CIMG INC (IMG) Stock Technical Analysis
NASDAQ:IMG - Nasdaq - US67073S3076 - Common Stock - Currency: USD
Taking everything into account, IMG scores 0 out of 10 in our technical rating. 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. 96% of 89 stocks in the same industry do better.
In the last month IMG has a been trading in the 0.39 - 0.59 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
IMG has a poor technical rating and the quality of the setup is also not perfect 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
0.40
0.48
When analyzing the resistance we notice 2 important areas.
- Resistance @0.42 from a trend line in the daily time frame.
- Resistance @0.48 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 IMG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | IMG has a low relative strength, it was outperformed by 100% 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). |
| Relative Strength Index/RSI (14) | 28.88 | OVERSOLD | The low RSI value suggests IMG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IMG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.54 | OVERSOLD | The low Stochastics value suggests IMG may be oversold. |
| Average True Range in percent/ATR (20) | 10.94 | HIGH VOLATILITY | The high ATR as a percentage value for IMG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for IMG 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)
0.3999
+0.01 (+3.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.87%
1 Week-5.99%
2 Weeks-16.46%
1 Month-28.46%
3 Month-21.43%
6 Month-49.76%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%10.94%
ATR Inc-19.76%
Range Today0.03
ADR(20)0.04
ADR(20)%10.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.51
10 Day Low0.39
20 Day High0.59
20 Day Low0.39
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.42
Volume & EV
DER(3)-2.69%
DER(5)-4.66%
Volume119.40K
Volume Incr44.38%
Vol(5)98.08K
Vol(50)286.54K