IMMP Technical Analysis - IMMUTEP LTD-SP ADR

Technical Rating and Analysis

Taking everything into account, IMMP scores 8 out of 10 in our technical rating. Although IMMP 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!

In the last month IMMP has a been trading in the 1.61 - 2.12 range, which is quite wide. It is currently trading near the high of this range.

Looking at the yearly performance, IMMP did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

IMMP is an average performer in the Biotechnology industry, it outperforms 61% of 536 stocks in the same industry.

IMMP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMMP is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

IMMUTEP LTD-SP ADR / IMMP Weekly stock chart

IMMUTEP LTD-SP ADR / IMMP Daily stock chart

Setup Rating and Analysis

Although IMMP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.58

2.11

We found 3 important support areas.

A support zone ranging from 1.97 to 1.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 1.63 to 1.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
Support @1.60 from a horizontal line in the weekly time frame.

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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 IMMP is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for IMMP is up.
ChartMill Relative Strength	76.85	POSITIVE	IMMP has a high relative strength, it outperformed 76.85% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of IMMP is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of IMMP is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of IMMP is above the rising SMA(200).
Relative Strength Index/RSI (14)	68.12	NEUTRAL	The RSI value for IMMP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.03	POSITIVE	The MACD value suggests IMMP has a positive trend.
Stochastics (14,3)	81.56	OVERBOUGHT	The high Stochastics value suggests IMMP may be overbought.
Average True Range in percent/ATR (20)	4.66	MEDIUM VOLATILITY	The ATR as a percentage value for IMMP suggests some volalility.
Average Directional Index/ADX (14)	27.29	POSITIVE	The high ADX value value for IMMP suggests a strong trend.