IMMURON LTD-SPON ADR (IMRN) Stock Technical Analysis
NASDAQ:IMRN • US45254U1016
We assign a technical rating of 0 out of 10 to IMRN. IMRN'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, IMRN is a bad performer in the overall market: 97% of all stocks are doing better.
- IMRN is part of the Biotechnology industry. There are 521 other stocks in this industry, of which 86% are performing better than IMRN.
- IMRN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- IMRN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
The technical rating of IMRN is bad and it also does not present a 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
0.71
2 important resistance areas can be observed.
- A resistance zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.76 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 | DOWN | NEGATIVE | The long term trend for IMRN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMRN is down. |
| ChartMill Relative Strength | 3.17 | NEGATIVE | IMRN has a low relative strength, it was outperformed by 96.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMRN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.97 | NEUTRAL | The RSI value for IMRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IMRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.9 | OVERSOLD | The low Stochastics value suggests IMRN may be oversold. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for IMRN suggests high volalility. |
| Average Directional Index/ADX (14) | 31.92 | POSITIVE | The high ADX value value for IMRN suggests a strong trend. |
NASDAQ:IMRN (2/19/2026, 8:08:25 PM)
0.722
+0 (+0.28%)
IMMURON LTD-SPON ADR / IMRN FAQ
What is the technical rating for IMRN stock?
ChartMill assigns a technical rating of 0 / 10 to IMRN.
What is the trend direction for IMRN stock?
The current trend direction for IMMURON LTD-SPON ADR (IMRN) is Bearish.
Can you provide the RSI signal for IMMURON LTD-SPON ADR?
IMMURON LTD-SPON ADR (IMRN) has an RSI value of 34.966. This indicates that the stock is currently neutral.
What is the short term momentum for IMRN stock?
The short term momentum for IMMURON LTD-SPON ADR (IMRN) is negative.
What are the support and resistance levels for IMMURON LTD-SPON ADR (IMRN) stock?
IMMURON LTD-SPON ADR (IMRN) has a resistance level at 0.73. Check the full technical report for our detailed analysis of IMRN support and resistance levels.