New Analysis: Immunomedics, Inc. ($IMMU) vs Oxford Immunotec Global PLC ($OXFD)

2019-08-20 | Welcome! Today we compared how two different stocks in the Biotechnology: In Vitro & In Vivo Diagnostic Substances industry are trading: Immunomedics, Inc. and Oxford Immunotec Global PLC. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Immunomedics, Inc. opened at 15.12, got to a maximum price of 15.2 and dropped to as low as 14.82 before finishing the session at 14.84. In total there were 1027900 shares traded, which is enough to conduct our analysis. Compare that now to Oxford Immunotec Global PLC, which opened at 13.98, had a high of 14.1, a low of 13.82, closed at 14.04 and had a total volume of 86900.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Immunomedics, Inc. Oxford Immunotec Global PLC
Accumulation-distribution index 150.3531 121.48
on-balance volume -14.94 -14.0
chaikin money flow

8.5 3.66667
force index

0.2303 0.0558
ease of movement rating

0.01708 0.00042
volume-price trend

0.18986 -0.56803
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Immunomedics, Inc. Oxford Immunotec Global PLC
Average true range 0.47123 0.34333
Bolinger bands 15.3411 13.88399
Upper bollinger band 13.7289 13.68601
Lower bollinger band

14.82 13.82
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

15.04667 13.96667
High band keltner channel

14.96667 13.84667
Low band keltner channel

15.12667 14.08667
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

14.82 13.82
Donchain channel low band

14.82 13.82
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 nan

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Immunomedics, Inc. Oxford Immunotec Global PLC
Moving Average Convergence Divergence (MACD) trend_macd -0.00157
MACD signal -0.0071 -0.00087
MACD difference -0.00568 -0.0007
fast Exponential Moving Average (EMA) indicator

14.82 13.82
slow Exponential Moving Average (EMA) indicator

14.82 13.82
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.32433 0.78668

4.22578 -1.32098
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

-0.14626 0.61714
KST Oscillator (KST)

9.96774 -42.74669
KST Oscillator (KST Signal)

9.96774 -42.74669
KST difference

-9.71123 -1.21215
Ichimoku rating

15.16 14.04
Ichimoku B rating

15.16 14.04
Ichimoku visual trend A

14.93992 14.64028
Ichimoku visual trend B

14.63241 14.28421
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Immunomedics, Inc. Oxford Immunotec Global PLC
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 25.15835
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

32.77522 -83.05155
stochastic oscillator

475.0 233.33333
stochastic oscillator signal

475.0 233.33333
Williams %R rating

375.0 133.33333
awesome oscillator

-0.00784 0.00575

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Immunomedics, Inc. and Oxford Immunotec Global PLC.

Daily return 0.99677 -4.27467
Daily log return -3.92207 -0.5078
Cumulative return -3.84615 -0.50651

So there you have it: our deep, grueling analysis comparing Immunomedics, Inc. and Oxford Immunotec Global PLC together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Immunomedics, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether IMMU is strong or weak. Again – this is not a reliable indication of whether Immunomedics, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Oxford Immunotec Global PLC

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

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