MEDIROM HEALTHCARE TECHNOLOG (MRM)

US58510H1032 - ADR

2.7078  -0.17 (-6.02%)

Technical Rating and Analysis

0

Taking everything into account, MRM scores 0 out of 10 in our technical rating. MRM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MRM is a bad performer in the overall market: 86% of all stocks are doing better.
MRM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MRM has a been trading in the 2.42 - 3.12 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MRM is an average performer in the Diversified Consumer Services industry, it outperforms 41% of 66 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MRM Weekly chart
MRM Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, MRM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

2.45

6.26

We found 1 important support area.

  • A support zone ranging from 2.47 to 2.48. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 5 important resistance areas.

  • A resistance zone ranging from 3.02 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @4.82 from a trend line in the weekly time frame.
  • Resistance @5.12 from a trend line in the weekly time frame.
  • A resistance zone ranging from 6.05 to 6.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @6.20 from a horizontal line in the daily 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
CRS14.99
Mansfield-4.91
10 Day High2.95
10 Day Low2.42
20 Day High3.12
20 Day Low2.42
52 Week High8.39
52 Week Low2.27
Performance
1 Week2.57%
2 Weeks-6.63%
1 Month-2.08%
3 Month9.19%
6 Month-50.04%
12 Month-42.87%
2 Year-52.66%
3 Year-60.87%
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)0.02
RSI(14)44.85
LBB2.55
UBB3.04
MRM Daily chart

MEDIROM HEALTHCARE TECHNOLOG

NASDAQ:MRM (11/22/2024, 8:00:00 PM)

2.7078

-0.17 (-6.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-6.02%
1 Week2.57%
2 Weeks-6.63%
1 Month-2.08%
3 Month9.19%
6 Month-50.04%
12 Month-42.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%9.81%
ATR Inc
Range Today0.16
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 High2.95
10 Day Low2.42
20 Day High3.12
20 Day Low2.42
52 Week High8.39
52 Week Low2.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.00K
Volume Incr-64.99%
Vol(5)3.44K
Vol(50)31.32K