Taking everything into account, IMTE scores 0 out of 10 in our technical rating. 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.
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 a resistance zone just above the current price starting at 0.96. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for IMTE in the last couple of days, which is a good sign.
0.70
4 important resistance areas can be observed.
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 | 10.31 | NEGATIVE | IMTE has a low relative strength, it was outperformed by 89.69% 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) | 39.26 | 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) | 10.17 | OVERSOLD | The low Stochastics value suggests IMTE may be oversold. |
| Average True Range in percent/ATR (20) | 19.5 | HIGH VOLATILITY | The high ATR as a percentage value for IMTE suggests high volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for IMTE suggests a weak or negative trend. |
0.708
+0.01 (+2.14%)
ChartMill assigns a technical rating of 0 / 10 to IMTE.
The current trend direction for INTEGRATED MEDIA TECHNOLOGY (IMTE) is Bearish.
INTEGRATED MEDIA TECHNOLOGY (IMTE) has an RSI value of 39.2556. This indicates that the stock is currently neutral.
The MACD indicator for INTEGRATED MEDIA TECHNOLOGY (IMTE) has a value of -0.0131446, indicating a bearish trend.
INTEGRATED MEDIA TECHNOLOGY (IMTE) has a resistance level at 0.96. Check the full technical report for our detailed analysis of IMTE support and resistance levels.