Taking everything into account, IMTX scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMTX is showing a nice and steady performance.
IMTX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 9.04, a Stop Loss order could be placed below this zone.
More info and screens
5.84
3 important support areas can be observed.
- A support zone ranging from 8.93 to 9.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.23 to 6.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.90 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @10.70 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for IMTX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMTX is neutral. |
| ChartMill Relative Strength | 93.81 | POSITIVE | IMTX has a high relative strength, it outperformed 93.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMTX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IMTX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.01 | NEUTRAL | The RSI value for IMTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests IMTX has a negative trend. |
| Stochastics (14,3) | 11.15 | OVERSOLD | The low Stochastics value suggests IMTX may be oversold. |
| Average True Range in percent/ATR (20) | 7.94 | HIGH VOLATILITY | The high ATR as a percentage value for IMTX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.37 | POSITIVE | The high ADX value value for IMTX suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.71 | 9.74 | 0.97 (9.06%) | 11.04% |
| An entry @10.71. This is a Buy Stop order right above the resistance zone. | An exit @9.74. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.97 points, which is 9.06%. | For a 1.00% total portfolio risk, you can invest 11.04% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IMTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.04
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IMMATICS NV / IMTX FAQ
What is the technical rating for IMTX stock?
ChartMill assigns a technical rating of 8 / 10 to IMTX.
What is the current trend direction of IMMATICS NV (IMTX) stock?
The current trend direction for IMMATICS NV (IMTX) is Bullish.
What is the RSI signal for IMTX stock?
IMMATICS NV (IMTX) has an RSI value of 49.0091. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IMMATICS NV?
The MACD indicator for IMMATICS NV (IMTX) has a value of -0.0938355, indicating a bearish trend.
What is the short term momentum for IMMATICS NV (IMTX) stock?
The short term momentum for IMMATICS NV (IMTX) is neutral.