Technical Analysis for MRM - MEDIROM Healthcare Technologies Inc.

Grade Last Price % Change Price Change
F 7.43 -3.51% -0.27
MRM closed down 3.51 percent on Thursday, July 29, 2021, on 22 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical MRM trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish -3.51%
Inside Day Range Contraction -3.51%
Older End-of-Day Signals for MRM ...

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Alert Time
Down 3% about 2 hours ago
Down 2 % about 2 hours ago
Down 1% about 2 hours ago
Fell Below Previous Day's Low about 2 hours ago
New 52 Week Low about 2 hours ago
View Earlier Intraday Alerts

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Profile

MEDIROM Healthcare Technologies Inc. Description

MEDIROM Healthcare Technologies Inc. provides holistic health services in Japan. It operates in two segments, Relaxation Salon and Digital Preventative Healthcare. The Relaxation Salon segment operates and franchises relaxation salons, which provide finger-pressure style bodywork therapy, stretch therapy, and posture and joint alignment, as well as physical therapy elements; and various individual services, including anti-fatigue therapy, athletic support therapy, slim-down therapy, and reflexology. As of June 30, 2020, this segment had a total of 289 salons consisting of 138 directly operated salons and 151 franchised salons primarily in the Tokyo metropolitan area, which includes Tokyo, Yokohama, and Saitama. The Digital Preventative Healthcare segment engages in the sampling business, which includes brand promotion and consumer analysis for third party brands of corporate clients. This segment also offers government-sponsored Specific Health Guidance program, utilizing its internally-developed on-demand health monitoring smartphone application, Lav; MOTHER Tracker for fitness applications; and preventative healthcare services utilizing its digital application and devices. MEDIROM Healthcare Technologies Inc. also operates Re.Ra.Ku College that offers continuing training for franchise owners, home office staff, and salon staff covering topics, such as customer service, salon operations, and relaxation techniques located in the Odaiba area in Tokyo. The company was formerly known as MEDIROM Inc. and changed its name to MEDIROM Healthcare Technologies Inc. in March 2020. MEDIROM Healthcare Technologies Inc. was founded in 2000 and is headquartered in Tokyo, Japan.


Classification

Sector: Other
Industry: Other
Keywords: Physical Therapy Fitness Applications Relaxation

Is MRM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 19.8
52 Week Low 7.43
Average Volume 38,335
200-Day Moving Average 0.00
50-Day Moving Average 9.21
20-Day Moving Average 8.42
10-Day Moving Average 8.16
Average True Range 0.66
ADX 17.51
+DI 22.86
-DI 22.54
Chandelier Exit (Long, 3 ATRs) 8.02
Chandelier Exit (Short, 3 ATRs) 9.41
Upper Bollinger Bands 9.67
Lower Bollinger Band 7.17
Percent B (%b) 0.1
BandWidth 29.66
MACD Line -0.41
MACD Signal Line -0.36
MACD Histogram -0.044
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.84
Resistance 3 (R3) 7.88 7.79 7.77
Resistance 2 (R2) 7.79 7.69 7.77 7.74
Resistance 1 (R1) 7.61 7.62 7.57 7.57 7.72
Pivot Point 7.52 7.52 7.50 7.50 7.52
Support 1 (S1) 7.34 7.42 7.30 7.30 7.14
Support 2 (S2) 7.25 7.35 7.23 7.12
Support 3 (S3) 7.07 7.25 7.09
Support 4 (S4) 7.03