IMMUNEERING CORP - CLASS A (IMRX) Stock Technical Analysis
NASDAQ:IMRX • US45254E1073
Taking everything into account, IMRX scores 4 out of 10 in our technical rating. Although IMRX is scoring some points because its good overall performance in the market in the past year, 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, we notice that IMRX is one of the better performing stocks in the market, outperforming 95% of all stocks.
- IMRX is part of the Biotechnology industry. There are 523 other stocks in this industry. IMRX outperforms 85% of them.
- IMRX has an average volume of 1932340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- IMRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMRX is lagging the market.
- In the last month IMRX has a been trading in the 4.35 - 5.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
IMRX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.46
When analyzing the support we can see 2 important areas.
- Support @4.66 from a trend line in the daily time frame.
- A support zone ranging from 4.51 to 4.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @5.06 from a horizontal line in the daily time frame.
- Resistance @5.90 from a trend line in the weekly time frame.
- Resistance @8.01 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 IMRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMRX is down. |
| ChartMill Relative Strength | 95.12 | POSITIVE | IMRX has a high relative strength, it outperformed 95.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMRX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.03 | NEUTRAL | The RSI value for IMRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests IMRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.9 | NEUTRAL | The Stochastics value for IMRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.08 | HIGH VOLATILITY | The high ATR as a percentage value for IMRX suggests high volalility. |
| Average Directional Index/ADX (14) | 8.27 | NEGATIVE | The low ADX value for IMRX suggests a weak or negative trend. |
4.93
-0.03 (-0.6%)
IMMUNEERING CORP - CLASS A / IMRX FAQ
What is the ChartMill technical rating of IMMUNEERING CORP - CLASS A (IMRX) stock?
ChartMill assigns a technical rating of 4 / 10 to IMRX.
What is the trend direction for IMRX stock?
The current trend direction for IMMUNEERING CORP - CLASS A (IMRX) is Bearish.
What is the RSI signal for IMMUNEERING CORP - CLASS A (IMRX) stock?
IMMUNEERING CORP - CLASS A (IMRX) has an RSI value of 46.0326. This indicates that the stock is currently neutral.
What is the buy/sell signal for IMRX stock?
The buy/sell signal for IMMUNEERING CORP - CLASS A (IMRX) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for IMMUNEERING CORP - CLASS A?
IMMUNEERING CORP - CLASS A (IMRX) has a support level at 4.66 and a resistance level at 5.06. Check the full technical report for our detailed analysis of IMRX support and resistance levels.