Immunome Stock Sees RS Rating Jump To 91

Immunome (IMNM) stock saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 88 to 91.

↑
X

NOW PLAYING
How To Buy Stocks: Flat Base Chart Pattern

This proprietary rating identifies technical performance by showing how a stock’s price action over the last 52 weeks measures up against that of the other stocks in our database.

History reveals that the market’s biggest winners often have an RS Rating of above 80 at the beginning of a new run.

Looking For The Best Stocks To Buy And Watch? Start Here

Is Immunome Stock A Buy?

Immunome stock recently reclaimed its 200-day moving average. While the biotech stock is not in a proper buying range, see if the stock forms a new pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

The biotech firm reported 0% earnings growth last quarter, while sales growth came in at -45%.

Immunome stock holds the No. 309 rank among its peers in the Medical-Biomed/Biotech industry group. ADMA Biologics (ADMA), SIGA Technologies (SIGA) and Catalyst Pharmaceuticals (CPRX) are among the top 5 highly rated stocks within the group. For more industry news, check out “Biotech And Pharmaceutical Industry And Stock News.”

YOU MAY ALSO LIKE:

Learn How To Time The Market With IBD’s ETF Market Strategy

Find Today’s Best Growth Stocks To Watch With IBD 50

Find The Best Long-Term Investments With IBD Long-Term Leaders

How To Research Growth Stocks: Why This IBD Tool Simplifies The Search For Top Stocks