IMMIX BIOPHARMA INC (IMMX) Stock Technical Analysis
NASDAQ:IMMX • US45258H1068
Overall IMMX 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, IMMX is showing a nice and steady performance.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that IMMX is one of the better performing stocks in the market, outperforming 99% 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 95% of 521 stocks in the same industry.
- IMMX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month IMMX has a been trading in the 5.07 - 8.45 range, which is quite wide. It is currently trading near the high of this range.
- IMMX has an average volume of 1005790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although IMMX has an excellent technical rating, it does not offer a high quality setup 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
4.88
We found 3 important support areas.
- Support @5.76 from a trend line in the weekly time frame.
- Support @5.42 from a trend line in the daily time frame.
- Support @4.93 from a trend 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 | UP | POSITIVE | The long term trend for IMMX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMMX is up. |
| ChartMill Relative Strength | 99.09 | POSITIVE | IMMX has a high relative strength, it outperformed 99.09% 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) | UP | POSITIVE | The current price of IMMX is above 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) | 71.6 | OVERBOUGHT | The high RSI value suggests IMMX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests IMMX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.43 | OVERBOUGHT | The high Stochastics value suggests IMMX may be overbought. |
| Average True Range in percent/ATR (20) | 7.36 | HIGH VOLATILITY | The high ATR as a percentage value for IMMX suggests high volalility. |
| Average Directional Index/ADX (14) | 38.59 | POSITIVE | The high ADX value value for IMMX suggests a strong trend. |
8.17
+0.17 (+2.12%)
IMMIX BIOPHARMA INC / IMMX FAQ
What is the technical rating for IMMX stock?
ChartMill assigns a technical rating of 10 / 10 to IMMX.
What is the current trend direction of IMMIX BIOPHARMA INC (IMMX) stock?
The current trend direction for IMMIX BIOPHARMA INC (IMMX) is Bullish.
What is the RSI signal for IMMIX BIOPHARMA INC (IMMX) stock?
IMMIX BIOPHARMA INC (IMMX) has an RSI value of 71.6049. This indicates that the stock is currently overbought.
What is the buy/sell signal for IMMIX BIOPHARMA INC (IMMX) stock?
The buy/sell signal for IMMIX BIOPHARMA INC (IMMX) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for IMMIX BIOPHARMA INC (IMMX) stock?
IMMIX BIOPHARMA INC (IMMX) has a support level at 5.76. Check the full technical report for our detailed analysis of IMMX support and resistance levels.