INTEGRATED MEDIA TECHNOLOGY (IMTE) Stock Technical Analysis
USA - NASDAQ:IMTE - AU000000ITL3 - Common Stock
1.05 USD
+0.01 (+0.96%)
1.02 USD
-0.03 (-2.86%)
Overall IMTE gets a technical rating of 1 out of 10. IMTE'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, IMTE is a bad performer in the overall market: 89% of all stocks are doing better.
IMTE is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 82% of 124 stocks in the same industry do better.
IMTE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IMTE has a been trading in the 0.96 - 1.38 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
IMTE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.04, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.97
1.70
2 important support areas can be observed.
- A support zone ranging from 1.02 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.98 to 0.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.10 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.16 from a horizontal line in the daily time frame.
- Resistance @1.18 from a trend line in the daily time frame.
- Resistance @1.68 from a horizontal line in the weekly 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 IMTE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMTE is neutral. |
| ChartMill Relative Strength | 11.55 | NEGATIVE | IMTE has a low relative strength, it was outperformed by 88.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMTE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMTE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMTE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.46 | NEUTRAL | The RSI value for IMTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IMTE has a negative trend. |
| Stochastics (14,3) | 23.5 | NEUTRAL | The Stochastics value for IMTE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.4 | HIGH VOLATILITY | The high ATR as a percentage value for IMTE suggests high volalility. |
| Average Directional Index/ADX (14) | 33.61 | POSITIVE | The high ADX value value for IMTE suggests a strong 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)
1.05
+0.01 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.96%
1 Week-6.1%
2 Weeks3.74%
1 Month-4.36%
3 Month-25.15%
6 Month-18.02%
12 Month-16.02%
2 Year-58.17%
3 Year-85.42%
5 Year-97.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%10.4%
ATR Inc-55.68%
Range Today0.05
ADR(20)0.11
ADR(20)%10.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.55
Mansfield-2.2
10 Day High1.29
10 Day Low0.97
20 Day High1.38
20 Day Low0.96
52 Week High3.17
52 Week Low0.51
CS1 End1.04
CR1 Start1.1
Volume & EV
DER(3)-19.78%
DER(5)-13.23%
Volume45.47K
Volume Incr-95.72%
Vol(5)50.64K
Vol(50)497.50K