IMMERSION CORPORATION (IMMR) Stock 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.
- 82% of all other stocks performed better in the past year 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 5.76 - 6.93 range, which is quite wide. It is currently trading near the lows of this range.
- IMMR is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 57% of 36 stocks in the same industry.
IMMR has a poor technical rating and the quality of the setup is also only medium 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
6.02
3 important resistance areas can be observed.
- A resistance zone ranging from 6.48 to 6.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.71 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 | 18.68 | NEGATIVE | IMMR has a low relative strength, it was outperformed by 81.32% 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) | 38.08 | 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) | 25.07 | 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) | 23.93 | NEUTRAL | The ADX value for IMMR suggests a possible start of a new trend. |
6.08
-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 38.0759. 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 -0.0596654, 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.