IMAC HOLDINGS INC (BACK) Stock Technical Analysis
NASDAQ:BACK - Nasdaq - US44967K3023 - Common Stock - Currency: USD
Taking everything into account, BACK scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BACK is a bad performer in the overall market: 100% of all stocks are doing better.
BACK is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 91% are performing better than BACK.
BACK is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BACK is lagging the market.
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.
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.
More info and screens
0.20
0.20
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.76
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
Performance
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
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)20.43
LBB0.28
UBB0.69
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
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