INTEGRATED MEDIA TECHNOLOGY (IMTE)       0.76  +0.01 (+1.33%)

0.76  +0.01 (+1.33%)

AU000000ITL3 - Common Stock

Technical Rating

3

Taking everything into account, IMTE scores 3 out of 10 in our technical rating. In the past year, IMTE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.



In the last month IMTE has a been trading in the 0.64 - 0.90 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.
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: 92% of all stocks are doing better.
IMTE is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 84% of 125 stocks in the same industry do better.
IMTE is currently trading near the lower end of its 52 week range, which is not a good sign. IMTE is lagging the S&P500 Index which is trading in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 4.52% 13.65% -49.49% -90.03% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 8.61 0.5563 - 38.478
IMTE Weekly chart
IMTE Daily chart

Support/Resistance Analysis


0.60

0.87
When analyzing the support we can see 4 important areas.
  • A support zone ranging from 0.74 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.66 from a trend line in the daily time frame.
  • A support zone ranging from 0.63 to 0.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
  • A resistance zone ranging from 0.79 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.83 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 0.86 to 0.86. This zone is formed by a combination of multiple trend lines in the daily time frame.

Setup Analysis

Setup Rating

5

Although the technical rating is bad, IMTE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.74, a Stop Loss order could be placed below this zone.


IMTE Daily chart

INTEGRATED MEDIA TECHNOLOGY0.76

NASDAQ:IMTE (1/30/2023, 10:43:44 AM)+0.01 (+1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Information Technology
GICS Industry Electronic Equipment, Instruments & Components

Performance
Today 1.33% 1 Week -9.27%
2 Weeks -12.71% 1 Month 4.52%
3 Month 13.65% 6 Month -49.49%

Volatility
ATR(14) 0.07 ATR(20)% 9.36%
ATR Inc -32.51% Range Today 0.07

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 8.61 Mansfield -7.96
10 Day High 0.89 10 Day Low 0.67
20 Day High 0.9 20 Day Low 0.64
52 Week High 38.48 52 Week Low 0.56
CS1 End 0.74 CR1 Start 0.79

Volume & EV
DER(3) 1.77% DER(5) 1.07%
Volume 21.07K Volume Incr -30.94%
Vol(5) 112.06K Vol(50) 189.10K

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