INMED PHARMACEUTICALS INC (INM) Stock Technical Analysis
NASDAQ:INM - Nasdaq - CA4576377002 - Common Stock
Overall INM gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. INM was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, INM is a bad performer in the overall market: 91% of all stocks are doing better.
INM is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 61% are performing better than INM.
In the last month INM has a been trading in the 3.98 - 8.27 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
INM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
INM has a poor technical rating and the quality of the setup is also only medium 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
4.00
8.26
When analyzing the support we can see 3 important areas.
- Support @4.30 from a horizontal line in the weekly time frame.
- Support @4.14 from a trend line in the daily time frame.
- Support @4.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @5.06 from a horizontal line in the weekly time frame.
- Resistance @5.33 from a trend line in the daily time frame.
- Resistance @5.51 from a horizontal line in the daily time frame.
- Resistance @7.76 from a trend line in the weekly time frame.
- Resistance @8.18 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.86
Mansfield-1.69
10 Day High8.27
10 Day Low3.98
20 Day High8.27
20 Day Low3.98
52 Week High15.7
52 Week Low2.41
Performance
1 Week19.67%
2 Weeks1.61%
1 Month16.09%
3 Month-24.2%
6 Month-12.48%
12 Month-30.73%
2 Year-86.28%
3 Year-99.17%
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)0.04
RSI(14)57.56
LBB4.03
UBB5.23
INMED PHARMACEUTICALS INC
NASDAQ:INM (1/21/2025, 8:07:43 PM)
Premarket: 4.24 -0.81 (-16.04%)5.05
+0.1 (+2.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.02%
1 Week19.67%
2 Weeks1.61%
1 Month16.09%
3 Month-24.2%
6 Month-12.48%
12 Month-30.73%
2 Year-86.28%
3 Year-99.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%10.32%
ATR Inc431.52%
Range Today3.3
ADR(20)0.52
ADR(20)%10.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.86
Mansfield-1.69
10 Day High8.27
10 Day Low3.98
20 Day High8.27
20 Day Low3.98
52 Week High15.7
52 Week Low2.41
CS1 End4.3
CR1 Start5.06
Volume & EV
DER(3)-7.04%
DER(5)-10.65%
Volume26.11M
Volume Incr22907.02%
Vol(5)5.24M
Vol(50)619.81K