We assign a technical rating of 10 out of 10 to IMO. Both in the recent history as in the last year, IMO has proven to be a steady performer, scoring decent points in every aspect analyzed.
IMO has an excellent technical rating, but the quality of the setup is only medium 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.
82.49
4 important support areas can be observed.
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 is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IMO is neutral. |
| ChartMill Relative Strength | 86.59 | POSITIVE | IMO has a high relative strength, it outperformed 86.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMO is below 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) | 48.94 | NEUTRAL | The RSI value for IMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests IMO has a negative trend. |
| Stochastics (14,3) | 46.61 | NEUTRAL | The Stochastics value for IMO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for IMO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.13 | POSITIVE | The high ADX value value for IMO suggests a strong trend. |
94.94
-3.26 (-3.32%)
ChartMill assigns a technical rating of 10 / 10 to IMO.
The current trend direction for IMPERIAL OIL LTD (IMO) is Bullish.
IMPERIAL OIL LTD (IMO) has an RSI value of 48.9428. This indicates that the stock is currently neutral.
The MACD indicator for IMPERIAL OIL LTD (IMO) has a value of -0.331325, indicating a bearish trend.