Overall IMCR gets a technical rating of 0 out of 10. IMCR'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.
- 68% of all other stocks performed better in the past year than IMCR.
- In the last month IMCR has a been trading in the 31.68 - 35.95 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- IMCR is part of the Biotechnology industry. There are 524 other stocks in this industry, IMCR did better than 54% of them.
- IMCR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMCR is lagging the market.
Although the technical rating is bad, IMCR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 34.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.54, a Stop Loss order could be placed below this zone.
More info and screens
30.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.97 to 32.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.80 to 31.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 34.67 to 35.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.13 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for IMCR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMCR is down. |
| ChartMill Relative Strength | 32.92 | NEUTRAL | IMCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMCR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMCR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IMCR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.76 | NEUTRAL | The RSI value for IMCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IMCR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.39 | NEUTRAL | The Stochastics value for IMCR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for IMCR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.23 | NEGATIVE | The low ADX value for IMCR suggests a weak or negative trend. |
32.55
-0.45 (-1.36%)
IMMUNOCORE HOLDINGS PLC-ADR / IMCR FAQ
What is the ChartMill technical rating of IMMUNOCORE HOLDINGS PLC-ADR (IMCR) stock?
ChartMill assigns a technical rating of 0 / 10 to IMCR.
What is the trend direction for IMCR stock?
The current trend direction for IMMUNOCORE HOLDINGS PLC-ADR (IMCR) is Bearish.
What is the RSI signal for IMMUNOCORE HOLDINGS PLC-ADR (IMCR) stock?
IMMUNOCORE HOLDINGS PLC-ADR (IMCR) has an RSI value of 38.7588. This indicates that the stock is currently neutral.
What is the short term momentum for IMCR stock?
The short term momentum for IMMUNOCORE HOLDINGS PLC-ADR (IMCR) is negative.
What is the support and resistance level for IMCR stock?
IMMUNOCORE HOLDINGS PLC-ADR (IMCR) has a support level at 32.54 and a resistance level at 34.67. Check the full technical report for our detailed analysis of IMCR support and resistance levels.