LON:IMI - London Exchange - GB00BGLP8L22 - Common Stock - Currency: GBX
We assign a technical rating of 8 out of 10 to IMI. Although IMI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although IMI has an excellent technical rating, it does not offer a high 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.
1,640.43
We found 2 important support areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for IMI.L is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMI.L is up. |
ChartMill Relative Strength | 67.47 | NEUTRAL | IMI.L is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMI.L is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMI.L is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMI.L is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 70.56 | OVERBOUGHT | The high RSI value suggests IMI.L may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.95 | POSITIVE | The MACD value suggests IMI.L has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 87.15 | OVERBOUGHT | The high Stochastics value suggests IMI.L may be overbought. |
Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for IMI.L suggests low volalility. |
Average Directional Index/ADX (14) | 28.9 | POSITIVE | The high ADX value value for IMI.L suggests a strong trend. |
LON:IMI (6/18/2025, 5:29:43 PM)
2084
-6 (-0.29%)