INMED PHARMACEUTICALS INC (INM)

CA4576376012 - Common Stock

4.2807  -0.8 (-15.73%)

After market: 4.2819 +0 (+0.03%)

Technical Rating and Analysis

0

Overall INM gets a technical rating of 0 out of 10. 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.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
71% of all other stocks performed better in the past year than INM.
INM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month INM has a been trading in the 4.14 - 7.16 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.
INM is part of the Pharmaceuticals industry. There are 194 other stocks in this industry, INM did better than 60% of them.
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

8.89

We found 1 important support area.

  • A support zone ranging from 4.04 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 5 important resistance areas.

  • A resistance zone ranging from 5.36 to 5.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @5.83 from a trend line in the weekly time frame.
  • Resistance @6.66 from a trend line in the daily time frame.
  • Resistance @8.18 from a horizontal line in the weekly time frame.
  • Resistance @8.80 from a horizontal line in the daily 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
CRS29.72
Mansfield-3.74
10 Day High5.48
10 Day Low4.14
20 Day High7.16
20 Day Low4.14
52 Week High15.7
52 Week Low2.41
Performance
1 Week-9.27%
2 Weeks-17.84%
1 Month-10.67%
3 Month52.45%
6 Month-27.42%
12 Month-52.65%
2 Year-91.92%
3 Year-99.55%
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)-0.09
RSI(14)41.71
LBB4.06
UBB5.86
INM Daily chart

INMED PHARMACEUTICALS INC

NASDAQ:INM (11/15/2024, 8:18:46 PM)

After market: 4.2819 +0 (+0.03%)

4.2807

-0.8 (-15.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-15.73%
1 Week-9.27%
2 Weeks-17.84%
1 Month-10.67%
3 Month52.45%
6 Month-27.42%
12 Month-52.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.64
ATR(20)%18.7%
ATR Inc
Range Today0.85
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.48
10 Day Low4.14
20 Day High7.16
20 Day Low4.14
52 Week High15.7
52 Week Low2.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume92.40K
Volume Incr-54.19%
Vol(5)531.16K
Vol(50)858.51K