INMUNE BIO INC (INMB) Technical Analysis
NASDAQ:INMB • US45782T1051
Current stock price
INMB Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to INMB. Recently some decent action could be observed, but in the medium term time frame this is still negative. INMB was also a bad performer in the overall market in the last year.
- 96% of all other stocks performed better in the past year than INMB.
- INMB is one of the lesser performing stocks in the Biotechnology industry. 82% of 516 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month INMB has a been trading in the 1.09 - 1.49 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
INMB Weekly and Daily overview Charts
INMB Setup Rating and Analysis
The technical rating of INMB 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
INMB Support and Resistance Analysis
1.22
We found 1 important support area.
- Support @1.23 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.46 from a horizontal line in the weekly time frame.
- Resistance @1.50 from a horizontal line in the daily time frame.
INMB 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 | UP | POSITIVE | The short term trend for INMB is up. |
| ChartMill Relative Strength | 4.85 | NEGATIVE | INMB has a low relative strength, it was outperformed by 95.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INMB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INMB is above 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) | 58.4 | NEUTRAL | The RSI value for INMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests INMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.27 | OVERBOUGHT | The high Stochastics value suggests INMB may be overbought. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for INMB suggests high volalility. |
| Average Directional Index/ADX (14) | 13.81 | NEGATIVE | The low ADX value for INMB suggests a weak or negative trend. |
INMB Chart- and CandleStick Pattern Analysis
INMB Technicals: Chart, Performance Metrics, Trend & Indicators
1.43
+0.06 (+4.38%)
INMUNE BIO INC / INMB TA FAQ
What is the ChartMill technical rating of INMUNE BIO INC (INMB) stock?
ChartMill assigns a technical rating of 2 / 10 to INMB.
What is the trend direction for INMB stock?
The current trend direction for INMUNE BIO INC (INMB) is Bearish.
Can you provide the RSI signal for INMUNE BIO INC?
INMUNE BIO INC (INMB) has an RSI value of 58.3959. This indicates that the stock is currently neutral.
What is the MACD signal for INMB stock?
The MACD indicator for INMUNE BIO INC (INMB) has a value of 0.0288754, indicating a bearish trend.
Can you provide the support and resistance levels for INMUNE BIO INC?
INMUNE BIO INC (INMB) has a support level at 1.23 and a resistance level at 1.46. Check the full technical report for our detailed analysis of INMB support and resistance levels.