IMPERIAL OIL LTD.
IMPERIAL OIL LTD.
- USD (-)
- 15 min delayed data - NYSE MKT Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: IMO
ISIN: CA4530384086

IMPERIAL OIL LTD. - 1H - Technical analysis published on 10/11/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 77.23 USD
My targets
79.29 USD (+1.14%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IMPERIAL OIL LTD. as long as the price remains well above 77.23 USD. The buyers' bullish objective is set at 79.29 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

IMPERIAL OIL LTD. rating 78.40 USD. On the day, this instrument lost -0.39% with the lowest point at 78.11 USD and the highest point at 78.83 USD. The deviation from the price is +0.37% for the low point and -0.55% for the high point.

78.11
78.83
78.40

Here is a more detailed summary of the historical variations registered by IMPERIAL OIL LTD.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of IMPERIAL OIL LTD. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 71.37 73.88 77.23 78.40 79.29
Change (%) -8.97% -5.77% -1.49% - +1.14%
Change -7.03 -4.52 -1.17 - +0.89
Level Major Major Major - Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard75.5376.3477.5278.3379.5180.3281.50
Camarilla78.1678.3578.5378.7178.8979.0879.26
Woodie75.7376.4377.7278.4279.7180.4181.70
Fibonacci76.3477.1077.5778.3379.0979.5680.32


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard64.5667.2272.1874.8479.8082.4687.42
Camarilla75.0575.7476.4477.1477.8478.5479.24
Woodie65.7167.8073.3375.4280.9583.0488.57
Fibonacci67.2270.1371.9374.8477.7579.5582.46


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard57.1261.1465.7969.8174.4678.4883.13
Camarilla68.0768.8669.6670.4571.2572.0472.83
Woodie57.4561.3066.1269.9774.7978.6483.46
Fibonacci61.1464.4566.5069.8173.1275.1778.48

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 56.81
MACD (12,26,9): 0.4900
Directional Movement: 8.82
AROON (14): 50.00
DEMA (21): 78.61
Parabolic SAR (0,02-0,02-0,2): 76.99
Elder Ray (13): 0.05
Super Trend (3,10): 76.92
Zig ZAG (10): 78.21
VORTEX (21): 1.1600
Stochastique (14,3,5): 65.69
TEMA (21): 78.49
Williams %R (14): -39.36
Chande Momentum Oscillator (20): 0.97
Repulse (5,40,3): -0.3500
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 4.11
MA7: 77.70
MA20: 72.58
MA50: 72.37
MA100: 70.33
MAexp7: 78.34
MAexp20: 77.93
MAexp50: 76.62
MAexp100: 74.75
Price / MA7: +0.90%
Price / MA20: +8.02%
Price / MA50: +8.33%
Price / MA100: +11.47%
Price / MAexp7: +0.08%
Price / MAexp20: +0.60%
Price / MAexp50: +2.32%
Price / MAexp100: +4.88%

Quotes : - 15 min delayed data - NYSE MKT Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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