IMPERIAL METALS CORP (III.CA)

CA4528921022 - Common Stock

2.58  -0.04 (-1.53%)

Technical Rating and Analysis

10

Taking everything into account, III scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, III has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, III did better than 87% of all other stocks.
III is part of the Metals & Mining industry. There are 851 other stocks in this industry. III outperforms 78% of them.
III is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so III is lagging the market slightly.
III is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.

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Weekly and Daily overview Charts
III Weekly chart
III Daily chart
Setup Rating and Analysis

8

III has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 2.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for III in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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Support and Resistance Analysis

2.04

2.72

We found 4 important support areas.

  • A support zone ranging from 2.56 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.23 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.18 from a horizontal line in the daily time frame.
  • Support @2.06 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 2.68 to 2.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.75
Mansfield0.42
10 Day High2.72
10 Day Low2.54
20 Day High2.73
20 Day Low2.33
52 Week High2.85
52 Week Low1.7
Performance
1 Week-2.27%
2 Weeks-2.27%
1 Month3.61%
3 Month15.7%
6 Month36.51%
12 Month44.94%
2 Year-16.77%
3 Year-47.45%
5 Year-4.44%
10 Year-82.94%
15 Year164.62%

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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)

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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)-0.01
RSI(14)54.64
LBB2.47
UBB2.75

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Example Setup

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.

ENTRYEXITDISTANCECAPITAL
2.702.550.15 (5.56%)18.00%
An entry @2.70. This is a Buy Stop order right above the resistance zone.An exit @2.55. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.15 points, which is 5.56%.When investing 18.00% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.

More info and screens

III Daily chart

IMPERIAL METALS CORP

TSX:III (5/13/2024, 6:00:00 PM)

2.58

-0.04 (-1.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.53%
1 Week-2.27%
2 Weeks-2.27%
1 Month3.61%
3 Month15.7%
6 Month36.51%
12 Month44.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%4.39%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.72
10 Day Low2.54
20 Day High2.73
20 Day Low2.33
52 Week High2.85
52 Week Low1.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume26.37K
Volume Incr-55.84%
Vol(5)24.47K
Vol(50)102.07K