IGM BIOSCIENCES INC (IGMS) Stock Technical Analysis
NASDAQ:IGMS - Nasdaq - US4495851085 - Common Stock - Currency: USD
Taking everything into account, IGMS scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. IGMS was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, IGMS is a bad performer in the overall market: 97% of all stocks are doing better.
IGMS is one of the lesser performing stocks in the Biotechnology industry. 80% of 556 stocks in the same industry do better.
IGMS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
IGMS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The technical rating of IGMS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.07
1.38
We found 2 important support areas.
- Support @1.10 from a trend line in the daily time frame.
- A support zone ranging from 1.08 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.31 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for IGMS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IGMS is neutral. |
| ChartMill Relative Strength | 3.14 | NEGATIVE | IGMS has a low relative strength, it was outperformed by 96.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IGMS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGMS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IGMS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.84 | NEUTRAL | The RSI value for IGMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IGMS has a negative trend. |
| Stochastics (14,3) | 29.41 | NEUTRAL | The Stochastics value for IGMS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for IGMS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for IGMS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:IGMS (7/22/2025, 8:20:06 PM)
1.27
-0.01 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.78%
1 Week-5.93%
2 Weeks-4.51%
1 Month9.48%
3 Month-3.79%
6 Month-24.85%
12 Month-88.64%
2 Year-88.06%
3 Year-92.12%
5 Year-97.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.77%
ATR Inc-56.79%
Range Today0.02
ADR(20)0.05
ADR(20)%3.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.14
Mansfield-7.98
10 Day High1.38
10 Day Low1.26
20 Day High1.39
20 Day Low1.08
52 Week High22.5
52 Week Low0.92
CS1 End1.1
CR1 Start1.31
Volume & EV
DER(3)-6.69%
DER(5)-10.42%
Volume376.10K
Volume Incr-46.37%
Vol(5)629.40K
Vol(50)633.34K