BACK Stock IMAC Holdings (BACK, $0.72) entered Downtrend as Momentum indicator drops below 0 level on Feb 18, 2025

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BACK - IMAC Holdings

Momentum signal

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Odds of DOWN Trend

Price: $0.7227

Daily change: +$0.0827 (+12.92%)

Daily volume: 772.8K

Capitalization: $2.4M

Industry: Medical/Nursing Services

BACK's Stochastic Oscillator is staying in overbought zone for 1 day

Expect a price pull-back in the near future.

Technical Analysis (Indicators)

Bearish Trend Analysis

BACK moved below its 50-day moving average on January 29, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for BACK crossed bearishly below the 50-day moving average on January 27, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BACK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BACK's RSI Oscillator exited the oversold zone, of 39 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on February 19, 2025. You may want to consider a long position or call options on BACK as a result. In of 100 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BACK just turned positive on February 18, 2025. Looking at past instances where BACK's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

Following a +2 3-day Advance, the price is estimated to grow further. Considering data from situations where BACK advanced for three days, in of 217 cases, the price rose further within the following month. The odds of a continued upward trend are .

BACK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 66 cases where BACK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.257) is normal, around the industry mean (4.533). P/E Ratio (0.000) is within average values for comparable stocks, (71.885). BACK's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.595). BACK has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.026). P/S Ratio (0.377) is also within normal values, averaging (21.325).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. BACK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BACK’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock worse than average.