INTEGRATED MEDIA TECHNOLOGY (IMTE) Technical Analysis
NASDAQ:IMTE • AU000000ITL3
Current stock price
IMTE Technical Rating and Analysis
Overall IMTE gets a technical rating of 1 out of 10. IMTE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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: 90% of all stocks are doing better.
- IMTE is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 78% are performing better than IMTE.
- IMTE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IMTE is lagging the market.
- IMTE has an average volume of 1533990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month IMTE has a been trading in the 0.50 - 0.69 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.
IMTE Weekly and Daily overview Charts
IMTE Setup Rating and Analysis
IMTE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
IMTE Support and Resistance Analysis
0.56
We found 2 important support areas.
- Support @0.59 from a trend line in the daily time frame.
- Support @0.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.75 from a trend line in the weekly time frame.
- Resistance @0.80 from a trend line in the weekly time frame.
- Resistance @0.85 from a trend line in the daily time frame.
- Resistance @0.93 from a trend line in the daily time frame.
IMTE 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 | 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 | 10.52 | NEGATIVE | IMTE has a low relative strength, it was outperformed by 89.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMTE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMTE is below a declining 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) | 45.52 | NEUTRAL | The RSI value for IMTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IMTE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.96 | NEUTRAL | The Stochastics value for IMTE is a neutral value. |
| Average True Range in percent/ATR (20) | 13.96 | HIGH VOLATILITY | The high ATR as a percentage value for IMTE suggests high volalility. |
| Average Directional Index/ADX (14) | 11.49 | NEGATIVE | The low ADX value for IMTE suggests a weak or negative trend. |
IMTE Chart- and CandleStick Pattern Analysis
IMTE Technicals: Chart, Performance Metrics, Trend & Indicators
0.59
-0.05 (-8.4%)
INTEGRATED MEDIA TECHNOLOGY / IMTE TA FAQ
Can you provide the ChartMill technical rating for INTEGRATED MEDIA TECHNOLOGY?
ChartMill assigns a technical rating of 1 / 10 to IMTE.
What is the current trend direction of INTEGRATED MEDIA TECHNOLOGY (IMTE) stock?
The current trend direction for INTEGRATED MEDIA TECHNOLOGY (IMTE) is Bearish.
Can you provide the RSI signal for INTEGRATED MEDIA TECHNOLOGY?
INTEGRATED MEDIA TECHNOLOGY (IMTE) has an RSI value of 45.5242. This indicates that the stock is currently neutral.
What is the support and resistance level for IMTE stock?
INTEGRATED MEDIA TECHNOLOGY (IMTE) has a support level at 0.59 and a resistance level at 0.65. Check the full technical report for our detailed analysis of IMTE support and resistance levels.