Intermolecular Technical Analysis (NASDAQ:IMI)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Intermolecular stock price data and volume are plotted in IMI stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Intermolecular. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Intermolecular stock analysis.
Intermolecular Moving Average
Moving averages show the IMI stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $1.45 is above the price of $1.34.
Intermolecular Bollinger Bands
Bollinger bands comprise of a center line usually IMI SMA, and two IMI stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $1.34 is in the lower range of Intermolecular bollinger bands.
Intermolecular Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Intermolecular MACD line is below the signal line.
Intermolecular Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of IMI stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.