IMMUNOVANT INC (IMVT) Technical Analysis
NASDAQ:IMVT • US45258J1025
Current stock price
IMVT Technical Rating and Analysis
Taking everything into account, IMVT scores 1 out of 10 in our technical rating. IMVT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month IMVT has a been trading in the 23.00 - 29.25 range, which is quite wide. It is currently trading near the lows of this range.
- IMVT has an average volume of 1311350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, IMVT turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- IMVT is an average performer in the Biotechnology industry, it outperforms 53% of 517 stocks in the same industry.
- IMVT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IMVT is lagging the market slightly.
IMVT Weekly and Daily overview Charts
IMVT Setup Rating and Analysis
The technical rating of IMVT 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
IMVT Support and Resistance Analysis
15.74
When analyzing the support we notice one important area.
- Support @15.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 23.60 to 23.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.10 to 25.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.48 to 27.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
IMVT 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 | NEUTRAL | NEUTRAL | The long term trend for IMVT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMVT is down. |
| ChartMill Relative Strength | 57.91 | NEUTRAL | IMVT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMVT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMVT is below a declining 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) | 32.92 | NEUTRAL | The RSI value for IMVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests IMVT has a negative trend. |
| Stochastics (14,3) | 11.92 | OVERSOLD | The low Stochastics value suggests IMVT may be oversold. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for IMVT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.06 | NEGATIVE | The low ADX value for IMVT suggests a weak or negative trend. |
IMVT Chart- and CandleStick Pattern Analysis
IMVT Technicals: Chart, Performance Metrics, Trend & Indicators
22.98
-0.67 (-2.83%)
IMMUNOVANT INC / IMVT TA FAQ
Can you provide the ChartMill technical rating for IMMUNOVANT INC?
ChartMill assigns a technical rating of 1 / 10 to IMVT.
What is the current trend direction of IMMUNOVANT INC (IMVT) stock?
The current trend direction for IMMUNOVANT INC (IMVT) is Bearish.
What is the RSI signal for IMVT stock?
IMMUNOVANT INC (IMVT) has an RSI value of 32.9185. This indicates that the stock is currently neutral.
What is the MACD signal for IMMUNOVANT INC (IMVT) stock?
The MACD indicator for IMMUNOVANT INC (IMVT) has a value of -0.3436, indicating a bearish trend.