IMS Technical Analysis - IMMSI SPA

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to IMS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IMS is only an average performer.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

IMS is part of the Automobiles industry. There are 28 other stocks in this industry. IMS outperforms 77% of them.

When comparing the performance of all stocks over the past year, IMS turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.

IMS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMS is lagging the market.

In the last month IMS has a been trading in the 0.54 - 0.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

IMS 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.47

0.60

When analyzing the support we can see 4 important areas.

Support @0.51 from a trend line in the daily time frame.
A support zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Strong support @0.49 from a horizontal line in the daily time frame.
Support @0.47 from a horizontal line in the weekly time frame.

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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 IMS.MI is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for IMS.MI is neutral.
ChartMill Relative Strength	68.8	NEUTRAL	IMS.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of IMS.MI is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of IMS.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of IMS.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)	47.76	NEUTRAL	The RSI value for IMS.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests IMS.MI has a negative trend.
Stochastics (14,3)	11.51	OVERSOLD	The low Stochastics value suggests IMS.MI may be oversold.
Average True Range in percent/ATR (20)	4.54	MEDIUM VOLATILITY	The ATR as a percentage value for IMS.MI suggests some volalility.
Average Directional Index/ADX (14)	31.05	POSITIVE	The high ADX value value for IMS.MI suggests a strong trend.