CIMG INC (IMG) Stock Technical Analysis
USA - NASDAQ:IMG - US67073S3076 - Common Stock
0.275 USD
+0.01 (+2.5%)
0.2711 USD
0 (-1.42%)
Overall IMG gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. IMG was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
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 part of the Food Products industry. There are 89 other stocks in this industry, of which 95% are performing better than IMG.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
IMG has an average volume of 20989900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month IMG has a been trading in the 0.21 - 0.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IMG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.23
0.35
2 important support areas can be observed.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.23 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.33 from a trend line in the daily time frame.
- Resistance @0.35 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 | NEUTRAL | NEUTRAL | The short term trend for IMG is neutral. |
| 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) | UP | POSITIVE | The current price of IMG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMG is above the rising 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) | 53.41 | NEUTRAL | The RSI value for IMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IMG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.16 | NEUTRAL | The Stochastics value for IMG is a neutral value. |
| Average True Range in percent/ATR (20) | 16.05 | HIGH VOLATILITY | The high ATR as a percentage value for IMG suggests high volalility. |
| Average Directional Index/ADX (14) | 54.01 | 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)
0.275
+0.01 (+2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg2.5%
1 Week7.76%
2 Weeks21.36%
1 Month15.89%
3 Month-7.66%
6 Month-41.5%
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)%16.05%
ATR Inc8.85%
Range Today0.06
ADR(20)0.04
ADR(20)%15.89%
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 Low0.21
20 Day High0.38
20 Day Low0.21
52 Week HighN/A
52 Week LowN/A
CS1 End0.26
CR1 Start0.29
Volume & EV
DER(3)-1.47%
DER(5)0.83%
Volume3.68M
Volume Incr-70.69%
Vol(5)3.77M
Vol(50)20.99M