IMPERIAL OIL LTD (IMO) Stock Technical Analysis
NYSEARCA:IMO - CA4530384086 - Common Stock
89.56 USD
+2.77 (+3.19%)
89.56 USD
0 (0%)
Overall IMO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IMO did better than 81% of all other stocks. On top of that, IMO also shows a nice and consistent pattern of rising prices.
IMO is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 88% of 210 stocks in the same industry.
IMO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IMO has a been trading in the 82.45 - 91.17 range, which is quite wide. It is currently trading near the high of this range.
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.
More info and screens
60.52
90.46
4 important support areas can be observed.
- A support zone ranging from 86.01 to 87.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 81.92 to 82.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @64.92 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.
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 | 81.09 | POSITIVE | IMO has a high relative strength, it outperformed 81.09% 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) | 63.46 | NEUTRAL | The RSI value for IMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62 | NEUTRAL | The Stochastics value for IMO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for IMO suggests low volalility. |
| Average Directional Index/ADX (14) | 24.88 | NEUTRAL | The ADX value for IMO suggests a possible start of a new 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)
89.56
+2.77 (+3.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.19%
1 Week0.38%
2 Weeks1.95%
1 Month7.44%
3 Month9.34%
6 Month31.9%
12 Month35.12%
2 Year45.41%
3 Year106.98%
5 Year648.83%
10 Year183.33%
15 Year136.81%
Volatility
ATR(14)1.75
ATR(20)%1.73%
ATR Inc55.24%
Range Today2.83
ADR(20)1.46
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.09
Mansfield1.1
10 Day High91.17
10 Day Low86.65
20 Day High91.17
20 Day Low82.45
52 Week High91.17
52 Week Low58.76
CS1 End87.28
CR1 StartN/A
Volume & EV
DER(3)-1.54%
DER(5)-0.02%
Volume322.69K
Volume Incr8.99%
Vol(5)381.60K
Vol(50)362.08K