Canada - TSX-V:IMU -
We assign a technical rating of 0 out of 10 to IMU. IMU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
IMU 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.
0.43
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 important areas.
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 IMU.CA is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMU.CA is down. |
ChartMill Relative Strength | 38.88 | NEUTRAL | IMU.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMU.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMU.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of IMU.CA is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 41.96 | NEUTRAL | The RSI value for IMU.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IMU.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 12.12 | OVERSOLD | The low Stochastics value suggests IMU.CA may be oversold. |
Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for IMU.CA suggests high volalility. |
0.44
-0.04 (-8.33%)