EVERSPIN TECHNOLOGIES INC (MRAM)

US30041T1043 - Common Stock

6.26  +0.13 (+2.12%)

After market: 6.26 0 (0%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to MRAM. In the last year, MRAM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, MRAM is a bad performer in the overall market: 81% of all stocks are doing better.
MRAM is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 62% of 109 stocks in the same industry do better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MRAM 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 MRAM is lagging the market slightly.
In the last month MRAM has a been trading in the 6.03 - 6.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MRAM Weekly chart
MRAM Daily chart
Setup Rating and Analysis

5

MRAM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.12, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

5.80

6.90

We found 2 important support areas.

  • A support zone ranging from 6.03 to 6.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @5.86 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 6.35 to 6.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @6.51 from a trend line in the daily time frame.
  • A resistance zone ranging from 6.66 to 6.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS19.01
Mansfield-1.18
10 Day High6.76
10 Day Low6.03
20 Day High6.76
20 Day Low6.03
52 Week High9.39
52 Week Low4.89
Performance
1 Week-5.01%
2 Weeks-4.72%
1 Month-2.95%
3 Month0%
6 Month2.62%
12 Month-28.29%
2 Year-9.28%
3 Year-38.57%
5 Year30.96%
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)-0.04
RSI(14)47.24
LBB6.13
UBB6.67
MRAM Daily chart

EVERSPIN TECHNOLOGIES INC

NASDAQ:MRAM (1/14/2025, 8:00:01 PM)

After market: 6.26 0 (0%)

6.26

+0.13 (+2.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg2.12%
1 Week-5.01%
2 Weeks-4.72%
1 Month-2.95%
3 Month0%
6 Month2.62%
12 Month-28.29%
2 Year-9.28%
3 Year-38.57%
5 Year30.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.95%
ATR Inc20.51%
Range Today0.3
ADR(20)0.24
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.01
Mansfield-1.18
10 Day High6.76
10 Day Low6.03
20 Day High6.76
20 Day Low6.03
52 Week High9.39
52 Week Low4.89
CS1 End6.12
CR1 Start6.35
Volume & EV
DER(3)0.48%
DER(5)1.87%
Volume92.60K
Volume Incr-30.39%
Vol(5)97.20K
Vol(50)122.63K