Taking everything into account, IMVT scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, IMVT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although IMVT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
15.17
We found 4 important support areas.
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 | 89.48 | POSITIVE | IMVT has a high relative strength, it outperformed 89.48% 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) | 69.51 | NEUTRAL | The RSI value for IMVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests IMVT has a positive trend. |
| Stochastics (14,3) | 70.22 | NEUTRAL | The Stochastics value for IMVT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for IMVT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.53 | NEUTRAL | The ADX value for IMVT suggests a possible start of a new trend. |
26.42
+1.61 (+6.49%)
ChartMill assigns a technical rating of 9 / 10 to IMVT.
The current trend direction for IMMUNOVANT INC (IMVT) is Bullish.
IMMUNOVANT INC (IMVT) has an RSI value of 69.5143. This indicates that the stock is currently neutral.
The MACD indicator for IMMUNOVANT INC (IMVT) has a value of 0.120386, indicating a bearish trend.
The short term momentum for IMMUNOVANT INC (IMVT) is positive.