IMMERSION CORPORATION (IMMR) Technical Analysis
NASDAQ:IMMR • US4525211078
Taking everything into account, IMMR scores 0 out of 10 in our technical rating. IMMR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 83% of all other stocks performed better in the past year than IMMR.
- IMMR is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 62% of 36 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.
- In the last month IMMR has a been trading in the 5.76 - 6.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, IMMR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.97, a Stop Loss order could be placed below this zone.
More info and screens
5.90
When analyzing the support we notice one important area.
- A support zone ranging from 5.96 to 5.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.13 to 6.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.42 to 6.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.63 to 6.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.33 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for IMMR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMMR is down. |
| ChartMill Relative Strength | 17.54 | NEGATIVE | IMMR has a low relative strength, it was outperformed by 82.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMMR is below a declining 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) | 44.51 | NEUTRAL | The RSI value for IMMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IMMR has a positive trend. |
| Stochastics (14,3) | 49.92 | NEUTRAL | The Stochastics value for IMMR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for IMMR suggests some volalility. |
| Average Directional Index/ADX (14) | 27.13 | POSITIVE | The high ADX value value for IMMR suggests a strong trend. |
IMMR Technicals: Chart, Performance Metrics, Trend & Indicators
6.1
-0.02 (-0.33%)
IMMERSION CORPORATION / IMMR FAQ
Can you provide the ChartMill technical rating for IMMERSION CORPORATION?
ChartMill assigns a technical rating of 0 / 10 to IMMR.
What is the trend direction for IMMR stock?
The current trend direction for IMMERSION CORPORATION (IMMR) is Bearish.
What is the RSI signal for IMMR stock?
IMMERSION CORPORATION (IMMR) has an RSI value of 44.5062. This indicates that the stock is currently neutral.
What is the MACD signal for IMMERSION CORPORATION (IMMR) stock?
The MACD indicator for IMMERSION CORPORATION (IMMR) has a value of 0.00938659, indicating a bearish trend.
What is the buy/sell signal for IMMERSION CORPORATION (IMMR) stock?
The buy/sell signal for IMMERSION CORPORATION (IMMR) is sell as both the short term and long term trends are negative.