TSX:IMO - Toronto Stock Exchange - CA4530384086 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to IMO. 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.
IMO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 114.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 113.57, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
87.23
We found 6 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 IMO.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMO.CA is up. |
ChartMill Relative Strength | 68.22 | NEUTRAL | IMO.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMO.CA is above 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) | 66.04 | NEUTRAL | The RSI value for IMO.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IMO.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 84.75 | OVERBOUGHT | The high Stochastics value suggests IMO.CA may be overbought. |
Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for IMO.CA suggests low volalility. |
Average Directional Index/ADX (14) | 26.47 | POSITIVE | The high ADX value value for IMO.CA suggests a strong trend. |
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 |
---|---|---|---|
114.78 | 111.69 | 3.09 (2.69%) | 25.00% |
An entry @114.78. This is a Buy Stop order right above the resistance zone. | An exit @111.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.09 points, which is 2.69%. | For a 0.67% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:IMO (7/25/2025, 7:00:00 PM)
114.76
+0.22 (+0.19%)