IMAX CORP (IMAX) Technical Analysis
NYSE:IMAX • CA45245E1097
Current stock price
38.04 USD
+1.35 (+3.68%)
At close:
38.04 USD
0 (0%)
After Hours:
IMAX Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to IMAX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMAX is showing a nice and steady performance.
- In the last month IMAX has a been trading in the 35.83 - 43.16 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, IMAX did better than 84% of all other stocks. On top of that, IMAX also shows a nice and consistent pattern of rising prices.
- IMAX is one of the better performing stocks in the Entertainment industry, it outperforms 83% of 79 stocks in the same industry.
- IMAX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IMAX is performing more or less in line with the market.
- IMAX has an average volume of 1099410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IMAX Weekly and Daily overview Charts
IMAX Setup Rating and Analysis
IMAX has an excellent technical rating, but the quality of the setup is only medium 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
IMAX Support and Resistance Analysis
24.76
38.42
When analyzing the support we can see 4 important areas.
- Support @36.17 from a trend line in the daily time frame.
- A support zone ranging from 33.41 to 34.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.62 from a trend line in the weekly time frame.
- Support @25.01 from a trend line in the weekly time frame.
IMAX 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IMAX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMAX is neutral. |
| ChartMill Relative Strength | 84.17 | POSITIVE | IMAX has a high relative strength, it outperformed 84.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMAX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.69 | NEUTRAL | The RSI value for IMAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests IMAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.92 | OVERSOLD | The low Stochastics value suggests IMAX may be oversold. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for IMAX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.68 | NEGATIVE | The low ADX value for IMAX suggests a weak or negative trend. |
IMAX 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)
IMAX 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.31 | 36.16 | 2.15 (5.60%) | 17.84% |
| An entry @38.31. This is a Buy Stop order right above the 10 day moving average. | An exit @36.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.15 points, which is 5.60%. | When investing 17.84% 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.
IMAX Technicals: Chart, Performance Metrics, Trend & Indicators
38.04
+1.35 (+3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg3.68%
1 Week-2.93%
2 Weeks-3.67%
1 Month3.4%
3 Month0.98%
6 Month16.69%
12 Month45.52%
2 Year135.25%
3 Year98.33%
5 Year89.25%
10 Year22.35%
15 Year18.95%
Volatility
ATR(14)1.3
ATR(20)%4.05%
ATR Inc27.13%
Range Today1.64
ADR(20)1.48
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.17
3 months CRS71.55
6 months CRS86.42
Mansfield1.84
10 Day High40.43
10 Day Low35.83
20 Day High43.16
20 Day Low35.83
52 Week High43.16
52 Week Low20.48
CS1 End36.17
CR1 StartN/A
Volume & EV
DER(3)3.33%
DER(5)-0.08%
Volume1.69M
Volume Incr5.75%
Vol(5)1.22M
Vol(50)1.10M
IMAX CORP / IMAX TA FAQ
Can you provide the ChartMill technical rating for IMAX CORP?
ChartMill assigns a technical rating of 9 / 10 to IMAX.
Can you provide the trend direction for IMAX CORP?
The current trend direction for IMAX CORP (IMAX) is Bullish.
What is the RSI signal for IMAX stock?
IMAX CORP (IMAX) has an RSI value of 48.685. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IMAX CORP?
The MACD indicator for IMAX CORP (IMAX) has a value of -0.430752, indicating a bearish trend.