IMMERSION CORPORATION (IMMR) Stock Technical Analysis
NASDAQ:IMMR - Nasdaq - US4525211078 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to IMMR. 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.
92% of all other stocks performed better in the past year than IMMR.
IMMR is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, of which 77% are performing better than IMMR.
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 7.01 - 8.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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
6.72
8.18
We found 2 important support areas.
- A support zone ranging from 7.11 to 7.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.79 to 6.89. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.62 to 7.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.91 to 8.10. 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 | 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 | 8.79 | NEGATIVE | IMMR has a low relative strength, it was outperformed by 91.21% 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) | 43.31 | NEUTRAL | The RSI value for IMMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IMMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.35 | NEUTRAL | The Stochastics value for IMMR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for IMMR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.71 | 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)
7.46
+0.07 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.88%
1 Week-4.73%
2 Weeks-5.33%
1 Month-4.3%
3 Month0.67%
6 Month-11.92%
12 Month-44.78%
2 Year5.67%
3 Year32.04%
5 Year10.52%
10 Year-45.63%
15 Year34.9%
Volatility
ATR(14)0.25
ATR(20)%3.12%
ATR Inc-12.98%
Range Today0.23
ADR(20)0.22
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.79
Mansfield-1.86
10 Day High8
10 Day Low7.01
20 Day High8.15
20 Day Low7.01
52 Week High13.94
52 Week Low6.47
CS1 End7.28
CR1 Start7.62
Volume & EV
DER(3)4.21%
DER(5)1.68%
Volume513.00K
Volume Incr29.84%
Vol(5)632.10K
Vol(50)430.63K