Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where IMAX declined for three days, in of 325 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on November 06, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on IMAX as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for IMAX turned negative on November 08, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 50-day moving average for IMAX moved below the 200-day moving average on November 16, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
The Aroon Indicator for IMAX entered a downward trend on November 28, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 14 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IMAX advanced for three days, in of 282 cases, the price rose further within the following month. The odds of a continued upward trend are .
IMAX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. IMAX’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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 (3.099) is normal, around the industry mean (5.263). P/E Ratio (36.232) is within average values for comparable stocks, (75.699). Projected Growth (PEG Ratio) (0.806) is also within normal values, averaging (2.839). Dividend Yield (0.000) settles around the average of (0.063) among similar stocks. P/S Ratio (2.322) is also within normal values, averaging (116.903).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable 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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. IMAX’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 88, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of projection and sound systems for large screen theaters
|MFs / NAME||Price $||Chg $||Chg %|
|Sparrow Growth No-Load|
|Fidelity Advisor Asset Manager® 40% Z|
|SEI Dynamic Asset Allocation F (SIMT)|
|JHancock Real Estate Securities 1|
|MainStay Winslow Large Cap Growth Simple|
A.I.dvisor indicates that over the last year, IMAX has been loosely correlated with CNK. These tickers have moved in lockstep 60% of the time. This A.I.-generated data suggests there is some statistical probability that if IMAX jumps, then CNK could also see price increases.