6.25 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.54 to 6.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.39
Mansfield0.36
10 Day High5.88
10 Day Low5
20 Day High6.34
20 Day Low5
52 Week High8.11
52 Week Low2.85
Performance
1 Week11.15%
2 Weeks13.78%
1 Month0.52%
3 Month16.06%
6 Month48.21%
12 Month31.36%
2 Year221.11%
3 Year-26.93%
5 YearN/A
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)0.06
RSI(14)55.49
LBB4.91
UBB5.84
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.80 | 5.14 | 0.66 (11.38%) | 8.79% |
| An entry @5.80. This is a Buy Stop order right above the resistance zone. | An exit @5.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.66 points, which is 11.38%. | For a 1.00% total portfolio risk, you can invest 8.79% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
JOURNEY MEDICAL CORP
NASDAQ:DERM (11/29/2024, 2:20:01 PM)
After market: 5.78 0 (0%)5.78
+0.23 (+4.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.14%
1 Week11.15%
2 Weeks13.78%
1 Month0.52%
3 Month16.06%
6 Month48.21%
12 Month31.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.39
ATR(20)%7.74%
ATR Inc
Range Today0.37
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 High5.88
10 Day Low5
20 Day High6.34
20 Day Low5
52 Week High8.11
52 Week Low2.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume67.37K
Volume Incr-33.53%
Vol(5)97.92K
Vol(50)105.78K