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(IMRN) Immuron complete technical analysis [charts+indicators] | Buy/Sell Immuron | (IMRN) share price targets

Complete technical analysis of Immuron (IMRN) by charts plus indicators, forecast predictions and share price targets for Immuron (IMRN)

Immuron trades in USA in Health Care sector.

10 day averaged volume of Immuron is 14510

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	1.97	2.02	2.04	1.96	2.047 times
16 Wed Oct 2024	2.01	2.00	2.05	1.95	1.551 times
15 Tue Oct 2024	1.87	2.12	2.28	1.80	3.935 times
14 Mon Oct 2024	2.22	2.02	2.22	2.02	0.172 times
11 Fri Oct 2024	2.20	2.25	2.25	2.05	0.62 times
10 Thu Oct 2024	2.23	2.52	2.73	2.12	1.082 times
09 Wed Oct 2024	2.21	2.22	2.32	2.20	0.31 times
08 Tue Oct 2024	2.30	2.22	2.44	2.21	0.489 times
07 Mon Oct 2024	2.32	2.59	2.59	2.21	1.371 times
04 Fri Oct 2024	2.69	2.69	2.69	2.59	0.358 times

Stock of Immuron (IMRN) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.2, but if it comes above 2.2, then a intra day buy could be more profitable.
If you take a sell trade below 2.2, then use 2.2 as stoploss and 1.8 as target. However if you take a buy trade in stock , then use 2.2 as stoploss and 2.45 as target.

Share price targets for Immuron (IMRN)

Target Type	Value
Downside Target	1.80
Downside Target	1.93
Upside Target	2.05
Upside Target	2.10
Upside Target	2.28
Upside Target	2.42
Upside Target	2.48
Upside Target	2.73
Upside Target	2.74
Upside Target	2.84
Upside Target	2.87

Intraday share price targets for Immuron (IMRN)

Target Type	Value
Downside Intraday Target	1.75
Downside Intraday Target	1.54
Upside Intraday Target	2.23
Upside Intraday Target	2.5
Upside Intraday Target	2.02

Weekly technical analysis of Immuron (IMRN)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	1.97	2.02	2.28	1.80	1.989 times
11 Fri Oct 2024	2.20	2.59	2.73	2.05	2.402 times
04 Fri Oct 2024	2.69	2.66	2.87	2.59	0.627 times
27 Fri Sep 2024	2.71	2.60	2.84	2.48	1.451 times
20 Fri Sep 2024	2.51	2.67	2.74	2.51	0.973 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Immuron (IMRN)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	1.97	2.71	2.87	1.80	1.754 times
30 Mon Sep 2024	2.72	2.75	2.87	2.42	1.15 times
30 Fri Aug 2024	2.67	2.60	2.84	2.30	0.433 times
31 Wed Jul 2024	2.60	2.40	2.73	1.93	1.646 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Immuron (IMRN)

Price action analysis of Immuron ( (IMRN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Immuron ( (IMRN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Immuron ( (IMRN) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Immuron stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Immuron in short term and the sell signal is strong.

Immuron Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Immuron in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Immuron is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.06 and Immuron (IMRN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Immuron (IMRN) stock. Volume based technical analysis of Immuron (IMRN) stock is negative.

Immuron Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.