Taking everything into account, IMVT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMVT is showing a nice and steady performance.
Although IMVT 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
15.21
We found 4 important support areas.
- A support zone ranging from 23.90 to 24.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.27 to 22.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.76 from a trend line in the daily time frame.
- Support @15.36 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @26.42 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 | UP | POSITIVE | The long term trend for IMVT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMVT is up. |
| ChartMill Relative Strength | 91.39 | POSITIVE | IMVT has a high relative strength, it outperformed 91.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.63 | NEUTRAL | The RSI value for IMVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests IMVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.92 | OVERBOUGHT | The high Stochastics value suggests IMVT may be overbought. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for IMVT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.19 | POSITIVE | The high ADX value value for IMVT suggests a strong trend. |
26.18
-0.8 (-2.97%)
IMMUNOVANT INC / IMVT FAQ
Can you provide the ChartMill technical rating for IMMUNOVANT INC?
ChartMill assigns a technical rating of 9 / 10 to IMVT.
What is the trend direction for IMVT stock?
The current trend direction for IMMUNOVANT INC (IMVT) is Bullish.
What is the RSI signal for IMVT stock?
IMMUNOVANT INC (IMVT) has an RSI value of 63.6327. This indicates that the stock is currently neutral.
What is the MACD signal for IMVT stock?
The MACD indicator for IMMUNOVANT INC (IMVT) has a value of 0.262732, indicating a bearish trend.
What is the short term momentum for IMMUNOVANT INC (IMVT) stock?
The short term momentum for IMMUNOVANT INC (IMVT) is positive.