IMMUNOVANT INC (IMVT) Stock Technical Analysis
NASDAQ:IMVT - Nasdaq - US45258J1025 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to IMVT. IMVT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, IMVT is a bad performer in the overall market: 87% of all stocks are doing better.
IMVT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month IMVT has a been trading in the 12.72 - 16.58 range, which is quite wide. It is currently trading near the high of this range.
IMVT has an average volume of 1856050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IMVT is part of the Biotechnology industry. There are 566 other stocks in this industry, IMVT did better than 48% 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.
IMVT has a poor technical rating and the quality of the setup is also not perfect 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
14.10
25.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.88 to 14.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.24 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @16.68 from a trend line in the daily time frame.
- Resistance @25.53 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.01
Mansfield-3.54
10 Day High16.41
10 Day Low14.01
20 Day High16.58
20 Day Low12.72
52 Week High34.47
52 Week Low12.72
Performance
1 Week11.76%
2 Weeks4.43%
1 Month6.25%
3 Month-25.71%
6 Month-45.05%
12 Month-44.04%
2 Year0.06%
3 Year250.33%
5 Year-12.98%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.3
RSI(14)51.41
LBB14.02
UBB15.99
16.15
+0.93 (+6.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg6.11%
1 Week11.76%
2 Weeks4.43%
1 Month6.25%
3 Month-25.71%
6 Month-45.05%
12 Month-44.04%
2 Year0.06%
3 Year250.33%
5 Year-12.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%7.33%
ATR Inc3.02%
Range Today1.56
ADR(20)1.16
ADR(20)%7.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.01
Mansfield-3.54
10 Day High16.41
10 Day Low14.01
20 Day High16.58
20 Day Low12.72
52 Week High34.47
52 Week Low12.72
CS1 End14.97
CR1 Start16.68
Volume & EV
DER(3)-0.36%
DER(5)0.37%
Volume1.64M
Volume Incr-43.02%
Vol(5)1.27M
Vol(50)1.86M