INMED PHARMACEUTICALS INC (INM) Technical Analysis
NASDAQ:INM • CA4576377002
Current stock price
INM Technical Rating and Analysis
Overall INM gets a technical rating of 0 out of 10. INM'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.
- 97% of all other stocks performed better in the past year than INM.
- INM is one of the lesser performing stocks in the Pharmaceuticals industry. 80% of 191 stocks in the same industry do better.
- INM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month INM has a been trading in the 0.57 - 0.76 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
INM Weekly and Daily overview Charts
INM Setup Rating and Analysis
Although the technical rating is bad, INM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.70, a Stop Loss order could be placed below this zone.
More info and screens
INM Support and Resistance Analysis
0.63
3 important support areas can be observed.
- A support zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.68 to 0.70. 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 0.64 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
INM 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 | DOWN | NEGATIVE | The long term trend for INM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INM is neutral. |
| ChartMill Relative Strength | 3.76 | NEGATIVE | INM has a low relative strength, it was outperformed by 96.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of INM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.68 | NEUTRAL | The RSI value for INM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests INM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.53 | OVERBOUGHT | The high Stochastics value suggests INM may be overbought. |
| Average True Range in percent/ATR (20) | 7.69 | HIGH VOLATILITY | The high ATR as a percentage value for INM suggests high volalility. |
| Average Directional Index/ADX (14) | 28.57 | POSITIVE | The high ADX value value for INM suggests a strong trend. |
INM Chart- and CandleStick Pattern Analysis
INM Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:INM (4/22/2026, 11:24:11 AM)
0.7363
+0.01 (+2.08%)
INMED PHARMACEUTICALS INC / INM TA FAQ
What is the ChartMill technical rating of INMED PHARMACEUTICALS INC (INM) stock?
ChartMill assigns a technical rating of 0 / 10 to INM.
What is the trend direction for INM stock?
The current trend direction for INMED PHARMACEUTICALS INC (INM) is Bearish.
What is the RSI signal for INMED PHARMACEUTICALS INC (INM) stock?
INMED PHARMACEUTICALS INC (INM) has an RSI value of 47.6834. This indicates that the stock is currently neutral.
What is the MACD signal for INMED PHARMACEUTICALS INC (INM) stock?
The MACD indicator for INMED PHARMACEUTICALS INC (INM) has a value of 0.0136331, indicating a bearish trend.
What is the support and resistance level for INM stock?
INMED PHARMACEUTICALS INC (INM) has a support level at 0.7 and a resistance level at 0.73. Check the full technical report for our detailed analysis of INM support and resistance levels.