CIMG INC (IMG) Technical Analysis
NASDAQ:IMG • US67073S4066
Current stock price
IMG Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to IMG. IMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than IMG.
- IMG is one of the lesser performing stocks in the Food Products industry. 94% of 87 stocks in the same industry do better.
- IMG 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 IMG has a been trading in the 0.19 - 0.72 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- IMG has an average volume of 1148400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IMG Weekly and Daily overview Charts
IMG Setup Rating and Analysis
The technical rating of IMG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IMG Support and Resistance Analysis
IMG 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 | DOWN | NEGATIVE | The long term trend for IMG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMG is down. |
| ChartMill Relative Strength | 0.27 | NEGATIVE | IMG has a low relative strength, it was outperformed by 99.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.35 | OVERSOLD | The low RSI value suggests IMG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IMG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 10.98 | OVERSOLD | The low Stochastics value suggests IMG may be oversold. |
| Average True Range in percent/ATR (20) | 43.03 | HIGH VOLATILITY | The high ATR as a percentage value for IMG suggests high volalility. |
| Average Directional Index/ADX (14) | 27.31 | POSITIVE | The high ADX value value for IMG suggests a strong trend. |
IMG Chart- and CandleStick Pattern Analysis
IMG Technicals: Chart, Performance Metrics, Trend & Indicators
0.2228
-0.28 (-55.62%)
CIMG INC / IMG TA FAQ
What is the technical rating for IMG stock?
ChartMill assigns a technical rating of 0 / 10 to IMG.
What is the trend direction for IMG stock?
The current trend direction for CIMG INC (IMG) is Bearish.
What is the RSI signal for IMG stock?
CIMG INC (IMG) has an RSI value of 25.3505. This indicates that the stock is currently oversold.
Can you provide the MACD signal for CIMG INC?
The MACD indicator for CIMG INC (IMG) has a value of 0.00892658, indicating a bearish trend.