IMMUNIC INC (IMUX) Stock Technical Analysis
NASDAQ:IMUX • US4525EP1011
We assign a technical rating of 7 out of 10 to IMUX. IMUX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- IMUX has an average volume of 3182820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, IMUX turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- IMUX is an average performer in the Biotechnology industry, it outperforms 58% of 521 stocks in the same industry.
- IMUX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMUX is lagging the market.
- In the last month IMUX has a been trading in the 0.57 - 1.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although IMUX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.61
When analyzing the support we can see 2 important areas.
- Support @0.69 from a horizontal line in the daily time frame.
- Support @0.62 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for IMUX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMUX is up. |
| ChartMill Relative Strength | 61.19 | NEUTRAL | IMUX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMUX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMUX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IMUX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.81 | OVERBOUGHT | The high RSI value suggests IMUX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IMUX has a positive trend. |
| Stochastics (14,3) | 55.85 | NEUTRAL | The Stochastics value for IMUX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.4 | HIGH VOLATILITY | The high ATR as a percentage value for IMUX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.5 | POSITIVE | The high ADX value value for IMUX suggests a strong trend. |
0.9747
+0.1 (+11.13%)
IMMUNIC INC / IMUX FAQ
Can you provide the ChartMill technical rating for IMMUNIC INC?
ChartMill assigns a technical rating of 7 / 10 to IMUX.
Can you provide the trend direction for IMMUNIC INC?
The current trend direction for IMMUNIC INC (IMUX) is Bearish.
Can you provide the RSI signal for IMMUNIC INC?
IMMUNIC INC (IMUX) has an RSI value of 71.8071. This indicates that the stock is currently overbought.
Can you provide the MACD signal for IMMUNIC INC?
The MACD indicator for IMMUNIC INC (IMUX) has a value of 0.0314943, indicating a bearish trend.
What are the support and resistance levels for IMMUNIC INC (IMUX) stock?
IMMUNIC INC (IMUX) has a support level at 0.69 and a resistance level at 0.98. Check the full technical report for our detailed analysis of IMUX support and resistance levels.