IMAC HOLDINGS INC (BACK)
US44967K3023 - Common Stock
We assign a technical rating of 3 out of 10 to BACK. Recently some decent action could be observed, but in the medium term time frame this is still negative. BACK was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
88% of all other stocks performed better in the past year than BACK.
BACK is one of the lesser performing stocks in the Health Care Providers & Services industry. 67% of 109 stocks in the same industry do better.
BACK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BACK is lagging the market.
In the last month BACK has a been trading in the 1.07 - 1.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BACK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for BACK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.04
1.43
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.20 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.05 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.35 from a trend line in the daily time frame.
- Resistance @1.42 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.68
Mansfield-4.07
10 Day High1.45
10 Day Low1.16
20 Day High1.45
20 Day Low1.07
52 Week High7.75
52 Week Low0.98
Performance
1 Week-7.63%
2 Weeks-6.92%
1 Month0.83%
3 Month-7.63%
6 Month-18.79%
12 Month-40.1%
2 Year-88.21%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)47.99
LBB1.16
UBB1.41
IMAC HOLDINGS INC
NASDAQ:BACK (1/15/2025, 11:27:25 AM)
1.3
+0.09 (+7.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg7.44%
1 Week-7.63%
2 Weeks-6.92%
1 Month0.83%
3 Month-7.63%
6 Month-18.79%
12 Month-40.1%
2 Year-88.21%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%10.49%
ATR Inc-44.34%
Range Today0.08
ADR(20)0.12
ADR(20)%9.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.68
Mansfield-4.07
10 Day High1.45
10 Day Low1.16
20 Day High1.45
20 Day Low1.07
52 Week High7.75
52 Week Low0.98
CS1 End1.2
CR1 Start1.35
Volume & EV
DER(3)9.64%
DER(5)10.67%
Volume28.89K
Volume Incr-37.06%
Vol(5)32.90K
Vol(50)36.99K