CHIPMOS TECHNOLOGIES INC-ADR (IMOS) Technical Analysis
NASDAQ:IMOS • US16965P2020
Current stock price
IMOS Technical Rating and Analysis
Overall IMOS gets a technical rating of 7 out of 10. In the last year, IMOS was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month IMOS has a been trading in the 34.20 - 41.50 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, IMOS did better than 94% of all other stocks. We also observe that the gains produced by IMOS over the past year are nicely spread over this period.
- IMOS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IMOS is performing more or less in line with the market.
- IMOS is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, IMOS did better than 67% of them.
- Volume is considerably higher in the last couple of days.
IMOS Weekly and Daily overview Charts
IMOS Setup Rating and Analysis
IMOS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 36.01, a Stop Loss order could be placed below this zone.
More info and screens
IMOS Support and Resistance Analysis
34.86
We found 1 important support area.
- A support zone ranging from 35.21 to 36.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 36.89 to 36.93. 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 37.92 to 38.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @40.94 from a horizontal line in the daily time frame.
- Resistance @44.66 from a horizontal line in the daily time frame.
IMOS 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 | UP | POSITIVE | The long term trend for IMOS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMOS is neutral. |
| ChartMill Relative Strength | 94.18 | POSITIVE | IMOS has a high relative strength, it outperformed 94.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMOS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMOS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.64 | NEUTRAL | The RSI value for IMOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests IMOS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.44 | NEUTRAL | The Stochastics value for IMOS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for IMOS suggests high volalility. |
| Average Directional Index/ADX (14) | 12.31 | NEGATIVE | The low ADX value for IMOS suggests a weak or negative trend. |
IMOS Chart- and CandleStick Pattern Analysis
IMOS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.94 | 35.20 | 1.74 (4.71%) | 21.23% |
| An entry @36.94. This is a Buy Stop order right above the resistance zone. | An exit @35.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.74 points, which is 4.71%. | When investing 21.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IMOS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IMOS Technicals: Chart, Performance Metrics, Trend & Indicators
36.71
+0.81 (+2.26%)
CHIPMOS TECHNOLOGIES INC-ADR / IMOS TA FAQ
Can you provide the ChartMill technical rating for CHIPMOS TECHNOLOGIES INC-ADR?
ChartMill assigns a technical rating of 7 / 10 to IMOS.
What is the trend direction for IMOS stock?
The current trend direction for CHIPMOS TECHNOLOGIES INC-ADR (IMOS) is Bullish.
What is the RSI signal for CHIPMOS TECHNOLOGIES INC-ADR (IMOS) stock?
CHIPMOS TECHNOLOGIES INC-ADR (IMOS) has an RSI value of 46.6442. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CHIPMOS TECHNOLOGIES INC-ADR?
The MACD indicator for CHIPMOS TECHNOLOGIES INC-ADR (IMOS) has a value of -0.395201, indicating a bearish trend.
What is the short term momentum for CHIPMOS TECHNOLOGIES INC-ADR (IMOS) stock?
The short term momentum for CHIPMOS TECHNOLOGIES INC-ADR (IMOS) is neutral.