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Stock Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

IGM Biosciences, Inc. (NASDAQ:IGMS)

Sidelines Mode (+55) - IGMS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IGMS?

MarketClub looks at technical strength and momentum to determine if the timing is right for IGMS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low IGMS Price Change
5.79 6.56 5.61 6.41 +0.52
Entry Signal

MarketClub’s Trade Triangles for IGMS

long term down The long-term trend has been DOWN since Dec 27th, 2022 at 15.81

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 5.13

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 5.83

Smart Scan Analysis for IGMS

Based on our trend formula, IGMS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for IGMS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.79 6.56 5.61 6.41 +0.52
Prev. Close Volume Bid Ask Time
5.89 342037 2023-12-05 15:59:31
52wk High27.9252wk High Date2023-01-17
52wk Low3.8152wk Low Date2023-11-01
Average Volume328,141Shares Outstanding46,582
P/E Ratio8.8068
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