IMMERSION CORPORATION (IMMR) Stock Technical Analysis
USA - NASDAQ:IMMR - US4525211078 - Common Stock
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.
Although the technical rating is bad, IMMR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.88, a Stop Loss order could be placed below this zone.
More info and screens
6.55
We found 2 important support areas.
- A support zone ranging from 6.79 to 6.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.62 to 6.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.01 to 7.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.29 to 7.61. 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 | 16.88 | NEGATIVE | IMMR has a low relative strength, it was outperformed by 83.12% 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) | 45.2 | NEUTRAL | The RSI value for IMMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IMMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.19 | NEUTRAL | The Stochastics value for IMMR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for IMMR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.46 | NEUTRAL | The ADX value for IMMR suggests a possible start of a new trend. |
6.95
+0.02 (+0.29%)
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 45.2028. This indicates that the stock is currently neutral.
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 support level at 6.88 and a resistance level at 7.01. Check the full technical report for our detailed analysis of IMMR support and resistance levels.