ImmunoGen Inc (IMGN) Technical Analysis

NASDAQ:IMGN • US45253H1014

31.23 USD

0 (0%)

At close: Feb 9, 2024

31.24 USD

+0.01 (+0.03%)

After Hours: 2/9/2024, 8:00:02 PM

IMGN Technical Rating and Analysis

Taking everything into account, IMGN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, IMGN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that IMGN is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by IMGN over the past year are nicely spread over this period.
IMGN is part of the Biotechnology industry. There are 519 other stocks in this industry. IMGN outperforms 99% of them.
A new 52 week high is currently being made by IMGN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so IMGN is leading the market.
In the last month IMGN has a been trading in the 29.15 - 31.25 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, which is what you like to see during a strong movement up.
IMGN has an average volume of 10012600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

More info and screens

Technical Analysis Relative Strength ChartMill Trend Indicator Simple Moving Average Show peers with best TA rating

IMGN Weekly and Daily overview Charts

IMGN Setup Rating and Analysis

Although IMGN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

More info and screens

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IMGN Support and Resistance Analysis

14.23

31.54

When analyzing the support we can see 2 important areas.

A support zone ranging from 29.26 to 29.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @14.37 from a horizontal line in the weekly time frame.

More info and screens

What is Support and Resistance Support and Resistance indicators Support and Resistance Screener and Trading Strategies

IMGN Technical Indicator Signal Analysis

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 IMGN is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for IMGN is up.
ChartMill Relative Strength	99.75	POSITIVE	IMGN has a high relative strength, it outperformed 99.75% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of IMGN is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of IMGN is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of IMGN is above the rising SMA(200).
Relative Strength Index/RSI (14)	82.52	OVERBOUGHT	The high RSI value suggests IMGN may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.04	POSITIVE	The MACD value suggests IMGN has a positive trend.
Stochastics (14,3)	90.88	OVERBOUGHT	The high Stochastics value suggests IMGN may be overbought.
Average True Range in percent/ATR (20)	0.81	LOW VOLATILITY	The low ATR as a percentage value for IMGN suggests low volalility.
Average Directional Index/ADX (14)	44.53	POSITIVE	The high ADX value value for IMGN suggests a strong trend.

IMGN Chart- and CandleStick Pattern Analysis

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)

More info

Bullish Engulfing Bearish Engulfing Bullish Harami Bullish Hammer Gravestone Doji Dragonfly Doji Shooting Star Dark Cloud Cover Bull Flags Ascending Triangle Descending Triangle Symmetrical Triangle Rising Wedge Falling Wedge Double Bottom Ascending Channel Descending Channel Double Top Squeeze Plays

IMGN Technicals: Chart, Performance Metrics, Trend & Indicators

ImmunoGen Inc

NASDAQ:IMGN (2/9/2024, 8:00:02 PM)

After market: 31.24 +0.01 (+0.03%)

31.23

0 (0%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorHealth Care

GICS IndustryBiotechnology

Performance

% Chg0%

1 Week6.73%

2 Weeks5.61%

1 Month5.15%

3 Month111.59%

6 Month117.33%

12 Month617.93%

2 Year453.72%

3 Year256.91%

5 Year561.65%

10 Year90.43%

15 Year669.21%

Volatility

ATR(14)0.3

ATR(20)%0.81%

ATR Inc340.22%

Range Today0.03

ADR(20)0.17

ADR(20)%0.54%

Trend & SMA

ST Trend

LT Trend

SMA(5)

SMA(10)

SMA(20)

SMA(50)

SMA(100)

SMA(200)

Relative Strength & Ranges

CRS99.75

3 months CRSN/A

6 months CRSN/A

Mansfield7.01

10 Day High31.25

10 Day Low29.15

20 Day High31.25

20 Day Low29.15

52 Week High31.25

52 Week Low3.61

CS1 End29.76

CR1 StartN/A

Volume & EV

DER(3)0.49%

DER(5)-3.88%

Volume48.61M

Volume Incr379.63%

Vol(5)24.38M

Vol(50)10.01M

ImmunoGen Inc / IMGN TA FAQ

Can you provide the ChartMill technical rating for ImmunoGen Inc?

ChartMill assigns a technical rating of 10 / 10 to IMGN.

What is the current trend direction of ImmunoGen Inc (IMGN) stock?

The current trend direction for ImmunoGen Inc (IMGN) is Bullish.

What is the RSI signal for IMGN stock?

ImmunoGen Inc (IMGN) has an RSI value of 82.5155. This indicates that the stock is currently overbought.

What is the MACD signal for ImmunoGen Inc (IMGN) stock?

The MACD indicator for ImmunoGen Inc (IMGN) has a value of 0.0412936, indicating a bearish trend.

What is the short term momentum for ImmunoGen Inc (IMGN) stock?

The short term momentum for ImmunoGen Inc (IMGN) is positive.