INARI MEDICAL INC (NARI)
US45332Y1091 - Common Stock
Overall NARI gets a technical rating of 6 out of 10. NARI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
72% of all other stocks performed better in the past year than NARI.
Both the short term and long term trends are positive. This is a very positive sign.
NARI is an average performer in the Health Care Equipment & Supplies industry, it outperforms 54% of 188 stocks in the same industry.
NARI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NARI is lagging the market.
In the last month NARI has a been trading in the 42.43 - 53.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NARI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 52.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.65, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NARI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
41.24
59.62
We found 3 important support areas.
- A support zone ranging from 48.99 to 49.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.02 to 45.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 41.66 to 42.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 52.77 to 53.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @54.91 from a horizontal line in the weekly time frame.
- Resistance @57.77 from a trend line in the weekly time frame.
- Resistance @59.03 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.23
Mansfield-1.22
10 Day High53.67
10 Day Low47.96
20 Day High53.67
20 Day Low42.43
52 Week High67.13
52 Week Low36.73
Performance
1 Week-1.78%
2 Weeks-3.37%
1 Month13.64%
3 Month14.58%
6 Month-0.58%
12 Month-15.86%
2 Year-32.51%
3 Year-39.84%
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)-0.36
RSI(14)53.46
LBB48.32
UBB53.46
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 |
|---|---|---|---|
| 50.60 | 48.98 | 1.62 (3.21%) | 25.00% |
| An entry @50.60. This is a Buy Stop order right above the 10 day moving average. | An exit @48.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.62 points, which is 3.21%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The distance between exit and entry is rather small compared to the average daily movement of NARI. Please evaluate whether better entry and exit points can be found.
- 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.
INARI MEDICAL INC
NASDAQ:NARI (11/22/2024, 8:00:00 PM)
After market: 49.66 0 (0%)49.66
-0.09 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.18%
1 Week-1.78%
2 Weeks-3.37%
1 Month13.64%
3 Month14.58%
6 Month-0.58%
12 Month-15.86%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.15
ATR(20)%5.01%
ATR Inc
Range Today1.06
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 High53.67
10 Day Low47.96
20 Day High53.67
20 Day Low42.43
52 Week High67.13
52 Week Low36.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume608.80K
Volume Incr-39.74%
Vol(5)567.39K
Vol(50)861.21K