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IMAC HOLDINGS INC (BACK) Stock Technical Analysis

USA - NASDAQ:BACK - US44967K3023 - Common Stock

0.2 USD
-0.22 (-52.65%)
Last: 3/25/2025, 8:00:01 PM
0.1269 USD
-0.07 (-36.55%)
After Hours: 3/25/2025, 8:00:01 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BACK. BACK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than BACK.
BACK is one of the lesser performing stocks in the Health Care Providers & Services industry. 91% of 100 stocks in the same industry do better.
BACK is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BACK has a been trading in the 0.14 - 0.63 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
BACK has an average volume of 1870260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Weekly and Daily overview Charts
IMAC HOLDINGS INC / BACK Weekly stock chart
IMAC HOLDINGS INC / BACK Daily stock chart
Setup Rating and Analysis

1

The technical rating of BACK is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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Support and Resistance Analysis

0.20

0.20

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for BACK is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BACK is down.
ChartMill Relative Strength0.76NEGATIVEBACK has a low relative strength, it was outperformed by 99.24% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BACK is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BACK is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of BACK is below a declining SMA(200).
Relative Strength Index/RSI (14)20.43OVERSOLDThe low RSI value suggests BACK may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests BACK has a negative trend.
Stochastics (14,3)13.3OVERSOLDThe low Stochastics value suggests BACK may be oversold.
Average True Range in percent/ATR (20)33.07HIGH VOLATILITYThe high ATR as a percentage value for BACK suggests high volalility.
Average Directional Index/ADX (14)17.31NEGATIVEThe low ADX value for BACK suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

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IMAC HOLDINGS INC / BACK Daily stock chart

IMAC HOLDINGS INC

NASDAQ:BACK (3/25/2025, 8:00:01 PM)

After market: 0.1269 -0.07 (-36.55%)

0.2

-0.22 (-52.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-52.65%
1 Week-54.26%
2 Weeks-64.85%
1 Month-67.02%
3 Month-84.62%
6 Month-82.3%
12 Month-93.46%
2 Year-95.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%33.07%
ATR Inc174.43%
Range Today0.06
ADR(20)0.05
ADR(20)%26.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.76
3 months CRSN/A
6 months CRSN/A
Mansfield-8.8
10 Day High0.63
10 Day Low0.14
20 Day High0.63
20 Day Low0.14
52 Week High7.75
52 Week Low0.14
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-8.23%
DER(5)-5.77%
Volume6.29M
Volume Incr567.82%
Vol(5)1.32M
Vol(50)1.87M

IMAC HOLDINGS INC / BACK FAQ

Can you provide the ChartMill technical rating for IMAC HOLDINGS INC?

ChartMill assigns a technical rating of 0 / 10 to BACK.


What is the current trend direction of IMAC HOLDINGS INC (BACK) stock?

The current trend direction for IMAC HOLDINGS INC (BACK) is Bearish.


What is the RSI signal for BACK stock?

IMAC HOLDINGS INC (BACK) has an RSI value of 20.4277. This indicates that the stock is currently oversold.


What is the MACD signal for IMAC HOLDINGS INC (BACK) stock?

The MACD indicator for IMAC HOLDINGS INC (BACK) has a value of -0.0157728, indicating a bearish trend.


Can you provide the buy/sell signal for IMAC HOLDINGS INC?

The buy/sell signal for IMAC HOLDINGS INC (BACK) is sell as both the short term and long term trends are negative.