INMED PHARMACEUTICALS INC (INM) Stock Technical Analysis
NASDAQ:INM • CA4576377002
Taking everything into account, INM scores 0 out of 10 in our technical rating. INM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than INM.
- INM is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 79% are performing better than INM.
- 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 0.85 - 1.14 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of INM 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
0.85
3 important resistance areas can be observed.
- Resistance @0.89 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.39 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for INM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INM is down. |
| ChartMill Relative Strength | 5.04 | NEGATIVE | INM has a low relative strength, it was outperformed by 94.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INM is below 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) | 32.15 | NEUTRAL | The RSI value for INM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests INM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.54 | OVERSOLD | The low Stochastics value suggests INM may be oversold. |
| Average True Range in percent/ATR (20) | 7.4 | HIGH VOLATILITY | The high ATR as a percentage value for INM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for INM suggests a weak or negative trend. |
NASDAQ:INM (2/20/2026, 8:00:01 PM)
0.86
0 (0%)
INMED PHARMACEUTICALS INC / INM 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.
Can you provide the RSI signal for INMED PHARMACEUTICALS INC?
INMED PHARMACEUTICALS INC (INM) has an RSI value of 32.1454. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INMED PHARMACEUTICALS INC?
The MACD indicator for INMED PHARMACEUTICALS INC (INM) has a value of -0.00719648, indicating a bearish trend.
Can you provide the short term momentum for INMED PHARMACEUTICALS INC?
The short term momentum for INMED PHARMACEUTICALS INC (INM) is negative.