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Stock Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
IM Cannabis Corp. - Common Shares (NASDAQ:IMCC)
Bull Market Weakness (+75) - IMCC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IMCC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IMCC?
MarketClub looks at technical strength and momentum to determine if the timing is right for IMCC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IMCC
The long-term trend has been DOWN since Jan 21st, 2022 at 2.2600
The intermediate-term trend has been UP since Aug 12th, 2022 at 0.6900
The short-term trend has been UP since Aug 11th, 2022 at 0.5936
Smart Scan Analysis for IMCC
Based on our trend formula, IMCC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5768 | 0.7100 | 0.5121 | 0.6534 | +0.1032 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6534 | 1178362 | 2022-08-12 15:59:55 |
| 52wk High | 4.99 | 52wk High Date | 2021-08-12 |
| 52wk Low | 0.394 | 52wk Low Date | 2022-08-03 |
| Average Volume | 272,857 | Shares Outstanding | 40,141 |
| Assets | 287,388,000M | Liabilities | 86,152,000M |