IMMERSION CORPORATION (IMMR) Stock Technical Analysis
NASDAQ:IMMR - Nasdaq - US4525211078 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to IMMR. Recently some decent action could be observed, but in the medium term time frame this is still negative. IMMR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, IMMR is a bad performer in the overall market: 74% of all stocks are doing better.
IMMR is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 61% of 32 stocks in the same industry do better.
IMMR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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 IMMR has a been trading in the 7.39 - 8.10 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is only medium, IMMR does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for IMMR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.72
8.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.52 to 7.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.79 to 6.87. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.92 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IMMR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMMR is up. |
| ChartMill Relative Strength | 26.22 | NEGATIVE | IMMR has a low relative strength, it was outperformed by 73.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.96 | NEUTRAL | The RSI value for IMMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IMMR has a positive trend. |
| Stochastics (14,3) | 57.44 | NEUTRAL | The Stochastics value for IMMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for IMMR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.26 | NEGATIVE | The low ADX value for IMMR suggests a weak or negative 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)
7.91
+0.03 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.38%
1 Week0.89%
2 Weeks0.13%
1 Month6.46%
3 Month16.32%
6 Month-11.82%
12 Month-18.45%
2 Year12.04%
3 Year40%
5 Year17.19%
10 Year-42.35%
15 Year43.04%
Volatility
ATR(14)0.24
ATR(20)%2.88%
ATR Inc5.59%
Range Today0.22
ADR(20)0.22
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.22
Mansfield-1.46
10 Day High8.02
10 Day Low7.45
20 Day High8.1
20 Day Low7.39
52 Week High13.94
52 Week Low6.47
CS1 End7.11
CR1 Start7.71
Volume & EV
DER(3)7.02%
DER(5)3.05%
Volume414.42K
Volume Incr-26.29%
Vol(5)362.42K
Vol(50)382.14K