RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of IMMR
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Immersion Corporation stock price ended at $12.14 on Friday, after losing 0.736%.
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jul 11, 2024 Gain 14.42% PDF

The Immersion Corporation stock price fell by -0.736% on the last day (Friday, 19th Jul 2024) from $12.23 to $12.14. During the last trading day the stock fluctuated 5.53% from a day low at $11.58 to a day high of $12.22. The price has risen in 7 of the last 10 days and is up by 25.15% over the past 2 weeks. Volume has increased on the last day by 199 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $13.04 million.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $12.40 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 48.93% during the next 3 months and, with a 90% probability hold a price between $15.26 and $18.47 at the end of this 3-month period.

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IMMR Signals & Forecast

The Immersion Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $11.67 and $10.34. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -1.06%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Immersion Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $10.61 and $9.41. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Immersion Corporation finds support just below today's level at $10.61. If this is broken, then the next support from accumulated volume will be at $9.41 and $9.34.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.640 between high and low, or 5.53%. For the last week, the stock has had daily average volatility of 7.11%.

The Immersion Corporation stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $11.87 (-2.25%) (This stock has high daily movements and this gives high risk. The RSI14 is 94 and this increases the risk substantially. There is a sell signal from a pivot top found 14 days ago.)

Trading Expectations (IMMR) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Immersion Corporation to open at $11.98, and during the day (based on 14 day Average True Range), to move between $11.63 and $12.65, which gives a possible trading interval of +/-$0.506 (+/-4.17%) up or down from last closing price. If Immersion Corporation takes out the full calculated possible swing range there will be an estimated 8.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.18 (0.33%) than the support at $10.61 (12.60%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Immersion Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Immersion Corporation stock to perform well in the short-term.

Current score: 3.601 Buy Candidate Unchanged

Predicted Opening Price for Immersion Corporation of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$11.98 ( 1.32%) $12.14

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for IMMR

Fibonacci Support & Resistance Levels

Level Price
R3 12.62 3.95%
R2 12.38 1.94%
R1 12.22 0.696%
Price 12.14
S1 11.74 -3.33%
S2 11.58 -4.58%
S3 11.34 -6.59%

Accumulated Volume Support & Resistance Levels

Level Price
R3 12.27 1.07%
R2 12.23 0.741%
R1 12.18 0.329%
Price 12.14
S1 10.61 -12.60%
S2 9.41 -22.49%
S3 9.34 -23.06%

IMMR Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 08, 2024 Jul 08, 2024 Jul 26, 2024 $0.0450 0.371%
2 Mar 07, 2024 Apr 11, 2024 Apr 19, 2024 $0.0450 0.628%
3 Jan 11, 2024 Jan 11, 2024 Jan 25, 2024 $0.0450 0.640%
4 Aug 11, 2023 Oct 13, 2023 Oct 27, 2023 $0.0300 0.469%
5 Aug 06, 2023 Jul 12, 2023 Jul 28, 2023 $0.0300 0.432%

FAQ

What is the symbol for Immersion Corporation Stock and on which exchange is it traded?
The symbol for Immersion Corporation is IMMR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Immersion Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Immersion Corporation stock to perform well in the short-term.

How to buy Immersion Corporation Stock?
Immersion Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Immersion Corporation Stock.

What's the current price of Immersion Corporation Stock?
As of the end of day on the Jul 19, 2024, the price of an Immersion Corporation (IMMR) share was $12.14.

What is the 52-week high and low for Immersion Corporation Stock?
The 52-week high for Immersion Corporation Stock is $13.32 and the 52-week low is $5.94.

What is the market capitalization of Immersion Corporation Stock?
As of the Jul 19, 2024, the market capitalization of Immersion Corporation is 390.858M.

When is the next earnings date for Immersion Corporation?
The upcoming earnings date for Immersion Corporation is Aug 09, 2024.
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About Immersion Corporation

Immersion Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encodi... IMMR Profile

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