IM CANNABIS CORP (IMCC) Stock Technical Analysis
USA - NASDAQ:IMCC - CA44969Q4060 - Common Stock
2.05 USD
+0.03 (+1.49%)
We assign a technical rating of 1 out of 10 to IMCC. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
89% of all other stocks performed better in the past year than IMCC.
IMCC is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 66% are performing better than IMCC.
IMCC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IMCC has a been trading in the 1.75 - 2.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, IMCC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IMCC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.36
2.10
We found 5 important support areas.
- Support @2.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.79 from a horizontal line in the daily time frame.
- A support zone ranging from 1.76 to 1.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.08 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for IMCC is neutral. |
| ChartMill Relative Strength | 11.73 | NEGATIVE | IMCC has a low relative strength, it was outperformed by 88.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMCC is above the rising 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) | 51.59 | NEUTRAL | The RSI value for IMCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IMCC has a positive trend. |
| Stochastics (14,3) | 45.63 | NEUTRAL | The Stochastics value for IMCC is a neutral value. |
| Average True Range in percent/ATR (20) | 9.41 | HIGH VOLATILITY | The high ATR as a percentage value for IMCC suggests high volalility. |
| Average Directional Index/ADX (14) | 13.8 | NEGATIVE | The low ADX value for IMCC suggests a weak or negative 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)
NASDAQ:IMCC (10/20/2025, 10:27:40 AM)
2.05
+0.03 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.49%
1 Week4.66%
2 Weeks1.51%
1 Month4.12%
3 Month-40.94%
6 Month31.17%
12 Month-1.94%
2 Year-29.6%
3 Year-23.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%9.41%
ATR Inc32.71%
Range Today0.06
ADR(20)0.19
ADR(20)%9.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.73
Mansfield-2.1
10 Day High2.19
10 Day Low1.81
20 Day High2.19
20 Day Low1.75
52 Week High7.12
52 Week Low1.29
CS1 End1.83
CR1 Start2.03
Volume & EV
DER(3)21.4%
DER(5)11.03%
Volume2.28K
Volume Incr-8.16%
Vol(5)73.58K
Vol(50)72.28K