CMRX stock showed bearish momentum with -0.58% movement on Dec 30, 2024
Date: Dec 30, 2024 (Monday)
open : $3.63
close : $3.44
low : $3.26
high : $3.65
previous close: $3.46
Also check: Tool to spot which candlestick has formed
On Dec 30, 2024 (Monday), CHIMERIX, INC. (CMRX) in the Healthcare sector showed bearish momentum of -0.58% w.r.t previous day's close. The stock belongs to the Biotechnology industry within the Healthcare sector.
At the opening bell, the stock started with a a gap up at $3.63, compared to the previous close of $3.46 (a gap up of 5.06%).
The stock hit a high of $3.65 and a low of $3.26, creating a trading range of $0.39. The price movement for the day was -5.36% lower than the opening price.
During the day's session, the CHIMERIX, INC. experienced a substantial drop in trading activity, trading 1,599,442 shares, which is 59.66% lower than the average of 3,964,983 shares, like a sharp decrease in volume compared to its usual levels. This decline indicates reduced market participation or a lack of significant news to drive interest.
The stock showed high volatility (11.34%) with a wide trading range and a large movement (the stock surged from $3.26 to $3.65).
If we look at the last month's 1D chart, the stock has been in an uptrend, but today's close < open forms a bearish candle, going against the trend and hinting at selling pressure or potential weakness in the uptrend.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.