INARI MEDICAL INC (NARI)
US45332Y1091 - Common Stock
Taking everything into account, NARI scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NARI is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the performance of all stocks over the past year, NARI turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
NARI is an average performer in the Health Care Equipment & Supplies industry, it outperforms 68% of 187 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 49.12 - 59.05 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, NARI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
41.26
59.22
When analyzing the support we can see 3 important areas.
- A support zone ranging from 53.35 to 53.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.99 from a horizontal line in the daily time frame.
- A support zone ranging from 41.68 to 42.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 55.48 to 55.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @56.95 from a trend line in the weekly time frame.
- A resistance zone ranging from 58.62 to 58.63. This zone is formed by a combination of multiple trend lines 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
CRS64.28
Mansfield-0.13
10 Day High59.05
10 Day Low51
20 Day High59.05
20 Day Low49.12
52 Week High66.35
52 Week Low36.73
Performance
1 Week-4.47%
2 Weeks-2.54%
1 Month8.43%
3 Month30.22%
6 Month11.42%
12 Month-17.36%
2 Year-15.59%
3 Year-41.22%
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)-0.33
RSI(14)52.22
LBB50.89
UBB58.52
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 |
|---|---|---|---|
| 55.61 | 53.34 | 2.27 (4.08%) | 24.50% |
| An entry @55.61. This is a Buy Stop order right above the resistance zone. | An exit @53.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.27 points, which is 4.08%. | For a 1.00% total portfolio risk, you can invest 24.50% of your capital in this trade. |
- 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 (12/24/2024, 7:27:30 PM)
After market: 53.65 0 (0%)53.65
+0.41 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.77%
1 Week-4.47%
2 Weeks-2.54%
1 Month8.43%
3 Month30.22%
6 Month11.42%
12 Month-17.36%
2 Year-15.59%
3 Year-41.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.14
ATR(20)%4.97%
ATR Inc-19.57%
Range Today1.41
ADR(20)2.66
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.28
Mansfield-0.13
10 Day High59.05
10 Day Low51
20 Day High59.05
20 Day Low49.12
52 Week High66.35
52 Week Low36.73
CS1 End53.64
CR1 Start55.48
Volume & EV
DER(3)3.08%
DER(5)0.74%
Volume257.40K
Volume Incr15.32%
Vol(5)1.17M
Vol(50)972.30K