IMPAC MORTGAGE HOLDINGS INC (IMH) Technical Analysis
NYSEARCA:IMH • US45254P5089
Current stock price
IMH Technical Rating and Analysis
Overall IMH gets a technical rating of 0 out of 10. IMH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 91% of all other stocks performed better in the past year than IMH.
- IMH is part of the Financial Services industry. There are 100 other stocks in this industry, of which 79% are performing better than IMH.
- IMH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IMH is lagging the market.
- In the last month IMH has a been trading in the 0.22 - 0.40 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.
- Considerably lower volume is observed in the last couple of days.
IMH Weekly and Daily overview Charts
IMH Setup Rating and Analysis
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
IMH Support and Resistance Analysis
0.15
When analyzing the support we can see 2 important areas.
- 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.
IMH 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 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. |
IMH Chart- and CandleStick Pattern Analysis
IMH Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:IMH (4/26/2023, 8:04:00 PM)
0.2249
+0 (+2.23%)
IMPAC MORTGAGE HOLDINGS INC / IMH TA FAQ
What is the ChartMill technical rating of IMPAC MORTGAGE HOLDINGS INC (IMH) stock?
ChartMill assigns a technical rating of 0 / 10 to IMH.
Can you provide the trend direction for IMPAC MORTGAGE HOLDINGS INC?
The current trend direction for IMPAC MORTGAGE HOLDINGS INC (IMH) is Bearish.
What is the RSI signal for IMPAC MORTGAGE HOLDINGS INC (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 IMPAC MORTGAGE HOLDINGS INC (IMH) stock?
The MACD indicator for IMPAC MORTGAGE HOLDINGS INC (IMH) has a value of -0.00710064, indicating a bearish trend.
Can you provide the short term momentum for IMPAC MORTGAGE HOLDINGS INC?
The short term momentum for IMPAC MORTGAGE HOLDINGS INC (IMH) is negative.