CIMG INC (IMG) Stock Technical Analysis
NASDAQ:IMG - US67073S3076 - Common Stock
0.25 USD
+0.01 (+2.38%)
0.2482 USD
0 (-0.72%)
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.
When comparing the yearly performance of all stocks, IMG is a bad performer in the overall market: 100% of all stocks are doing better.
IMG is one of the lesser performing stocks in the Food Products industry. 95% of 90 stocks in the same industry do better.
In the last month IMG has a been trading in the 0.19 - 0.69 range, which is quite wide. It is currently trading near the lows of this range.
IMG has an average volume of 18275000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IMG has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.24
0.39
When analyzing the support we notice one important area.
- Support @0.24 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.29 from a trend line in the weekly time frame.
- Resistance @0.35 from a trend line in the daily time frame.
- Resistance @0.39 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.52 | NEUTRAL | The RSI value for IMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IMG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.56 | OVERSOLD | The low Stochastics value suggests IMG may be oversold. |
| Average True Range in percent/ATR (20) | 27.84 | HIGH VOLATILITY | The high ATR as a percentage value for IMG suggests high volalility. |
| Average Directional Index/ADX (14) | 40.32 | POSITIVE | The high ADX value value for IMG suggests a strong 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)
0.25
+0.01 (+2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg2.38%
1 Week10.86%
2 Weeks-13.28%
1 Month-2.38%
3 Month-46.81%
6 Month-58.26%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%27.84%
ATR Inc-70.32%
Range Today0.03
ADR(20)0.05
ADR(20)%21.89%
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 High0.35
10 Day Low0.22
20 Day High0.69
20 Day Low0.19
52 Week HighN/A
52 Week LowN/A
CS1 End0.24
CR1 Start0.26
Volume & EV
DER(3)-0.65%
DER(5)-1.02%
Volume1.64M
Volume Incr-43.28%
Vol(5)21.94M
Vol(50)18.27M