IMMERSION CORPORATION (IMMR) Stock Technical Analysis
NASDAQ:IMMR - Nasdaq - US4525211078 - Common Stock - Currency: USD
Taking everything into account, IMMR scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, IMMR is a bad performer in the overall market: 87% of all stocks are doing better.
IMMR is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, of which 70% 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 6.76 - 7.66 range, which is quite wide. It is currently trading near the lows of this range.
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 support zone below the current price at 6.82, a Stop Loss order could be placed below this zone.
More info and screens
6.55
8.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.79 to 6.82. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- 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.
We can see 5 important resistance areas.
- A resistance zone ranging from 7.06 to 7.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.32 to 7.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.67 from a trend line in the daily time frame.
- Resistance @7.83 from a trend line in the weekly time frame.
- 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 | 13.24 | NEGATIVE | IMMR has a low relative strength, it was outperformed by 86.76% 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) | 40.15 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 38.06 | NEUTRAL | The Stochastics value for IMMR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for IMMR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | 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)
6.92
-0.07 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-1%
1 Week-5.59%
2 Weeks1.47%
1 Month-6.42%
3 Month-4.95%
6 Month-18.35%
12 Month-27.31%
2 Year-1.42%
3 Year16.11%
5 Year-27.23%
10 Year-40.29%
15 Year49.78%
Volatility
ATR(14)0.19
ATR(20)%2.97%
ATR Inc-14.08%
Range Today0.17
ADR(20)0.19
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.24
Mansfield-2.14
10 Day High7.37
10 Day Low6.84
20 Day High7.66
20 Day Low6.77
52 Week High10.72
52 Week Low6.47
CS1 End6.82
CR1 Start7.06
Volume & EV
DER(3)2.75%
DER(5)1.36%
Volume307.30K
Volume Incr0.73%
Vol(5)454.80K
Vol(50)471.57K