While this happened, BTIG Research downgraded its Inmode Ltd [INMD] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in late April from “an Outperform” to “a Neutral”. BTIG Research began covering INMD with “Buy” recommendation on October 17, 2024. Jefferies revised its rating on July 23, 2024. It rated INMD as “a Hold” which previously was an “a Buy”.
Price Performance Review of INMD
On Tuesday, Inmode Ltd [NASDAQ:INMD] saw its stock fall -0.53% to $14.92. Over the last five days, the stock has gained 4.34%. Inmode Ltd shares have fallen nearly -10.66% since the year began. Nevertheless, the stocks have fallen -18.74% over the past one year. While a 52-week high of $19.85 was reached on 03/10/25, a 52-week low of $13.68 was recorded on 04/11/25. SMA at 50 days reached $16.51, while 200 days put it at $17.16.
Levels Of Support And Resistance For INMD Stock
The 24-hour chart illustrates a support level at 14.75, which if violated will result in even more drops to 14.58. On the upside, there is a resistance level at 15.10. A further resistance level may holdings at 15.28. The Relative Strength Index (RSI) on the 14-day chart is 46.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.29%. Stochastics %K at 38.26% indicates the stock is a holding.
