INTERNATIONAL MONEY EXPRESS (IMXI) Stock Technical Analysis
NASDAQ:IMXI • US46005L1017
Overall IMXI gets a technical rating of 7 out of 10. Although IMXI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- IMXI is one of the better performing stocks in the Financial Services industry, it outperforms 76% of 97 stocks in the same industry.
- IMXI 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.
- When compared to the yearly performance of all other stocks, IMXI outperforms 49% of them, which is more or less in line with the market.
- In the last month IMXI has a been trading in a tight range between 15.45 and 15.81.
- Volume is considerably higher in the last couple of days.
IMXI 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
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3 important support areas can be observed.
- A support zone ranging from 15.42 to 15.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.05 from a horizontal line in the daily time frame.
- A support zone ranging from 13.92 to 14.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.79 to 15.86. 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 IMXI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMXI is up. |
| ChartMill Relative Strength | 49.09 | NEUTRAL | IMXI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMXI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMXI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMXI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.97 | OVERBOUGHT | The high RSI value suggests IMXI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IMXI has a positive trend. |
| Stochastics (14,3) | 82.8 | OVERBOUGHT | The high Stochastics value suggests IMXI may be overbought. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for IMXI suggests low volalility. |
| Average Directional Index/ADX (14) | 41.25 | POSITIVE | The high ADX value value for IMXI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.87 | 15.49 | 0.38 (2.39%) | 25.00% |
| An entry @15.87. This is a Buy Stop order right above the resistance zone. | An exit @15.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.38 points, which is 2.39%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.78
+0.04 (+0.25%)
INTERNATIONAL MONEY EXPRESS / IMXI FAQ
What is the technical rating for IMXI stock?
ChartMill assigns a technical rating of 7 / 10 to IMXI.
What is the current trend direction of INTERNATIONAL MONEY EXPRESS (IMXI) stock?
The current trend direction for INTERNATIONAL MONEY EXPRESS (IMXI) is Bullish.
What is the RSI signal for INTERNATIONAL MONEY EXPRESS (IMXI) stock?
INTERNATIONAL MONEY EXPRESS (IMXI) has an RSI value of 72.9738. This indicates that the stock is currently overbought.
What is the short term momentum for IMXI stock?
The short term momentum for INTERNATIONAL MONEY EXPRESS (IMXI) is positive.
Can you provide the buy/sell signal for INTERNATIONAL MONEY EXPRESS?
The buy/sell signal for INTERNATIONAL MONEY EXPRESS (IMXI) is buy as both the short term and long term trends are positive.