IGM BIOSCIENCES INC (IGMS) Stock Technical Analysis
NASDAQ:IGMS - Nasdaq - US4495851085 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to IGMS. IGMS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
96% of all other stocks performed better in the past year than IGMS.
IGMS is part of the Biotechnology industry. There are 555 other stocks in this industry, of which 78% 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.
In the last month IGMS has a been trading in the 1.08 - 1.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
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
1.21
1.37
When analyzing the support we notice one important area.
- A support zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.31 to 1.36. 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 | DOWN | NEGATIVE | The short term trend for IGMS is down. |
| ChartMill Relative Strength | 4.29 | NEGATIVE | IGMS has a low relative strength, it was outperformed by 95.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IGMS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IGMS is above a declining 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) | 41.13 | 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) | 16.07 | OVERSOLD | The low Stochastics value suggests IGMS may be oversold. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for IGMS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.73 | 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 (7/1/2025, 3:15:08 PM)
1.305
+0.18 (+16.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg16.52%
1 Week-3.45%
2 Weeks-7.44%
1 Month-11.81%
3 Month-0.88%
6 Month-82.93%
12 Month-82.17%
2 Year-87.87%
3 Year-93.79%
5 Year-98.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.96%
ATR Inc58.3%
Range Today0.1
ADR(20)0.08
ADR(20)%5.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.29
Mansfield-8.35
10 Day High1.26
10 Day Low1.08
20 Day High1.4
20 Day Low1.08
52 Week High22.5
52 Week Low0.92
CS1 EndN/A
CR1 Start1.22
Volume & EV
DER(3)-7.8%
DER(5)-12.26%
Volume12.23M
Volume Incr179.06%
Vol(5)594.92K
Vol(50)221.05K