BITWISE MSTR INCOME STRAT (IMST) Technical Analysis
NYSEARCA:IMST • US0917488068
Current stock price
IMST Technical Rating and Analysis
Taking everything into account, IMST scores 3 out of 10 in our technical rating. In the past year, IMST was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, IMST is a bad performer in the overall market: 94% of all stocks are doing better.
- IMST is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month IMST has a been trading in the 9.69 - 12.16 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
IMST Weekly and Daily overview Charts
IMST Setup Rating and Analysis
IMST has a poor technical rating and the quality of the setup is also not perfect 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
IMST Support and Resistance Analysis
9.88
When analyzing the support we can see 2 important areas.
- Support @10.25 from a trend line in the daily time frame.
- A support zone ranging from 9.98 to 9.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @11.62 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.95 to 12.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IMST 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 | DOWN | NEGATIVE | The long term trend for IMST is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMST is up. |
| ChartMill Relative Strength | 6 | NEGATIVE | IMST has a low relative strength, it was outperformed by 94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.78 | NEUTRAL | The RSI value for IMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests IMST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.11 | OVERBOUGHT | The high Stochastics value suggests IMST may be overbought. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for IMST suggests some volalility. |
| Average Directional Index/ADX (14) | 17.85 | NEGATIVE | The low ADX value for IMST suggests a weak or negative trend. |
IMST Chart- and CandleStick Pattern Analysis
IMST Technicals: Chart, Performance Metrics, Trend & Indicators
11.6087
-0.31 (-2.59%)
BITWISE MSTR INCOME STRAT / IMST TA FAQ
What is the technical rating for IMST stock?
ChartMill assigns a technical rating of 3 / 10 to IMST.
What is the trend direction for IMST stock?
The current trend direction for BITWISE MSTR INCOME STRAT (IMST) is Bearish.
What is the RSI signal for IMST stock?
BITWISE MSTR INCOME STRAT (IMST) has an RSI value of 55.7788. This indicates that the stock is currently neutral.
What is the short term momentum for BITWISE MSTR INCOME STRAT (IMST) stock?
The short term momentum for BITWISE MSTR INCOME STRAT (IMST) is positive.
What is the buy/sell signal for IMST stock?
The buy/sell signal for BITWISE MSTR INCOME STRAT (IMST) is hold as the short term and long term trends are mixed.