IM CANNABIS CORP (IMCC)

CA44969Q3070 - Common Stock

0.71  -0.06 (-8.15%)

After market: 0.718 +0.01 (+1.13%)

Technical Rating and Analysis

8

Taking everything into account, IMCC scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMCC is showing a nice and steady performance.

In the last month IMCC has a been trading in the 0.51 - 1.31 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
IMCC is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 85% of 197 stocks in the same industry.
IMCC has an average volume of 1914560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that IMCC is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
IMCC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMCC is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
IMCC Weekly chart
IMCC Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, IMCC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.71, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.38

0.79

2 important support areas can be observed.

  • A support zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.38 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 0.72 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.78 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.71
Mansfield-0.05
10 Day High0.89
10 Day Low0.65
20 Day High1.31
20 Day Low0.51
52 Week High1.43
52 Week Low0.19
Performance
1 Week-0.82%
2 Weeks-20.2%
1 Month16.87%
3 Month130.52%
6 Month68.97%
12 Month-31.07%
2 Year-28.99%
3 Year-83.86%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)50.27
LBB0.58
UBB1.02
IMCC Daily chart

IM CANNABIS CORP

NASDAQ:IMCC (5/17/2024, 7:06:00 PM)

After market: 0.718 +0.01 (+1.13%)

0.71

-0.06 (-8.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-8.15%
1 Week-0.82%
2 Weeks-20.2%
1 Month16.87%
3 Month130.52%
6 Month68.97%
12 Month-31.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%20.58%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.89
10 Day Low0.65
20 Day High1.31
20 Day Low0.51
52 Week High1.43
52 Week Low0.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume450.40K
Volume Incr-80.81%
Vol(5)594.68K
Vol(50)1.91M