Technical Analysis for INM - InMed Pharmaceuticals Inc.

Grade Last Price % Change Price Change
F 0.24 -4.72% -0.01
INM closed down 16.83 percent on Thursday, April 25, 2024, on 1.43 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 13
*** please verify all earnings dates ***
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish -4.72%
NR7 Range Contraction -4.72%
Narrow Range Bar Range Contraction -4.72%
Lower Bollinger Band Walk Weakness -4.72%
New 52 Week Low Weakness -4.72%
Wide Bands Range Expansion -4.72%
Below Lower BB Weakness -4.72%
Gapped Down Weakness -4.72%
Lower Bollinger Band Touch Weakness -4.72%
Oversold Stochastic Weakness -4.72%

   Recent Intraday Alerts

Alert Time
Rose Above Lower Bollinger Band 33 minutes ago
2x Volume Pace 33 minutes ago
1.5x Volume Pace 33 minutes ago
3x Volume Pace 33 minutes ago
Down 5% 33 minutes ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

InMed Pharmaceuticals Inc. Description

InMed Pharmaceuticals Inc., a clinical stage pharmaceutical company, researches and develops cannabinoid-based therapies. The company's lead product is INM-755, a cannabinol topical cream, which is in a second Phase I clinical trials for the treatment of epidermolysis bullosa. The company is also involved in developing INM-088, which is in preclinical studies for the treatment of glaucoma; and INM-405 for the treatment of orofacial pain. In addition, it engages in the development of cannabinoid-based treatments for various diseases, including dermatology and ocular diseases. Further, it works on IND-enabling pharmacology and preclinical toxicology studies. The company was formerly known as Cannabis Technologies Inc. and changed its name to InMed Pharmaceuticals Inc. in October 2014. InMed Pharmaceuticals Inc. was incorporated in 1981 and is based in Vancouver, Canada.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Disease Rare Diseases Cannabis Pharmacology Dermatology Stage Pharmaceutical Glaucoma Toxicology Genodermatoses Treatment Of Glaucoma Cannabinoid Epidermolysis Bullosa Ocular Disease

Is INM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.08
52 Week Low 0.25
Average Volume 436,738
200-Day Moving Average 0.55
50-Day Moving Average 0.35
20-Day Moving Average 0.32
10-Day Moving Average 0.30
Average True Range 0.04
RSI (14) 32.89
ADX 33.1
+DI 22.50
-DI 16.56
Chandelier Exit (Long, 3 ATRs) 0.33
Chandelier Exit (Short, 3 ATRs) 0.37
Upper Bollinger Bands 0.39
Lower Bollinger Band 0.26
Percent B (%b) -0.03
BandWidth 41.08
MACD Line -0.02
MACD Signal Line -0.02
MACD Histogram -0.0056
Fundamentals Value
Market Cap 1.66 Million
Num Shares 6.6 Million
EPS 0.05
Price-to-Earnings (P/E) Ratio 5.04
Price-to-Sales 0.48
Price-to-Book 0.23
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.28
Resistance 3 (R3) 0.28 0.27 0.27
Resistance 2 (R2) 0.27 0.27 0.27 0.27
Resistance 1 (R1) 0.26 0.26 0.26 0.26 0.27
Pivot Point 0.26 0.26 0.25 0.25 0.26
Support 1 (S1) 0.25 0.25 0.24 0.24 0.24
Support 2 (S2) 0.24 0.25 0.24 0.23
Support 3 (S3) 0.23 0.24 0.23
Support 4 (S4) 0.23