IMUNON INC (IMNN) Technical Analysis
NASDAQ:IMNN • US15117N7012
Current stock price
IMNN Technical Rating and Analysis
Overall IMNN gets a technical rating of 0 out of 10. IMNN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than IMNN.
- IMNN is one of the lesser performing stocks in the Biotechnology industry. 81% of 519 stocks in the same industry do better.
- IMNN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so IMNN is lagging the market.
- In the last month IMNN has a been trading in the 2.99 - 3.59 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.
- Considerably lower volume is observed in the last couple of days.
IMNN Weekly and Daily overview Charts
IMNN Setup Rating and Analysis
IMNN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
IMNN Support and Resistance Analysis
2.96
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.15 to 3.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.37 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.46 to 3.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IMNN Technical Indicator Signal Analysis
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 IMNN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMNN is down. |
| ChartMill Relative Strength | 5.39 | NEGATIVE | IMNN has a low relative strength, it was outperformed by 94.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMNN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMNN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMNN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.01 | NEUTRAL | The RSI value for IMNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IMNN has a negative trend. |
| Stochastics (14,3) | 13.22 | OVERSOLD | The low Stochastics value suggests IMNN may be oversold. |
| Average True Range in percent/ATR (20) | 7.22 | HIGH VOLATILITY | The high ATR as a percentage value for IMNN suggests high volalility. |
| Average Directional Index/ADX (14) | 10.39 | NEGATIVE | The low ADX value for IMNN suggests a weak or negative trend. |
IMNN Chart- and CandleStick Pattern Analysis
IMNN Technicals: Chart, Performance Metrics, Trend & Indicators
2.99
-0.15 (-4.78%)
IMUNON INC / IMNN TA FAQ
Can you provide the ChartMill technical rating for IMUNON INC?
ChartMill assigns a technical rating of 0 / 10 to IMNN.
What is the trend direction for IMNN stock?
The current trend direction for IMUNON INC (IMNN) is Bearish.
What is the RSI signal for IMUNON INC (IMNN) stock?
IMUNON INC (IMNN) has an RSI value of 37.0082. This indicates that the stock is currently neutral.
What is the buy/sell signal for IMNN stock?
The buy/sell signal for IMUNON INC (IMNN) is sell as both the short term and long term trends are negative.
What is the support and resistance level for IMNN stock?
IMUNON INC (IMNN) has a resistance level at 3.15. Check the full technical report for our detailed analysis of IMNN support and resistance levels.