INMED PHARMACEUTICALS INC (INM)

CA4576376012 - Common Stock

4.3988  +0.26 (+6.25%)

Technical Rating and Analysis

1

Taking everything into account, INM scores 1 out of 10 in our technical rating. 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.

89% of all other stocks performed better in the past year than INM.
INM is one of the lesser performing stocks in the Pharmaceuticals industry. 64% of 193 stocks in the same industry do better.
INM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INM is lagging the market.
In the last month INM has a been trading in the 4.14 - 6.40 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
INM Weekly chart
INM Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

4.00

8.26

When analyzing the support we can see 2 important areas.

  • Support @4.14 from a horizontal line in the daily time frame.
  • Support @4.04 from a horizontal line in the weekly time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 4.90 to 4.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @5.51 from a trend line in the weekly time frame.
  • Resistance @5.90 from a trend line in the daily time frame.
  • Resistance @8.18 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.49
Mansfield-3.12
10 Day High5.54
10 Day Low4.14
20 Day High6.4
20 Day Low4.14
52 Week High15.7
52 Week Low2.41
Performance
1 Week-16.37%
2 Weeks-20.02%
1 Month-5.4%
3 Month-16.97%
6 Month-13.41%
12 Month-40.1%
2 Year-89.11%
3 Year-99.33%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)43.16
LBB4.05
UBB5.79
INM Daily chart

INMED PHARMACEUTICALS INC

NASDAQ:INM (12/20/2024, 8:18:34 PM)

4.3988

+0.26 (+6.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg6.25%
1 Week-16.37%
2 Weeks-20.02%
1 Month-5.4%
3 Month-16.97%
6 Month-13.41%
12 Month-40.1%
2 Year-89.11%
3 Year-99.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%9.96%
ATR Inc12.38%
Range Today0.37
ADR(20)0.43
ADR(20)%9.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.49
Mansfield-3.12
10 Day High5.54
10 Day Low4.14
20 Day High6.4
20 Day Low4.14
52 Week High15.7
52 Week Low2.41
CS1 End4.14
CR1 Start4.9
Volume & EV
DER(3)-3.52%
DER(5)-5.92%
Volume40.40K
Volume Incr-46.43%
Vol(5)21.02K
Vol(50)534.38K