IMMERSION CORPORATION (IMMR) Stock Technical Analysis
USA - NASDAQ:IMMR - US4525211078 - Common Stock
We assign a technical rating of 0 out of 10 to IMMR. IMMR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of IMMR is bad and it also does not present a quality setup 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.
More info and screens
6.14
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.67 to 6.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.11 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.33 to 7.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.02 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 | 16.77 | NEGATIVE | IMMR has a low relative strength, it was outperformed by 83.23% 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) | 29.65 | OVERSOLD | The low RSI value suggests IMMR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IMMR has a negative trend. |
| Stochastics (14,3) | 11.93 | OVERSOLD | The low Stochastics value suggests IMMR may be oversold. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for IMMR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.82 | POSITIVE | The high ADX value value for IMMR suggests a strong trend. |
6.2
-0.21 (-3.28%)
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 current trend direction of IMMERSION CORPORATION (IMMR) stock?
The current trend direction for IMMERSION CORPORATION (IMMR) is Bearish.
What is the RSI signal for IMMERSION CORPORATION (IMMR) stock?
IMMERSION CORPORATION (IMMR) has an RSI value of 29.651. This indicates that the stock is currently oversold.
What is the buy/sell signal for IMMR stock?
The buy/sell signal for IMMERSION CORPORATION (IMMR) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for IMMERSION CORPORATION (IMMR) stock?
IMMERSION CORPORATION (IMMR) has a resistance level at 6.67. Check the full technical report for our detailed analysis of IMMR support and resistance levels.