We assign a technical rating of 0 out of 10 to IMRN. IMRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
IMRN has a poor technical rating and the quality of the setup is also not perfect 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.
1.49
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
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 | 26.56 | NEGATIVE | IMRN has a low relative strength, it was outperformed by 73.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IMRN is above 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) | 46.7 | NEUTRAL | The RSI value for IMRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IMRN has a positive trend. |
| Stochastics (14,3) | 87.89 | OVERBOUGHT | The high Stochastics value suggests IMRN may be overbought. |
| Average True Range in percent/ATR (20) | 8.03 | HIGH VOLATILITY | The high ATR as a percentage value for IMRN suggests high volalility. |
| Average Directional Index/ADX (14) | 30.07 | POSITIVE | The high ADX value value for IMRN suggests a strong trend. |
NASDAQ:IMRN (11/28/2025, 2:43:09 PM)
1.71
-0.04 (-2.29%)
ChartMill assigns a technical rating of 0 / 10 to IMRN.
The current trend direction for IMMURON LTD-SPON ADR (IMRN) is Bearish.
IMMURON LTD-SPON ADR (IMRN) has an RSI value of 46.6975. This indicates that the stock is currently neutral.
The MACD indicator for IMMURON LTD-SPON ADR (IMRN) has a value of 0.0271947, indicating a bearish trend.
The buy/sell signal for IMMURON LTD-SPON ADR (IMRN) is sell as both the short term and long term trends are negative.