We assign a technical rating of 0 out of 10 to IMAQR. IMAQR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 97% of all other stocks performed better in the past year than IMAQR.
- IMAQR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month IMAQR has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Volume is considerably higher in the last couple of days.
The technical rating of IMAQR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.03
We found 1 important support area.
- Support @0.03 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for IMAQR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMAQR is down. |
| ChartMill Relative Strength | 3.11 | NEGATIVE | IMAQR has a low relative strength, it was outperformed by 96.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMAQR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMAQR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMAQR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.66 | NEUTRAL | The RSI value for IMAQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IMAQR has a positive trend. |
| Stochastics (14,3) | 27.19 | NEUTRAL | The Stochastics value for IMAQR is a neutral value. |
| Average True Range in percent/ATR (20) | 21.68 | HIGH VOLATILITY | The high ATR as a percentage value for IMAQR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.44 | NEGATIVE | The low ADX value for IMAQR suggests a weak or negative trend. |
NASDAQ:IMAQR (8/7/2024, 8:21:10 PM)
0.04
0 (0%)
INTERNATIONAL MEDIA ACQ-RTS / IMAQR FAQ
What is the technical rating for IMAQR stock?
ChartMill assigns a technical rating of 0 / 10 to IMAQR.
What is the current trend direction of INTERNATIONAL MEDIA ACQ-RTS (IMAQR) stock?
The current trend direction for INTERNATIONAL MEDIA ACQ-RTS (IMAQR) is Bearish.
Can you provide the RSI signal for INTERNATIONAL MEDIA ACQ-RTS?
INTERNATIONAL MEDIA ACQ-RTS (IMAQR) has an RSI value of 46.6554. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INTERNATIONAL MEDIA ACQ-RTS?
The short term momentum for INTERNATIONAL MEDIA ACQ-RTS (IMAQR) is negative.