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 12/04/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

28%

50%

My opinion

Bearish under 57.86 USD

My targets

56.24 USD (-1.07%)

54.75 USD (-3.69%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on IMPERIAL OIL LTD. as long as the price remains well below 57.86 USD. The sellers' bearish objective is set at 56.24 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 54.75 USD. In case of crossing, the next objective would be the support located at 53.52 USD.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

3.4

Comment on the analysis

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:

Additional analysis

Quotes

The IMPERIAL OIL LTD. rating is 56.85 USD. On the day, this instrument lost -0.35% with the lowest point at 56.47 USD and the highest point at 57.28 USD. The deviation from the price is +0.67% for the low point and -0.75% for the high point.

56.47

57.28

56.85

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of IMPERIAL OIL LTD. indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	53.52	54.75	56.24	56.85	57.86	59.09	62.37
Change (%)	-5.86%	-3.69%	-1.07%	-	+1.78%	+3.94%	+9.71%
Change	-3.33	-2.10	-0.61	-	+1.01	+2.24	+5.52
Level	Minor	Major	Major	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	54.52	55.39	56.22	57.09	57.92	58.79	59.62
Camarilla	56.58	56.74	56.89	57.05	57.21	57.36	57.52
Woodie	54.50	55.38	56.20	57.08	57.90	58.78	59.60
Fibonacci	55.39	56.04	56.44	57.09	57.74	58.14	58.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	53.67	54.96	56.01	57.30	58.35	59.64	60.69
Camarilla	56.41	56.62	56.84	57.05	57.27	57.48	57.69
Woodie	53.54	54.90	55.88	57.24	58.22	59.58	60.56
Fibonacci	54.96	55.86	56.41	57.30	58.20	58.75	59.64

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	47.97	50.75	53.54	56.32	59.11	61.89	64.68
Camarilla	54.81	55.32	55.83	56.34	56.85	57.36	57.87
Woodie	47.99	50.75	53.56	56.32	59.13	61.89	64.70
Fibonacci	50.75	52.87	54.19	56.32	58.44	59.76	61.89

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):	45.50
MACD (12,26,9):	-0.0900
Directional Movement:	-10.08
AROON (14):	21.43
DEMA (21):	57.09
Parabolic SAR (0,02-0,02-0,2):	57.84
Elder Ray (13):	-0.16
Super Trend (3,10):	57.95
Zig ZAG (10):	56.96
VORTEX (21):	0.9300
Stochastique (14,3,5):	49.61
TEMA (21):	57.02
Williams %R (14):	-59.41
Chande Momentum Oscillator (20):	0.60
Repulse (5,40,3):	-0.0500
ROCnROLL:	2
TRIX (15,9):	-0.0200
Courbe Coppock:	0.40

MA7:	57.20
MA20:	56.74
MA50:	58.38
MA100:	56.65
MAexp7:	57.08
MAexp20:	57.21
MAexp50:	57.26
MAexp100:	57.25
Price / MA7:	-0.61%
Price / MA20:	+0.19%
Price / MA50:	-2.62%
Price / MA100:	+0.35%
Price / MAexp7:	-0.40%
Price / MAexp20:	-0.63%
Price / MAexp50:	-0.72%
Price / MAexp100:	-0.70%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

Don't forget to follow the news on IMPERIAL OIL LTD.. At the time of publication of this analysis, the latest news was as follows:

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

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