KORU MEDICAL SYSTEMS INC (KRMD) Stock Technical Analysis
NASDAQ:KRMD - Nasdaq - US7599101026 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to KRMD. In the last year, KRMD was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month KRMD has a been trading in the 3.68 - 5.05 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.
When comparing the yearly performance of all stocks, we notice that KRMD is one of the better performing stocks in the market, outperforming 93% of all stocks.
KRMD is part of the Health Care Equipment & Supplies industry. There are 189 other stocks in this industry. KRMD outperforms 88% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
KRMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KRMD is lagging the market.
KRMD has an average technical rating and it also does not offer a high quality setup 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
2.82
3.75
3 important support areas can be observed.
- A support zone ranging from 3.70 to 3.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.97 from a trend line in the daily time frame.
- Support @2.85 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.08
Mansfield2.16
10 Day High4.85
10 Day Low3.68
20 Day High5.05
20 Day Low3.68
52 Week High5.05
52 Week Low2.01
Performance
1 Week-21.89%
2 Weeks-23.51%
1 Month-9.51%
3 Month5.4%
6 Month57.87%
12 Month76.67%
2 Year-11.03%
3 Year15.94%
5 Year-54.2%
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)-0.12
RSI(14)34.58
LBB3.7
UBB5.15
3.71
-0.17 (-4.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-4.38%
1 Week-21.89%
2 Weeks-23.51%
1 Month-9.51%
3 Month5.4%
6 Month57.87%
12 Month76.67%
2 Year-11.03%
3 Year15.94%
5 Year-54.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%7.07%
ATR Inc-42.71%
Range Today0.2
ADR(20)0.24
ADR(20)%6.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.08
Mansfield2.16
10 Day High4.85
10 Day Low3.68
20 Day High5.05
20 Day Low3.68
52 Week High5.05
52 Week Low2.01
CS1 End3.7
CR1 StartN/A
Volume & EV
DER(3)-10.11%
DER(5)-10.92%
Volume217.50K
Volume Incr-29.08%
Vol(5)199.64K
Vol(50)185.76K