IMPERIAL OIL LTD (IMO.CA) Stock Technical Analysis
Canada - TSX:IMO - CA4530384086 - Common Stock
125.49 CAD
+0.81 (+0.65%)
Taking everything into account, IMO scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IMO is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
IMO is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 71% of 216 stocks in the same industry.
IMO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IMO is lagging the market slightly.
When compared to the yearly performance of all other stocks, IMO outperforms 61% of them, which is more or less in line with the market.
In the last month IMO has a been trading in the 119.86 - 132.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IMO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 129.98. Right above this resistance zone may be a good entry point.
More info and screens
87.23
132.26
When analyzing the support we can see 6 important areas.
- A support zone ranging from 125.31 to 125.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 119.84 to 121.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @114.49 from a horizontal line in the daily time frame.
- Support @103.49 from a horizontal line in the daily time frame.
- Support @91.42 from a trend line in the weekly time frame.
- Support @88.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 129.98 to 130.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IMO.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMO.CA is neutral. |
| ChartMill Relative Strength | 61.14 | NEUTRAL | IMO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMO.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.16 | NEUTRAL | The RSI value for IMO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.87 | NEGATIVE | The MACD value suggests IMO.CA has a negative trend. |
| Stochastics (14,3) | 18.5 | OVERSOLD | The low Stochastics value suggests IMO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for IMO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.22 | POSITIVE | The high ADX value value for IMO.CA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 127.84 | 125.30 | 2.54 (1.98%) | 25.00% |
| An entry @127.84. This is a Buy Stop order right above the 10 day moving average. | An exit @125.30. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.54 points, which is 1.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%. |
- The distance between exit and entry is rather small compared to the average daily movement of IMO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:IMO (10/3/2025, 7:00:00 PM)
125.49
+0.81 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.65%
1 Week-3.45%
2 Weeks-0.89%
1 Month3.8%
3 Month13.57%
6 Month39.02%
12 Month19.75%
2 Year58.79%
3 Year69.33%
5 Year608.18%
10 Year188.42%
15 Year219.96%
Volatility
ATR(14)2.82
ATR(20)%2.21%
ATR Inc-22.3%
Range Today2.13
ADR(20)2.6
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.14
Mansfield0.75
10 Day High131.94
10 Day Low123.7
20 Day High132.08
20 Day Low119.86
52 Week High132.08
52 Week Low82.98
CS1 End125.48
CR1 Start129.98
Volume & EV
DER(3)-5.86%
DER(5)-6.19%
Volume747.42K
Volume Incr-5.98%
Vol(5)859.51K
Vol(50)837.96K