IMAFLEX INC (IFX.CA) Stock Technical Analysis
TSX-V:IFX - TSX Venture Exchange - CA4524352099 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to IFX. In the last year, IFX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Besides having an excellent technical rating, IFX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.30, a Stop Loss order could be placed below this zone.
More info and screens
1.13
2 important support areas can be observed.
- A support zone ranging from 1.27 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.14 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.36 to 1.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.41 from a horizontal line in the daily time frame.
- Resistance @1.50 from a trend line in the weekly time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IFX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IFX.CA is up. |
| ChartMill Relative Strength | 72.97 | POSITIVE | IFX.CA has a high relative strength, it outperformed 72.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IFX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IFX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IFX.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.41 | NEUTRAL | The RSI value for IFX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IFX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.32 | NEUTRAL | The Stochastics value for IFX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for IFX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.8 | NEUTRAL | The ADX value for IFX.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.34 | 1.26 | 0.08 (5.97%) | 16.75% |
| An entry @1.34. This is a Buy Stop order right above the 10 day moving average. | An exit @1.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.08 points, which is 5.97%. | For a 1.00% total portfolio risk, you can invest 16.75% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:IFX (6/17/2025, 7:00:00 PM)
1.32
+0.03 (+2.33%)