IM CANNABIS CORP (IMCC) Stock Technical Analysis
NASDAQ:IMCC • CA44969Q4060
Taking everything into account, IMCC scores 0 out of 10 in our technical rating. IMCC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, IMCC is a bad performer in the overall market: 97% of all stocks are doing better.
- IMCC is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 81% are performing better than IMCC.
- IMCC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month IMCC has a been trading in the 0.77 - 1.48 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
The technical rating of IMCC is bad and it also does not present a 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
0.79
We can see 3 important resistance areas.
- Resistance @1.07 from a trend line in the weekly time frame.
- Resistance @1.18 from a trend line in the daily time frame.
- Resistance @1.30 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for IMCC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMCC is down. |
| ChartMill Relative Strength | 3.71 | NEGATIVE | IMCC has a low relative strength, it was outperformed by 96.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMCC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.75 | OVERSOLD | The low RSI value suggests IMCC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IMCC has a negative trend. |
| Stochastics (14,3) | 13.57 | OVERSOLD | The low Stochastics value suggests IMCC may be oversold. |
| Average True Range in percent/ATR (20) | 17.43 | HIGH VOLATILITY | The high ATR as a percentage value for IMCC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.46 | POSITIVE | The high ADX value value for IMCC suggests a strong trend. |
NASDAQ:IMCC (2/24/2026, 8:00:02 PM)
0.8
-0.03 (-3.61%)
IM CANNABIS CORP / IMCC FAQ
What is the technical rating for IMCC stock?
ChartMill assigns a technical rating of 0 / 10 to IMCC.
Can you provide the trend direction for IM CANNABIS CORP?
The current trend direction for IM CANNABIS CORP (IMCC) is Bearish.
Can you provide the RSI signal for IM CANNABIS CORP?
IM CANNABIS CORP (IMCC) has an RSI value of 20.7471. This indicates that the stock is currently oversold.
Can you provide the MACD signal for IM CANNABIS CORP?
The MACD indicator for IM CANNABIS CORP (IMCC) has a value of -0.0294991, indicating a bearish trend.
What are the support and resistance levels for IM CANNABIS CORP (IMCC) stock?
IM CANNABIS CORP (IMCC) has a resistance level at 1.07. Check the full technical report for our detailed analysis of IMCC support and resistance levels.