CMRX stock showed bearish momentum with -0.58% movement on Dec 30, 2024

CMRX stock analysis on 12-30-2024, Monday

    Date:  Dec 30, 2024 (Monday)
    
    open  :  $3.63
    close :  $3.44
    low   :  $3.26
    high  :  $3.65 
    
    previous close:  $3.46 
    

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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.

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