IMMUNOVANT INC (IMVT) Stock Technical Analysis
NASDAQ:IMVT - Nasdaq - US45258J1025 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to IMVT. Recently some decent action could be observed, but in the medium term time frame this is still negative. IMVT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, IMVT is a bad performer in the overall market: 83% 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. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month IMVT has a been trading in the 15.11 - 19.06 range, which is quite wide. It is currently trading near the high of this range.
IMVT has an average volume of 1266060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IMVT is an average performer in the Biotechnology industry, it outperforms 49% of 558 stocks in the same industry.
IMVT has an average technical rating and it also does not offer a high 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
14.44
23.01
We found 3 important support areas.
- A support zone ranging from 17.49 to 17.54. 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 16.78 to 17.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.59 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.29 to 18.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.78 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for IMVT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMVT is up. |
| ChartMill Relative Strength | 17.17 | NEGATIVE | IMVT has a low relative strength, it was outperformed by 82.83% 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) | DOWN | NEGATIVE | The current price of IMVT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.69 | NEUTRAL | The RSI value for IMVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests IMVT has a positive trend. |
| Stochastics (14,3) | 65.62 | NEUTRAL | The Stochastics value for IMVT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for IMVT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.87 | POSITIVE | The high ADX value value for IMVT suggests a strong trend. |
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)
18.28
+0.47 (+2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.64%
1 Week4.46%
2 Weeks8.74%
1 Month19.4%
3 Month20.66%
6 Month-23.39%
12 Month-34.64%
2 Year-19.93%
3 Year343.69%
5 Year-19.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%4.15%
ATR Inc-31.42%
Range Today0.57
ADR(20)0.74
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.17
Mansfield-2.69
10 Day High19.06
10 Day Low16.26
20 Day High19.06
20 Day Low15.11
52 Week High34.47
52 Week Low12.72
CS1 End17.54
CR1 Start18.29
Volume & EV
DER(3)1.37%
DER(5)0.11%
Volume915.42K
Volume Incr-2.36%
Vol(5)1.28M
Vol(50)1.27M