IMMUNEERING CORP - CLASS A (IMRX) Technical Analysis
NASDAQ:IMRX • US45254E1073
Current stock price
IMRX Technical Rating and Analysis
Taking everything into account, IMRX scores 6 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.
- Looking at the yearly performance, IMRX did better than 96% of all other stocks. On top of that, IMRX also shows a nice and consistent pattern of rising prices.
- IMRX is one of the better performing stocks in the Biotechnology industry, it outperforms 87% of 519 stocks in the same industry.
- IMRX has an average volume of 1105880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- IMRX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IMRX is lagging the market slightly.
- In the last month IMRX has a been trading in the 4.67 - 5.82 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 Weekly and Daily overview Charts
IMRX Setup Rating and Analysis
IMRX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 4.94, a Stop Loss order could be placed below this zone.
More info and screens
IMRX Support and Resistance Analysis
4.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.89 to 4.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.77 from a horizontal line in the daily time frame.
- Support @4.67 from a trend line in the daily time frame.
- Support @4.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @5.34 from a horizontal line in the weekly time frame.
- Resistance @5.66 from a horizontal line in the daily time frame.
- Resistance @7.65 from a trend line in the daily time frame.
IMRX 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 | NEUTRAL | NEUTRAL | The long term trend for IMRX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMRX is neutral. |
| ChartMill Relative Strength | 96.51 | POSITIVE | IMRX has a high relative strength, it outperformed 96.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IMRX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IMRX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.68 | NEUTRAL | The RSI value for IMRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IMRX has a negative trend. |
| Stochastics (14,3) | 43.19 | NEUTRAL | The Stochastics value for IMRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for IMRX suggests high volalility. |
| Average Directional Index/ADX (14) | 11.35 | NEGATIVE | The low ADX value for IMRX suggests a weak or negative trend. |
IMRX Chart- and CandleStick Pattern Analysis
IMRX 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 |
|---|---|---|---|
| 5.35 | 4.88 | 0.47 (8.79%) | 11.38% |
| An entry @5.35. This is a Buy Stop order right above the resistance zone. | An exit @4.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.47 points, which is 8.79%. | When investing 11.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
IMRX Technicals: Chart, Performance Metrics, Trend & Indicators
4.96
-0.26 (-4.98%)
IMMUNEERING CORP - CLASS A / IMRX TA FAQ
What is the ChartMill technical rating of IMMUNEERING CORP - CLASS A (IMRX) stock?
ChartMill assigns a technical rating of 6 / 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 45.6775. This indicates that the stock is currently neutral.
What is the support and resistance level for IMRX stock?
IMMUNEERING CORP - CLASS A (IMRX) has a support level at 4.94 and a resistance level at 5.34. Check the full technical report for our detailed analysis of IMRX support and resistance levels.