NYSE:IMAX • CA45245E1097
Overall IMAX gets a technical rating of 10 out of 10. 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.
Although IMAX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
27.77
4 important support areas can be observed.
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 | UP | POSITIVE | The short term trend for IMAX is up. |
| ChartMill Relative Strength | 89.64 | POSITIVE | IMAX has a high relative strength, it outperformed 89.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMAX is above 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) | 74.79 | OVERBOUGHT | The high RSI value suggests IMAX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests IMAX has a positive trend. |
| Stochastics (14,3) | 73.1 | NEUTRAL | The Stochastics value for IMAX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for IMAX suggests some volalility. |
| Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for IMAX suggests a weak or negative trend. |
42.83
+1.06 (+2.54%)
ChartMill assigns a technical rating of 10 / 10 to IMAX.
The current trend direction for IMAX CORP (IMAX) is Bullish.
IMAX CORP (IMAX) has an RSI value of 74.7916. This indicates that the stock is currently overbought.
The MACD indicator for IMAX CORP (IMAX) has a value of 0.561747, indicating a bearish trend.
The buy/sell signal for IMAX CORP (IMAX) is buy as both the short term and long term trends are positive.