IMP Technical Analysis - INTERMAP TECHNOLOGIES CORP

Technical Rating and Analysis

Taking everything into account, IMP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMP is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!

When comparing the yearly performance of all stocks, we notice that IMP is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, IMP also shows a nice and consistent pattern of rising prices.

IMP is part of the Software industry. There are 64 other stocks in this industry. IMP outperforms 92% of them.

IMP 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 IMP has a been trading in the 2.91 - 3.49 range, which is quite wide. It is currently trading near the high of this range.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

INTERMAP TECHNOLOGIES CORP / IMP Weekly stock chart

INTERMAP TECHNOLOGIES CORP / IMP Daily stock chart

Setup Rating and Analysis

Although IMP has an excellent technical rating, it does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.19

3.48

We found 4 important support areas.

A support zone ranging from 3.00 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @2.94 from a horizontal line in the daily time frame.
Support @2.53 from a trend line in the daily time frame.
A support zone ranging from 2.21 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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 IMP.CA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for IMP.CA is up.
ChartMill Relative Strength	96.58	POSITIVE	IMP.CA has a high relative strength, it outperformed 96.58% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of IMP.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of IMP.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of IMP.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)	67.58	NEUTRAL	The RSI value for IMP.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests IMP.CA has a positive trend.
Stochastics (14,3)	81.9	OVERBOUGHT	The high Stochastics value suggests IMP.CA may be overbought.
Average True Range in percent/ATR (20)	4.83	MEDIUM VOLATILITY	The ATR as a percentage value for IMP.CA suggests some volalility.
Average Directional Index/ADX (14)	29.1	POSITIVE	The high ADX value value for IMP.CA suggests a strong trend.