The Hourly View for IGMS
At the moment, IGMS (Get Ratings)’s price is down $-0.28 (-0.44%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as IGMS has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Out of Pharmaceutical Products stocks, IGMS ranks 319th in regards to today’s price percentage change.
IGMS’s Technical Outlook on the Daily Chart
Currently, IGMS’s price is down $-1.76 (-2.68%) from the day prior. IGMS has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. Of note is that the 100 day changed directions on IGMS; it is now pointing down. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The chart below shows IGMS’s price action over the past 90 days.
IGMS: Daily RSI Analysis
- For IGMS, its RSI is now at 0.
- IGMS and RSI both have consistent trends, as they are both heading down.
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