Imax Technical Analysis (NYSE:IMAX)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The IMAX stock chart pattern can give those who understand technical analysis an indication of which way IMAX stock is headed, but cannot predict with 100% certainty as to what can happen to the Imax stock price.
See Imax bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis uses an approach for Imax stock analysis that does not care for the fair value of a company but uses price and volume data only.
Imax Moving Average
Moving averages show the IMAX stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Imax are mostly signals of long term trends and will help long term traders.
Imax Bollinger Bands
Bollinger bands comprise of a center line usually IMAX SMA, and two IMAX stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Imax bollinger bands show that the stock price is $22.6, upper band is 23.56, lower band is 18.8, and the average is 21.18.
Imax Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Imax MACD indicator is above 0 indicating a bullish trend.
Imax Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 78.22 is the RSI value of IMAX stock.