IMMUNOCORE HOLDINGS PLC-ADR (IMCR) Stock Technical Analysis
NASDAQ:IMCR - Nasdaq - US45258D1054 - ADR - Currency: USD
Overall IMCR gets a technical rating of 8 out of 10. Although IMCR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, IMCR turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
IMCR is an average performer in the Biotechnology industry, it outperforms 64% of 556 stocks in the same industry.
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.
In the last month IMCR has a been trading in the 30.76 - 37.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IMCR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 36.80. Right above this resistance zone may be a good entry point.
More info and screens
30.52
37.63
When analyzing the support we can see 2 important areas.
- Support @32.77 from a trend line in the weekly time frame.
- A support zone ranging from 30.83 to 31.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.80 to 37.26. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for IMCR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMCR is up. |
| ChartMill Relative Strength | 42.39 | NEUTRAL | IMCR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.53 | NEUTRAL | The RSI value for IMCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IMCR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.48 | NEUTRAL | The Stochastics value for IMCR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for IMCR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.17 | NEUTRAL | The ADX value for IMCR suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.94 | 34.48 | 1.46 (4.06%) | 24.64% |
| An entry @35.94. This is a Buy Stop order right above the 10 day moving average. | An exit @34.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.46 points, which is 4.06%. | When investing 24.64% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IMCR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
35.17
-0.1 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.28%
1 Week-3.14%
2 Weeks0.43%
1 Month9.84%
3 Month16.61%
6 Month6.58%
12 Month-12.36%
2 Year-46.7%
3 Year-23.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%3.59%
ATR Inc-0.59%
Range Today0.91
ADR(20)1.25
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.39
Mansfield0.03
10 Day High37.63
10 Day Low34.49
20 Day High37.63
20 Day Low30.76
52 Week High40.52
52 Week Low23.15
CS1 End32.77
CR1 Start36.8
Volume & EV
DER(3)-4.94%
DER(5)-3.77%
Volume217.70K
Volume Incr-1.19%
Vol(5)286.96K
Vol(50)413.48K