Charting Only., page-2526

First 2526 Last

Share
Profile

Follow
Agent-86

2,735 Posts.

1062

22/01/21

08:07

Post #: 50360762
Share

Originally posted by Mr.Gold: ↑

HI IMU holders... was asked recently my opinion of the 12 month chart for IMU... I noticed this is a charting thread only, so perfect place to post a chart...

I don't know much about the fundamentals here, but I will say the chart is strongly bullish... worthy of research to say the least.. Im a big fan of TA and FA lining up...so yeah, need to research the FA to have a overall opinion... but the chart is impressive...even signs of a breakout today of what could seem a strong bullish flag...

strong volume today, nice gains of late... a lot of strength here..

View attachment 2838089

Strong Bullish Trend
IMU appears to be in a strong bullish trend. Its 200-day moving average is upwards sloping and the MACD histogram is above 0 and rising. Comparative Relative Strength analysis shows that the stock is outperforming both the S&P/ASX 200 and the Health Care sector average.

Strong Bullish Momentum
Momentum for IMU is strongly bullish. The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares.

Above Average Volume
Today's volume was heavier than usual, trading over 36M shares, versus an average of 15.9M shares per day during the last twelve months. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.

Bollinger Bands Signal Recent Normal Volatility
Bollinger Bands use standard deviation of closing prices around a moving average to measure volatility. Presently, the Bollinger Bands for IMU are of a normal width, and signal that volatility has been in-line with the norm for this stock.

If you like my charting and analysis please feel free to click over my avatar and click follow, please tag me in any other stock threads for some alike analysis, I will do my best to accommodate, sometimes I get too busy however, but I do try... love being bought attention to other stocks...

Expand

Many thanks Mr, Gold. I like your work. I am more FA and trying to understand more TA. Your charting and explanations are easy to read and understand. Well done. Good luck.

IMU Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply