Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Wednesday June 19, 2019 Change 5.56% Price $7.60
Chart period: 2019-03-20 - 2019-06-19




Social Sentiment for CRMD

Today's data is from 2 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
Weighted Sentiment 0.84

Will CRMD stock price go up or down on Thu, 20 Jun 2019?


CorMedix Inc Forecast and Stock Analysis

Technical CRMD stock analysis for Wednesday June 19, 2019.

Buy candidate since 2019-06-17 Gain 4.83%

CorMedix Inc gained 5.56% in the last trading day ( Wednesday, 19th Jun 2019 ), rising from $7.20 to $7.60 During day the stock fluctuated 7.77% from a day low at $7.08 to a day high of $7.63. The price has been going up and down for this period, and there has been a 16.56% gain for the last 2 weeks. Volume fell in the last day by -13 517 shares, and in total, 196 060 shares bought and sold for approximately $1.49 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the CRMD stock price was $8.26 and low was $5.75.
  • 90 day high was $10.76 and low was $1.57.
  • 52 week high for the CorMedix Inc - $10.76 and low - $0.21.


CorMedix Inc lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.56% during the next 3 months and, with 90% probability hold a price between $5.20 and $9.50 at the end of this period.

Click here for today's Top 5 Trending Companies


CorMedix Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $7.50 and $7.13. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday June 14, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 60 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

CorMedix Inc finds support from accumulated volume at $7.40.

Support: $7.40 Price: $7.60 Resistance: $7.83


This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.55 between high and low, or 7.77%. For the last week the stock has had a daily average volatility of 6.46%.

Our recommended stoploss: $7.28 (-4.20%) (This stock has high daily movements and this gives high risk. There is a buy signal from pivot bottom found 3 days ago.)

6.46 %

Average volatility

Overall risk:

Very Low Low Medium High Very High


Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Buy Candidate Upgraded
Weaker Buy Today CRMD ranks #674 as BUY CANDIDATE #674 Stronger Buy

Will CRMD stock price go up or down on Thu, 20 Jun 2019?


Proudly made at

Rise Vilnius
in partnership with
Barclays Bank