IMO technical analysis

IMO Technical Analysis

Analysis date

July 15, 2026

Market

AMEX (USD)

Daily cutoff

July 14, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

IMO Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
IMO
Market
AMEX
Currency
USD (US Dollar)
Latest completed bar
July 14, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)122.52July 14, 2026-Verified
Finviz (independent)122.52July 14, 2026 (previous close)0.00%Verified

Bottom line

IMO Technical Analysis Summary

IMO presents a mixed technical picture across daily and weekly timeframes. On the daily chart, price at 122.52 trades above SMA20 (115.99) and SMA200 (109.35) but sits marginally below SMA50 (123.02), reflecting short-term bullish momentum constrained by medium-term resistance. RSI14 at 40.72 is in neutral-to-bearish territory, while the MACD histogram at 1.58 with a rising MACD line (-0.18) above the signal line (-1.76) suggests early-stage bullish momentum building. On the weekly chart, the stock trades below SMA20 (123.80) but well above SMA50 (105.18) and SMA200 (71.91), with RSI at 84.52 approaching overbought levels. The weekly MACD shows the line (3.86) below the signal (6.27) with a narrowing histogram, indicating weakening bullish momentum on the longer timeframe. Key support is at SMA20 (115.99) and the 20-day low (110.99). Resistance sits at the SMA50 (123.02) and the 20-day high (123.64), with major resistance at the 52-week high (139.44).

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 14, 2026)

Trend
Mixed. Price at 122.52 is above SMA20 (115.99) and SMA200 (109.35) but below SMA50 (123.02). The SMA20 crossed below the SMA50, creating a short-term bearish alignment while the SMA200 slopes upward, supporting the long-term uptrend.
Momentum
Neutral-bearish. RSI14 at 40.72 is in bearish territory below 50 but not oversold. MACD at -0.18 with signal at -1.76 and a positive histogram of 1.58 indicates the MACD line is rising toward a potential bullish crossover, though it remains below zero.
Volatility
Low. ATR14 at 1.67 (1.36% of price) suggests below-average daily movement. Bollinger Bands (108.27 to 123.72) are relatively narrow with price near the upper band, reflecting the recent recovery from lower levels.
Volume
Below average. Latest volume of 461,844 is 80.8% of the 20-period average (571,680), indicating reduced participation.

Assessment

The daily chart shows a short-term recovery with price bouncing from the 110.99 low toward the SMA50 resistance at 123.02. RSI at 40.72 suggests the trend momentum remains bearish, but the rising MACD histogram points to improving conditions. The key test is whether price can break above the SMA50 (123.02) and the 20-day high (123.64). A successful breakout would shift the technical picture more bullish. Failure to hold above SMA20 (115.99) could lead to a retest of the 110.99 support.

Weekly (July 6, 2026 week)

Trend
Bullish. Price at 122.52 is above SMA50 (105.18) and well above SMA200 (71.91), but slightly below SMA20 (123.80). The SMA200 slopes upward, confirming the long-term uptrend. The price trading near the weekly SMA20 suggests the pullback may be finding support at a key moving average.
Momentum
Bullish but weakening. RSI14 at 84.52 is in overbought territory, suggesting the weekly uptrend is extended. MACD at 3.86 with signal at 6.27 and a negative histogram of -2.41 indicates the weekly momentum is decelerating, though the MACD line remains positive.
Volatility
Moderate. ATR14 at 4.54 (3.71% of price) reflects normal weekly ranges for an integrated oil company.
Volume
Near average. Weekly volume patterns show participation levels in line with historical norms for the stock.

Assessment

The weekly chart presents a mature uptrend that may be losing momentum. Price trading at 122.52 is below the SMA20 (123.80) for the first time in several months, and the RSI at 84.52 is overbought. The MACD histogram is negative and declining, confirming deceleration. The 52-week position at approximately 72% leaves room for further downside before reaching major support. The weekly trend remains bullish above the SMA50 at 105.18, but the combination of overbought RSI and a narrowing MACD suggests the path of least resistance may be sideways to down in the near term.

Key indicators

IMO Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)40.7284.52
MACD (12, 26, 9)-0.18 / -1.76 / 1.583.86 / 6.27 / -2.41
ATR (14)1.67 (1.36%)4.54 (3.71%)
Bollinger Bands (20, 2)108.27 - 123.72111.37 - 136.22
SMA (20)115.99123.80
SMA (50)123.02105.18
SMA (200)109.3571.91

Price structure

IMO Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price122.52122.52
1-Period Return-0.91%+5.10%
5-Period Return+1.04%+1.01%
20-Period Return+1.93%+5.43%
60-Period Return+0.48%+76.21%
252-Period Return+47.33%+70.27%
52-Week Low80.9580.95
52-Week High139.44139.44
52-Week Position71.97%71.97%

Key levels

IMO Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High123.64134.02
20-Period Low110.99113.25
60-Period High138.33134.02
60-Period Low110.9969.53

Scenarios

IMO Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the SMA50 resistance at 123.02 and the 20-day high at 123.64 with above-average volume.

Invalidation

Price falls below the 20-day low of 110.99.

What to watch

Sustained close above 123.64; RSI crossing above 50; MACD line crossing above the signal line and turning positive.

Range-Bound

Trigger

Price oscillates between SMA20 support at 115.99 and SMA50 resistance at 123.02.

Invalidation

A decisive break of either boundary with increasing volume.

What to watch

RSI staying between 30 and 50; volume near or below average; MACD histogram oscillating around zero.

Bearish

Trigger

Price breaks below the SMA20 (115.99) and then the 20-day low at 110.99.

Invalidation

Price reclaims the SMA50 (123.02) and holds above it.

What to watch

Sustained closes below SMA20; increasing downside volume; MACD histogram turning negative again; RSI falling below 30.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 5 years (1,254 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (251 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.