We assign a technical rating of 5 out of 10 to IMMO. In the last year, IMMO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, IMMO is a bad performer in the overall market: 89% of all stocks are doing better.
IMMO is one of the lesser performing stocks in the Real Estate Management & Development industry. 77% of 63 stocks in the same industry do better.
IMMO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: IMMO has an average volume of 5139 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month IMMO has a been trading in the 15.72 - 18.48 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.