We assign a technical rating of 2 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.
IMMR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.80, a Stop Loss order could be placed below this zone.
More info and screens
6.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.62 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.40 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.86 to 6.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.11 to 7.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.33 to 7.40. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for IMMR is up. |
| ChartMill Relative Strength | 21.16 | NEGATIVE | IMMR has a low relative strength, it was outperformed by 78.84% 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) | DOWN | MIXED | The current price of IMMR is above 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) | 52.55 | 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) | 58.53 | NEUTRAL | The Stochastics value for IMMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for IMMR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.88 | NEGATIVE | The low ADX value for IMMR suggests a weak or negative trend. |
6.8
+0.01 (+0.15%)
IMMERSION CORPORATION / IMMR FAQ
Can you provide the ChartMill technical rating for IMMERSION CORPORATION?
ChartMill assigns a technical rating of 2 / 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 52.5462. 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 0.0121547, indicating a bearish trend.
What is the buy/sell signal for IMMERSION CORPORATION (IMMR) stock?
The buy/sell signal for IMMERSION CORPORATION (IMMR) is hold as the short term and long term trends are mixed.