NASDAQ:IMNM - Nasdaq - US45257U1088 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to IMNM. IMNM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
IMNM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.86. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for IMNM in the last couple of days, which is a good sign.
7.35
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 IMNM is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMNM is neutral. |
ChartMill Relative Strength | 16.31 | NEGATIVE | IMNM has a low relative strength, it was outperformed by 83.69% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMNM is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IMNM is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMNM is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 56.2 | NEUTRAL | The RSI value for IMNM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests IMNM has a positive trend. |
Stochastics (14,3) | 67.62 | NEUTRAL | The Stochastics value for IMNM is a neutral value. |
Average True Range in percent/ATR (20) | 6.61 | HIGH VOLATILITY | The high ATR as a percentage value for IMNM suggests high volalility. |
Average Directional Index/ADX (14) | 14.28 | NEGATIVE | The low ADX value for IMNM suggests a weak or negative trend. |
8.49
+0.03 (+0.35%)