IGM BIOSCIENCES INC (IGMS) Stock Technical Analysis
NASDAQ:IGMS - Nasdaq - US4495851085 - Common Stock - Currency: USD
Overall IGMS gets a technical rating of 2 out of 10. In the past year, IGMS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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.
97% of all other stocks performed better in the past year than IGMS.
IGMS is part of the Biotechnology industry. There are 556 other stocks in this industry, of which 80% are performing better than IGMS.
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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
IGMS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.27, a Stop Loss order could be placed below this zone.
More info and screens
1.09
1.38
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.25 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.10 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.33 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 | 3.24 | NEGATIVE | IGMS has a low relative strength, it was outperformed by 96.76% 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) | 50.26 | 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) | 13.89 | OVERSOLD | The low Stochastics value suggests IGMS may be oversold. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for IGMS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.08 | 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 (7/25/2025, 3:51:43 PM)
1.275
-0.01 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.39%
1 Week0.79%
2 Weeks-5.88%
1 Month5.79%
3 Month-3.03%
6 Month-24.26%
12 Month-88.55%
2 Year-87.97%
3 Year-92.05%
5 Year-97.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.21%
ATR Inc-55.07%
Range Today0.02
ADR(20)0.04
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.24
Mansfield-7.98
10 Day High1.37
10 Day Low1.26
20 Day High1.39
20 Day Low1.08
52 Week High22.5
52 Week Low0.92
CS1 End1.27
CR1 Start1.33
Volume & EV
DER(3)-2.97%
DER(5)-3.91%
Volume90.21K
Volume Incr-75.19%
Vol(5)312.76K
Vol(50)634.50K