Here's a couple of different perspectives on IMU Charts. First - Ichimoku.
IMU Ichimoku Cloud chart remains bullish.
Chart is above the Kumo Cloud and above the Conversion Line and the Base Line. Conversion Line is above Base Line.
Money Flow Index and Base Line both indicate a sideways trend. (The Base Line is the flat red line. If it's not "red" give me some slack - I'm very very colour blind.)
Now: Double Bollinger Bands, 20/2 and 20/1.
Bollinger Bands (20/1) have flattened out, suggesting the Stock is in a consolidation pattern.
Friday's candle has nudged into the buy zone above the upper Band of BBs (20/1). But the move is not very convincing. Flat MFI suggests this is in non-trending mode.
We need to see BBs (20/2) start to broaden out to be convincing that IMU is in another move to the upside.
I'm not saying it can't happen - but we do need to wait on further evidence.
Here's a couple of different perspectives on IMU Charts. First -...
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $356.9M | |||
| Open | High | Low | Value | Volume |
| 5.0¢ | 5.0¢ | 4.7¢ | $2.298M | 47.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1925982 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 3452098 | 12 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |