INTEGRATED MEDIA TECHNOLOGY (IMTE) Stock Technical Analysis
NASDAQ:IMTE - AU000000ITL3 - Common Stock
0.95 USD
-0.03 (-3.26%)
0.9 USD
-0.05 (-5.26%)
Overall IMTE gets a technical rating of 0 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than IMTE.
IMTE is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 84% are performing better than IMTE.
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 0.92 - 1.20 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.
Although the technical rating is bad, IMTE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IMTE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.93
1.70
When analyzing the support we notice one important area.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @1.03 from a horizontal line in the daily time frame.
- Resistance @1.16 from a horizontal line in the daily time frame.
- Resistance @1.22 from a trend line in the weekly time frame.
- Resistance @1.24 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 | DOWN | NEGATIVE | The short term trend for IMTE is down. |
| ChartMill Relative Strength | 8.62 | NEGATIVE | IMTE has a low relative strength, it was outperformed by 91.38% 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) | 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) | 41.27 | 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) | 30.95 | NEUTRAL | The Stochastics value for IMTE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.23 | HIGH VOLATILITY | The high ATR as a percentage value for IMTE suggests high volalility. |
| Average Directional Index/ADX (14) | 12.12 | NEGATIVE | The low ADX value for IMTE suggests a weak or negative 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)
0.95
-0.03 (-3.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.26%
1 Week-1.61%
2 Weeks-5.94%
1 Month-12.04%
3 Month-14.1%
6 Month-21.49%
12 Month-34.48%
2 Year-65.01%
3 Year-93.21%
5 Year-97.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.23%
ATR Inc-13.34%
Range Today0.03
ADR(20)0.07
ADR(20)%7.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.62
Mansfield-2.92
10 Day High1.03
10 Day Low0.95
20 Day High1.2
20 Day Low0.92
52 Week High3.17
52 Week Low0.51
CS1 End0.94
CR1 Start1.03
Volume & EV
DER(3)1.1%
DER(5)3.26%
Volume11.60K
Volume Incr-74.47%
Vol(5)13.10K
Vol(50)80.02K