The technical summary data tells us to buy IMVT near 26.08 with an upside target of 30.56. This data also tells us to set a stop loss @ 26 to protect against excessive loss in case the stock begins to move against the trade. 26.08 is the first level of support below 26.28 , and by rule, any test of support is a buy signal. In this case, support 26.08 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of IMVT as it gets near 30.56 with a downside target of 26.08. We should have a stop loss in place at 30.65though. 30.56 is the first level of resistance above 26.28, and by rule, any test of resistance is a short signal. In this case, if resistance 30.56 is being tested, a short signal would exist.