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IM Cannabis Corp.

IMCC Technical Analysis Summary (NASDAQ)

Analyze IMCC on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

IMCCNASDAQ
HealthcareDrug Manufacturers - Specialty & Generic
$4.23
$2.49(143.10%)
U.S. Market opens in 28h 38m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

IMCC Technical Analysis Summary (NASDAQ)

IM Cannabis Corp. (NASDAQ: IMCC) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 76.31)
Trend Strength:Strong (ADX: 39.67)
Volatility:High (ATR: 0.76)
Support/Resistance:$0.50 – $4.39 (Bollinger Bands)

Technical conditions suggest IM Cannabis Corp. on the NASDAQ is awaiting a decisive move. Overall, IM Cannabis Corp. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 76.31

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 16.40

Bullish
Oversold zone signals rebound potential.

Williams %R: -61.97

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 24.63

Strongly Bullish
Strong upside momentum.

Takeaway:IM Cannabis Corp. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.37

Bullish
Bullish, trend momentum is strengthening.

ADX: 39.67

Strong
Strong trend, momentum well established.

ATR (14): 0.76

Low
Low volatility, stable price action.

CCI (14): 272.51

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:IM Cannabis Corp. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.39
Middle Band (SMA 20)
$2.45
Lower Band
$0.50
Current Position
Within Bands

Takeaway:IM Cannabis Corp. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$3.55
Middle Line (EMA 20)
$2.04
Lower Channel
$0.53
Squeeze Status
No Squeeze

Takeaway:IM Cannabis Corp. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-6.28M
Money Flow Index99.78Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index38.57Bearish, price momentum favors sellers.

Overall Takeaway:IMCC shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of IM Cannabis Corp. (NASDAQ: IMCC), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:IM Cannabis Corp. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: IMCC) Technical Analysis FAQ