IMMIX BIOPHARMA INC (IMMX) Stock Technical Analysis
NASDAQ:IMMX - Nasdaq - US45258H1068 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to IMMX. In the last year, IMMX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month IMMX has a been trading in the 2.35 - 3.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that IMMX is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by IMMX over the past year are nicely spread over this period.
IMMX is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 551 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
IMMX has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.52
2.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.38 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.22 from a trend line in the daily time frame.
- Support @1.95 from a horizontal line in the daily time frame.
- Support @1.54 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.40 to 2.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.81 to 2.81. 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 IMMX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMMX is down. |
| ChartMill Relative Strength | 77.81 | POSITIVE | IMMX has a high relative strength, it outperformed 77.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IMMX is below the rising 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) | 41.58 | NEUTRAL | The RSI value for IMMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IMMX has a negative trend. |
| Stochastics (14,3) | 7.66 | OVERSOLD | The low Stochastics value suggests IMMX may be oversold. |
| Average True Range in percent/ATR (20) | 10.13 | HIGH VOLATILITY | The high ATR as a percentage value for IMMX suggests high volalility. |
| Average Directional Index/ADX (14) | 30 | POSITIVE | The high ADX value value for IMMX suggests a strong 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)
2.39
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-9.81%
2 Weeks-11.81%
1 Month-9.81%
3 Month14.35%
6 Month18.91%
12 Month22.56%
2 Year17.73%
3 Year31.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%10.13%
ATR Inc-8.59%
Range Today0.12
ADR(20)0.24
ADR(20)%10.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.81
Mansfield0.94
10 Day High2.95
10 Day Low2.35
20 Day High3.2
20 Day Low2.35
52 Week High3.2
52 Week Low1.26
CS1 End2.38
CR1 Start2.4
Volume & EV
DER(3)-16.55%
DER(5)-12.23%
Volume118.00K
Volume Incr79.47%
Vol(5)395.94K
Vol(50)252.62K