IMPERIAL OIL LTD (IMO) Stock Technical Analysis
NYSEARCA:IMO - NYSE Arca - CA4530384086 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to IMO. Although IMO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
IMO is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. IMO outperforms 80% of them.
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.
IMO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that IMO is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, IMO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
60.52
82.73
We found 4 important support areas.
- A support zone ranging from 78.14 to 80.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.21 from a horizontal line in the daily time frame.
- Support @63.86 from a trend line in the weekly time frame.
- A support zone ranging from 61.13 to 61.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 81.91 to 81.91. 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMO is up. |
| ChartMill Relative Strength | 77.17 | POSITIVE | IMO has a high relative strength, it outperformed 77.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.75 | NEUTRAL | The RSI value for IMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests IMO has a negative trend. |
| Stochastics (14,3) | 64.53 | NEUTRAL | The Stochastics value for IMO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for IMO suggests some volalility. |
| Average Directional Index/ADX (14) | 37.54 | POSITIVE | The high ADX value value for IMO 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 |
|---|---|---|---|
| 80.56 | 77.19 | 3.37 (4.18%) | 23.91% |
| An entry @80.56. This is a Buy Stop order right above the resistance zone. | An exit @77.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.37 points, which is 4.18%. | When investing 23.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NYSEARCA:IMO (7/2/2025, 3:06:04 PM)
80.8
+0.36 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.45%
1 Week2.15%
2 Weeks-1.08%
1 Month10.81%
3 Month26.74%
6 Month28.89%
12 Month16.97%
2 Year49.18%
3 Year67.65%
5 Year414.65%
10 Year117.29%
15 Year106.47%
Volatility
ATR(14)2.39
ATR(20)%2.8%
ATR Inc-23.04%
Range Today1.73
ADR(20)2.15
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.17
Mansfield0.57
10 Day High82.8
10 Day Low77.2
20 Day High82.85
20 Day Low70.99
52 Week High82.85
52 Week Low58.76
CS1 End71.21
CR1 Start79.72
Volume & EV
DER(3)-2.03%
DER(5)-0.01%
Volume186.81K
Volume Incr-17.68%
Vol(5)366.10K
Vol(50)405.55K