INMB Technical Analysis - INMUNE BIO INC

Technical Rating and Analysis

Taking everything into account, INMB scores 0 out of 10 in our technical rating. INMB 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.

When comparing the yearly performance of all stocks, INMB is a bad performer in the overall market: 99% of all stocks are doing better.

INMB is one of the lesser performing stocks in the Biotechnology industry. 89% of 541 stocks in the same industry do better.

INMB 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 INMB has a been trading in the 1.71 - 2.44 range, which is quite wide. It is currently trading near the lows of this range.

INMB has an average volume of 1747130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

INMUNE BIO INC / INMB Weekly stock chart

Setup Rating and Analysis

INMB has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.88

2.04

We found 1 important resistance area.

A resistance zone ranging from 2.00 to 2.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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 INMB is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for INMB is down.
ChartMill Relative Strength	1.2	NEGATIVE	INMB has a low relative strength, it was outperformed by 98.8% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of INMB is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of INMB is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of INMB is below a declining SMA(200).
Relative Strength Index/RSI (14)	38.57	NEUTRAL	The RSI value for INMB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.04	POSITIVE	The MACD value suggests INMB has a positive trend, although the MACD value is declining.
Stochastics (14,3)	51.74	NEUTRAL	The Stochastics value for INMB is a neutral value.
Average True Range in percent/ATR (20)	7.19	HIGH VOLATILITY	The high ATR as a percentage value for INMB suggests high volalility.
Average Directional Index/ADX (14)	15.95	NEGATIVE	The low ADX value for INMB suggests a weak or negative trend.