IMAX CORP (IMAX) Stock Technical Analysis
NYSE:IMAX - CA45245E1097 - Common Stock
28.56 USD
-0.16 (-0.56%)
28.56 USD
0 (0%)
We assign a technical rating of 6 out of 10 to IMAX. In the last year, IMAX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that IMAX is one of the better performing stocks in the market, outperforming 79% of all stocks.
IMAX 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 IMAX is lagging the market slightly.
In the last month IMAX has a been trading in the 24.20 - 29.36 range, which is quite wide. It is currently trading near the high of this range.
IMAX has an average volume of 1070540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IMAX is part of the Entertainment industry. There are 79 other stocks in this industry, IMAX did better than 67% of them.
IMAX has an average technical rating and it also does not offer a high 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
24.07
29.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.74 to 27.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.17 to 25.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.31 to 24.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 28.88 to 29.24. 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 IMAX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMAX is up. |
| ChartMill Relative Strength | 79.07 | POSITIVE | IMAX has a high relative strength, it outperformed 79.07% 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) | DOWN | MIXED | The current price of IMAX is above a declining 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) | 66.38 | NEUTRAL | The RSI value for IMAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests IMAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.59 | OVERBOUGHT | The high Stochastics value suggests IMAX may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for IMAX suggests some volalility. |
| Average Directional Index/ADX (14) | 29.41 | POSITIVE | The high ADX value value for IMAX suggests a strong trend. |
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)
28.56
-0.16 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.56%
1 Week5.58%
2 Weeks12.89%
1 Month13.33%
3 Month2.55%
6 Month11.56%
12 Month34.78%
2 Year49.29%
3 Year82.14%
5 Year85.82%
10 Year-8.9%
15 Year102.12%
Volatility
ATR(14)0.69
ATR(20)%2.43%
ATR Inc-6.68%
Range Today0.71
ADR(20)0.68
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.07
Mansfield0.5
10 Day High29.36
10 Day Low25.32
20 Day High29.36
20 Day Low24.2
52 Week High29.66
52 Week Low18.76
CS1 End27.22
CR1 Start28.88
Volume & EV
DER(3)-0.86%
DER(5)0.26%
Volume1.02M
Volume Incr37.88%
Vol(5)1.30M
Vol(50)1.07M