CRMD Stock Price Prediction

CorMedix Inc

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9.540

-0.110(-1.140%)

Overview
Forecast
Valuation

Should I Buy CorMedix Inc Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. CRMD has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

CRMD stock price ended at $9.54 on Friday, after losing -1.14%

The CorMedix Inc stock price decreased by -1.14% on the last trading day (02 May 2025), dropping from 9.25 to 9.65. Throughout the last trading session, the stock experienced a fluctuation of 8.07% , ranging from a day low of $9.05 to a day high of 9.78. The price has declined in 3 of the last 10 days, resulting in a total change of 28.32% during this period. On the last day, trading volume decrease by 557.03K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 1.72M shares were traded, amounting to approximately 16.35M.

CRMD Technical Signals

CRMD(CorMedix Inc Corp) has 5 buy signals and 5 sell signals now. The current trend is downtrend starting from 2025-02-26. The total price change during this trend is -8.44%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of CRMD over the last 5 trading days is 10.87M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.

CRMD Moving Average Analysis

CorMedix Inc's overall moving average trend leans more bullish as of Friday, May 2, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $10.134686666666665, and $11.047666666666665. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $7.180646666666666, and $6.267666666666666. A break-down below any of these levels will issue sell signals.

CRMD Short Selling Analysis

The short sale ratio of CorMedix Inc(CRMD) as of 30 Apr 2025 is 17.75%, dropping from last trading day. With decreasing price from 9.12 to 9.19. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Neutral

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Positive

SMA_60 Above SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

5 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

1.01

Bullish

Momentum (10 days)

MOM_10 > 0

2.13

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.274

Bullish

Closing price

close > fibonacci_R1

9.65

Bullish

Moving Average

10-day SMA crosses above 200-day SMA

Bullish

5 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 > 80

96.568

Bearish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 > 100

117.145

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 80

99.032

Bearish

Williams %R (14 days)

WILLR_14 > -20

-4.305

Bearish

Ultimate Oscillator (7, 14, 28)

UO_7_14_28 > 70

71.305

Bearish

CRMD Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to CorMedix Inc(CRMD), our algorithm predicts CRMD's 1-month price at $9.27, with an 1.85%upwardshift. Using a similarity score up to 98.65%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for CorMedix Inc (CRMD.O) stock, as of Sunday, April 27, 2025 , forecasts a 1.85% change over the next month, based on its high correlation with UNIT.O stock patterns. The similarity between their price movements over the analyzed periods is 98.65%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

CRMD

Future prediction

Up: 1.85%

UNIT

Up: 1.85%Similarity: 98.65%

Name

Similarity

Up/Down

UNIT.O

98.65%

+1.85%

XRAY.O

98.57%

-3.10%

STX.O

98.34%

+4.43%

ZBRA.O

98.32%

-14.53%

AIZ.N

98.27%

+0.67%

GLW.N

98.25%

-2.19%

AEO.N

98.14%

-9.65%

CGNT.O

98.12%

+2.88%

KPLT.O

98.12%

-29.46%

SNDR.N

98.08%

+0.29%

CRMD Seasonality Analysis

Based on CRMD's historical stock price data across all years, the probability of a positive return in May is27.27%, suggesting it maynotbe an ideal month to invest in CRMD. In contrast,Augustoffers the highest probability of positive returns at60.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying CorMedix Inc (CRMD.O) stock in August has the highest probability of a positive return (60.00%), while May has the lowest probability (27.27%).

Performance Seasonality

The chart shows CorMedix Inc. (CRMD)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.