IMMIX BIOPHARMA INC (IMMX) Stock Technical Analysis
USA - NASDAQ:IMMX - US45258H1068 - Common Stock
2.5 USD
-0.08 (-3.1%)
2.52 USD
+0.02 (+0.8%)
Taking everything into account, IMMX scores 7 out of 10 in our technical rating. IMMX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that IMMX is one of the better performing stocks in the market, outperforming 88% of all stocks.
IMMX is part of the Biotechnology industry. There are 536 other stocks in this industry. IMMX outperforms 71% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
IMMX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMMX is lagging the market.
In the last month IMMX has a been trading in the 1.94 - 2.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although IMMX has an excellent technical rating, it does not present a decent entry opportunity 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
1.53
2.62
We found 4 important support areas.
- A support zone ranging from 2.24 to 2.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.04 to 2.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.95 from a horizontal line in the daily time frame.
- Support @1.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.59 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 | NEUTRAL | NEUTRAL | The long term trend for IMMX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMMX is up. |
| ChartMill Relative Strength | 88.15 | POSITIVE | IMMX has a high relative strength, it outperformed 88.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMMX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IMMX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.09 | NEUTRAL | The RSI value for IMMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests IMMX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.74 | NEUTRAL | The Stochastics value for IMMX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for IMMX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for IMMX suggests a possible start of a new 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)
2.5
-0.08 (-3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.1%
1 Week21.36%
2 Weeks20.19%
1 Month19.05%
3 Month-5.66%
6 Month59.74%
12 Month72.41%
2 Year-30.94%
3 Year150%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%7.53%
ATR Inc67.69%
Range Today0.3
ADR(20)0.18
ADR(20)%7.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.15
Mansfield1.1
10 Day High2.82
10 Day Low1.99
20 Day High2.82
20 Day Low1.94
52 Week High3.2
52 Week Low1.34
CS1 End2.28
CR1 Start2.59
Volume & EV
DER(3)-8.54%
DER(5)-2.21%
Volume402.80K
Volume Incr486.66%
Vol(5)997.46K
Vol(50)287.81K