Immunomedics Inc (IMMU) Stock Technical Analysis
NASDAQ:IMMU - Nasdaq -
Overall IMMU gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMMU is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, IMMU did better than 99% of all other stocks. On top of that, IMMU also shows a nice and consistent pattern of rising prices.
IMMU is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IMMU is leading the market.
IMMU has an average volume of 5468660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month IMMU has a been trading in a tight range between 84.84 and 87.93.
Although IMMU has an excellent technical rating, the quality of the presented setup is not ideal 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
39.57
88.75
When analyzing the support we can see 5 important areas.
- A support zone ranging from 84.92 to 87.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.20 from a trend line in the daily time frame.
- Support @45.66 from a trend line in the daily time frame.
- Support @41.21 from a horizontal line in the daily time frame.
- Support @39.97 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 87.87 to 87.87. 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 | UP | POSITIVE | The long term trend for IMMU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMMU is up. |
| ChartMill Relative Strength | 99.45 | POSITIVE | IMMU has a high relative strength, it outperformed 99.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMMU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMMU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMMU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.58 | OVERBOUGHT | The high RSI value suggests IMMU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.25 | NEGATIVE | The MACD value suggests IMMU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 99.14 | OVERBOUGHT | The high Stochastics value suggests IMMU may be overbought. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for IMMU suggests low volalility. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 87.88 | 85.66 | 2.22 (2.53%) | 25.00% |
| An entry @87.88. This is a Buy Stop order right above the resistance zone. | An exit @85.66. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.22 points, which is 2.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
87.86
+0.04 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week0.42%
2 Weeks2.48%
1 Month3%
3 Month113.2%
6 Month208.93%
12 Month442.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%0.45%
ATR Inc-48.2%
Range Today0.34
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.45
Mansfield14.36
10 Day High87.93
10 Day Low85.67
20 Day High87.93
20 Day Low84.84
52 Week High87.93
52 Week Low8.8
CS1 End87.21
CR1 Start87.87
Volume & EV
DER(3)5.77%
DER(5)2.28%
Volume15.32M
Volume Incr34.05%
Vol(5)6.45M
Vol(50)5.47M