IGM BIOSCIENCES INC (IGMS) Stock Technical Analysis
USA - NASDAQ:IGMS - US4495851085 - Common Stock
1.27 USD
-0.03 (-2.31%)
1.28 USD
+0.01 (+0.79%)
We assign a technical rating of 2 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 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.
96% of all other stocks performed better in the past year than IGMS.
IGMS is part of the Biotechnology industry. There are 533 other stocks in this industry, of which 81% are performing better than IGMS.
IGMS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IGMS is lagging the market.
In the last month IGMS has a been trading in the 1.25 - 1.33 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, IGMS does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for IGMS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.07
1.38
We found 2 important support areas.
- Support @1.11 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 can see 2 important resistance areas.
- A resistance zone ranging from 1.27 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 4.43 | NEGATIVE | IGMS has a low relative strength, it was outperformed by 95.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGMS is below a declining 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) | 47.94 | NEUTRAL | The RSI value for IGMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IGMS has a negative trend. |
| Stochastics (14,3) | 45.83 | NEUTRAL | The Stochastics value for IGMS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for IGMS suggests low volalility. |
| Average Directional Index/ADX (14) | 9.54 | 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)
1.27
-0.03 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.31%
1 Week-0.78%
2 Weeks0.79%
1 Month0%
3 Month7.63%
6 Month-11.19%
12 Month-86.12%
2 Year-82.24%
3 Year-93.46%
5 Year-97.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%1.84%
ATR Inc58.07%
Range Today0.03
ADR(20)0.02
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.43
3 months CRSN/A
6 months CRSN/A
Mansfield-7.84
10 Day High1.33
10 Day Low1.25
20 Day High1.33
20 Day Low1.25
52 Week High22.5
52 Week Low0.92
CS1 End1.11
CR1 Start1.27
Volume & EV
DER(3)4.34%
DER(5)4.72%
Volume1.62M
Volume Incr-1.01%
Vol(5)512.64K
Vol(50)740.81K
IGM BIOSCIENCES INC / IGMS FAQ
Can you provide the ChartMill technical rating for IGM BIOSCIENCES INC?
ChartMill assigns a technical rating of 2 / 10 to IGMS.
What is the trend direction for IGMS stock?
The current trend direction for IGM BIOSCIENCES INC (IGMS) is Bearish.
What is the RSI signal for IGM BIOSCIENCES INC (IGMS) stock?
IGM BIOSCIENCES INC (IGMS) has an RSI value of 47.939. This indicates that the stock is currently neutral.
What is the short term momentum for IGM BIOSCIENCES INC (IGMS) stock?
The short term momentum for IGM BIOSCIENCES INC (IGMS) is neutral.