Taking everything into account, IMG scores 0 out of 10 in our technical rating. IMG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of IMG is bad and it also does not present a quality setup 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
1.60
When analyzing the resistance we notice one important area.
- Resistance @3.21 from a trend line in the daily time frame.
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 IMG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IMG is down. |
| ChartMill Relative Strength | 0.92 | NEGATIVE | IMG has a low relative strength, it was outperformed by 99.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IMG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IMG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IMG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.59 | OVERSOLD | The low RSI value suggests IMG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests IMG has a negative trend. |
| Stochastics (14,3) | 3.58 | OVERSOLD | The low Stochastics value suggests IMG may be oversold. |
| Average True Range in percent/ATR (20) | 23.69 | HIGH VOLATILITY | The high ATR as a percentage value for IMG suggests high volalility. |
| Average Directional Index/ADX (14) | 22.2 | NEUTRAL | The ADX value for IMG suggests a possible start of a new trend. |
1.62
-0.27 (-14.29%)
CIMG INC / IMG FAQ
What is the technical rating for IMG stock?
ChartMill assigns a technical rating of 0 / 10 to IMG.
What is the current trend direction of CIMG INC (IMG) stock?
The current trend direction for CIMG INC (IMG) is Bearish.
Can you provide the RSI signal for CIMG INC?
CIMG INC (IMG) has an RSI value of 28.5922. This indicates that the stock is currently oversold.
What is the buy/sell signal for IMG stock?
The buy/sell signal for CIMG INC (IMG) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CIMG INC?
CIMG INC (IMG) has a resistance level at 3.21. Check the full technical report for our detailed analysis of IMG support and resistance levels.