IMMATICS NV (IMTX) Stock Technical Analysis
NASDAQ:IMTX - Nasdaq - NL0015285941 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to IMTX. Recently some decent action could be observed, but in the medium term time frame this is still negative. IMTX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, IMTX is a bad performer in the overall market: 82% of all stocks are doing better.
IMTX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IMTX is lagging the market.
In the last month IMTX has a been trading in the 3.94 - 5.46 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
IMTX is part of the Biotechnology industry. There are 562 other stocks in this industry, IMTX did better than 61% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IMTX has only a medium 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 resistance zone just above the current price starting at 5.24. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for IMTX in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
4.50
12.68
2 important support areas can be observed.
- A support zone ranging from 4.83 to 4.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.55 to 4.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.24 to 5.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.37 to 5.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.55 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 IMTX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMTX is up. |
| ChartMill Relative Strength | 18.15 | NEGATIVE | IMTX has a low relative strength, it was outperformed by 81.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.25 | NEUTRAL | The RSI value for IMTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests IMTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.17 | NEUTRAL | The Stochastics value for IMTX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for IMTX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.5 | NEGATIVE | The low ADX value for IMTX 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)
5.11
-0.09 (-1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.73%
1 Week7.81%
2 Weeks20.52%
1 Month13.05%
3 Month11.09%
6 Month-32.67%
12 Month-56.32%
2 Year-48.23%
3 Year-29.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%7.54%
ATR Inc-62.43%
Range Today0.12
ADR(20)0.37
ADR(20)%7.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.15
Mansfield-3.98
10 Day High5.46
10 Day Low4.15
20 Day High5.46
20 Day Low3.94
52 Week High13.77
52 Week Low3.3
CS1 End4.9
CR1 Start5.24
Volume & EV
DER(3)6.97%
DER(5)8.51%
Volume375.00K
Volume Incr39.93%
Vol(5)721.60K
Vol(50)710.42K