CHIPMOS TECHNOLOGIES INC-ADR (IMOS) Stock Technical Analysis
NASDAQ:IMOS - Nasdaq - US16965P2020 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to IMOS. IMOS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IMOS is a bad performer in the overall market: 84% of all stocks are doing better.
IMOS is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 81% of 110 stocks in the same industry do better.
In the last month IMOS has a been trading in the 17.35 - 20.25 range, which is quite wide. It is currently trading near the lows of this range.
Warning: IMOS has an average volume of 21156 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
IMOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMOS is lagging the market.
Although the technical rating is bad, IMOS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
17.24
20.25
When analyzing the support we notice one important area.
- Support @17.41 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @17.70 from a trend line in the daily time frame.
- A resistance zone ranging from 18.13 to 18.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.75 to 18.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.63 to 19.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.05 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for IMOS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMOS is down. |
| ChartMill Relative Strength | 16.62 | NEGATIVE | IMOS has a low relative strength, it was outperformed by 83.38% 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) | UP | MIXED | The current price of IMOS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMOS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.5 | NEUTRAL | The RSI value for IMOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IMOS has a negative trend. |
| Stochastics (14,3) | 34.25 | NEUTRAL | The Stochastics value for IMOS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for IMOS suggests some volalility. |
| Average Directional Index/ADX (14) | 9.43 | NEGATIVE | The low ADX value for IMOS suggests a weak or negative 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)
17.69
-0.52 (-2.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.86%
1 Week1.61%
2 Weeks-3.86%
1 Month-5.1%
3 Month9.94%
6 Month-13.88%
12 Month-28.25%
2 Year-22.89%
3 Year-26.26%
5 Year-18.82%
10 Year7.47%
15 Year1087.25%
Volatility
ATR(14)0.58
ATR(20)%3.71%
ATR Inc-1.62%
Range Today0.44
ADR(20)0.52
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.62
Mansfield-1.75
10 Day High18.97
10 Day Low17.35
20 Day High20.25
20 Day Low17.35
52 Week High24.7
52 Week Low12.78
CS1 End17.41
CR1 Start17.7
Volume & EV
DER(3)-1.39%
DER(5)-5.67%
Volume17.00K
Volume Incr-29.27%
Vol(5)18.58K
Vol(50)21.16K