Immatics Stock Technical Analysis

IMTX -  USA Stock  

USD 13.39  0.46  3.32%

As of the 19th of October, Immatics retains the Risk Adjusted Performance of 0.0866, downside deviation of 2.45, and Market Risk Adjusted Performance of (10.46). Immatics technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Immatics NV, which can be compared to its competitors. Please check out Immatics NV coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Immatics is priced fairly, providing market reflects its last-minute price of 13.39 per share. Given that Immatics NV has jensen alpha of 0.2497, we strongly advise you to confirm Immatics NV's regular market performance to make sure the company can sustain itself at a future point.

Immatics Technical Analysis 

 
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Immatics Analyst Consensus

Target PriceAdvice# of Analysts
24.25Strong Buy4Odds
Immatics NV current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Immatics analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Immatics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Immatics NV, talking to its executives and customers, or listening to Immatics conference calls.
Immatics Analyst Advice Details
Immatics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Immatics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Immatics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Immatics NV Technical Analysis

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The output start index for this execution was seven with a total number of output elements of fifty-four. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Immatics NV volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Immatics NV Trend Analysis

Use this graph to draw trend lines for Immatics NV. You can use it to identify possible trend reversals for Immatics as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Immatics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Immatics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Immatics NV applied against its price change over selected period. The best fit line has a slop of   0.035788  , which means Immatics NV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 48.44, which is the sum of squared deviations for the predicted Immatics price change compared to its average price change.

About Immatics Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Immatics NV on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Immatics NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Immatics NV stock first instead of the macroeconomic environment surrounding Immatics NV. By analyzing Immatics's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Immatics's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Immatics specific price patterns or momentum indicators. Please read more on our technical analysis page.

Immatics October 19, 2021 Technical Indicators

Most technical analysis of Immatics help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Immatics from various momentum indicators to cycle indicators. When you analyze Immatics charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Immatics October 19, 2021 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Immatics stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please see Risk vs Return Analysis. Note that the Immatics NV information on this page should be used as a complementary analysis to other Immatics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Immatics NV price analysis, check to measure Immatics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Immatics is operating at the current time. Most of Immatics' value examination focuses on studying past and present price action to predict the probability of Immatics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Immatics' price. Additionally, you may evaluate how the addition of Immatics to your portfolios can decrease your overall portfolio volatility.
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The market value of Immatics NV is measured differently than its book value, which is the value of Immatics that is recorded on the company's balance sheet. Investors also form their own opinion of Immatics' value that differs from its market value or its book value, called intrinsic value, which is Immatics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Immatics' market value can be influenced by many factors that don't directly affect Immatics NV underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Immatics' value and its price as these two are different measures arrived at by different means. Investors typically determine Immatics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immatics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.