IMPAC MORTGAGE HOLDINGS INC (IMH) Stock Technical Analysis
USA - NYSEARCA:IMH - US45254P5089 - Common Stock
Taking everything into account, IMH scores 0 out of 10 in our technical rating. IMH 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 technical rating of IMH is bad and it also does not present a quality setup 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
0.15
2 important support areas can be observed.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.15 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.36 from a trend line in the weekly time frame.
- Resistance @0.37 from a horizontal line in the daily time frame.
- Resistance @0.43 from a trend line in the weekly 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 IMH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMH is down. |
| ChartMill Relative Strength | 9.26 | NEGATIVE | IMH has a low relative strength, it was outperformed by 90.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.91 | NEUTRAL | The RSI value for IMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IMH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.38 | OVERSOLD | The low Stochastics value suggests IMH may be oversold. |
| Average True Range in percent/ATR (20) | 14.31 | HIGH VOLATILITY | The high ATR as a percentage value for IMH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.15 | NEGATIVE | The low ADX value for IMH suggests a weak or negative trend. |
NYSEARCA:IMH (4/26/2023, 8:04:00 PM)
0.2249
+0 (+2.23%)
IMPAC MORTGAGE HOLDINGS INC / IMH FAQ
What is the ChartMill technical rating of IMPAC MORTGAGE HOLDINGS INC (IMH) stock?
ChartMill assigns a technical rating of 0 / 10 to IMH.
What is the trend direction for IMH stock?
The current trend direction for IMPAC MORTGAGE HOLDINGS INC (IMH) is Bearish.
What is the RSI signal for IMH stock?
IMPAC MORTGAGE HOLDINGS INC (IMH) has an RSI value of 36.9088. This indicates that the stock is currently neutral.
What is the MACD signal for IMH stock?
The MACD indicator for IMPAC MORTGAGE HOLDINGS INC (IMH) has a value of -0.00710064, indicating a bearish trend.
What is the short term momentum for IMH stock?
The short term momentum for IMPAC MORTGAGE HOLDINGS INC (IMH) is negative.