IMAX CORP (IMAX) Technical Analysis
NYSE:IMAX • CA45245E1097
Current stock price
37.84 USD
-0.01 (-0.03%)
At close:
38 USD
+0.16 (+0.42%)
After Hours:
IMAX Technical Rating and Analysis
Overall IMAX gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Looking at the yearly performance, IMAX did better than 87% of all other stocks. On top of that, IMAX also shows a nice and consistent pattern of rising prices.
- IMAX is part of the Entertainment industry. There are 79 other stocks in this industry. IMAX outperforms 89% of them.
- 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 35.74 - 40.89 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- IMAX has an average volume of 1044920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
IMAX Weekly and Daily overview Charts
IMAX Setup Rating and Analysis
Besides having an excellent technical rating, IMAX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
IMAX Support and Resistance Analysis
28.62
39.97
We found 5 important support areas.
- A support zone ranging from 37.22 to 37.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.52 from a horizontal line in the daily time frame.
- Support @35.61 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 @28.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38.02 to 38.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @39.57 from a trend line in the daily 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 | DOWN | NEGATIVE | The short term trend for IMAX is down. |
| ChartMill Relative Strength | 87.96 | POSITIVE | IMAX has a high relative strength, it outperformed 87.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IMAX is below 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) | 47.35 | NEUTRAL | The RSI value for IMAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IMAX has a negative trend. |
| Stochastics (14,3) | 43.17 | NEUTRAL | The Stochastics value for IMAX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for IMAX suggests some volalility. |
| Average Directional Index/ADX (14) | 11.4 | 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 |
|---|---|---|---|
| 38.30 | 37.21 | 1.09 (2.85%) | 25.00% |
| An entry @38.30. This is a Buy Stop order right above the resistance zone. | An exit @37.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.09 points, which is 2.85%. | For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IMAX. Please evaluate whether better entry and exit points can be found.
- 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
37.84
-0.01 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.03%
1 Week-5.71%
2 Weeks0.24%
1 Month-1.23%
3 Month10.81%
6 Month21.28%
12 Month76.49%
2 Year136.35%
3 Year80.62%
5 Year83.51%
10 Year18.25%
15 Year7.87%
Volatility
ATR(14)1.47
ATR(20)%3.69%
ATR Inc-38.6%
Range Today0.7
ADR(20)1.37
ADR(20)%3.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.96
3 months CRS84.93
6 months CRS84.07
Mansfield1.24
10 Day High40.89
10 Day Low35.74
20 Day High40.89
20 Day Low35.74
52 Week High43.16
52 Week Low21.33
CS1 End37.72
CR1 Start38.02
Volume & EV
DER(3)2.01%
DER(5)-0.44%
Volume930.30K
Volume Incr-11.55%
Vol(5)908.38K
Vol(50)1.04M
IMAX CORP / IMAX TA FAQ
Can you provide the ChartMill technical rating for IMAX CORP?
ChartMill assigns a technical rating of 8 / 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 CORP (IMAX) stock?
IMAX CORP (IMAX) has an RSI value of 47.347. 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 -0.0403226, indicating a bearish trend.
What is the short term momentum for IMAX stock?
The short term momentum for IMAX CORP (IMAX) is negative.