IMV Inc (IMV.CA) Technical Analysis
TSX:IMV • CA44974L3011
Current stock price
IMV.CA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to IMV. Recently some decent action could be observed, but in the medium term time frame this is still negative. IMV was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, IMV is a bad performer in the overall market: 100% of all stocks are doing better.
- IMV is part of the Biotechnology industry. There are 23 other stocks in this industry, of which 86% are performing better than IMV.
- IMV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IMV is lagging the market.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month IMV has a been trading in the 0.69 - 1.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IMV.CA Weekly and Daily overview Charts
IMV.CA Setup Rating and Analysis
The technical rating of IMV is bad and it also does not present a quality setup 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
IMV.CA Support and Resistance Analysis
0.70
When analyzing the support we notice one important area.
- Support @0.71 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.25 from a horizontal line in the daily time frame.
- Resistance @2.06 from a trend line in the weekly time frame.
IMV.CA Technical Indicator Signal Analysis
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 IMV.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMV.CA is up. |
| ChartMill Relative Strength | 0.89 | NEGATIVE | IMV.CA has a low relative strength, it was outperformed by 99.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMV.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IMV.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMV.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.81 | NEUTRAL | The RSI value for IMV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests IMV.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.18 | NEUTRAL | The Stochastics value for IMV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for IMV.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.25 | POSITIVE | The high ADX value value for IMV.CA suggests a strong trend. |
IMV.CA Chart- and CandleStick Pattern Analysis
IMV.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:IMV (4/28/2023, 7:00:00 PM)
1.12
-0.02 (-1.75%)
IMV Inc / IMV.CA TA FAQ
What is the ChartMill technical rating of IMV Inc (IMV.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to IMV.CA.
What is the current trend direction of IMV Inc (IMV.CA) stock?
The current trend direction for IMV Inc (IMV.CA) is Bearish.
What is the RSI signal for IMV Inc (IMV.CA) stock?
IMV Inc (IMV.CA) has an RSI value of 60.8144. This indicates that the stock is currently neutral.
What is the short term momentum for IMV Inc (IMV.CA) stock?
The short term momentum for IMV Inc (IMV.CA) is positive.
What is the buy/sell signal for IMV stock?
The buy/sell signal for IMV Inc (IMV.CA) is hold as the short term and long term trends are mixed.