Imperial Oil Stock Technical Analysis

IMO Stock  USD 69.13  0.48  0.70%   
As of the 29th of March, Imperial Oil retains the Risk Adjusted Performance of 0.1252, downside deviation of 1.36, and Market Risk Adjusted Performance of 0.4346. Imperial Oil technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have collected data for nineteen technical drivers for Imperial Oil, which can be compared to its competitors. Please check out Imperial Oil standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Imperial Oil is priced fairly, providing market reflects its last-minute price of 69.13 per share. Given that Imperial Oil has jensen alpha of 0.2154, we strongly advise you to confirm Imperial Oil's regular market performance to make sure the company can sustain itself at a future point.

Imperial Oil Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Imperial, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Imperial
  
Imperial Oil's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Imperial Oil Analyst Consensus

Target PriceAdvice# of Analysts
67.37Buy18Odds
Imperial Oil current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Imperial analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Imperial stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Imperial Oil, talking to its executives and customers, or listening to Imperial conference calls.
Imperial Analyst Advice Details
Imperial Oil technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Imperial Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Imperial Oil trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Imperial Oil Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Imperial Oil volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Imperial Oil Trend Analysis

Use this graph to draw trend lines for Imperial Oil. You can use it to identify possible trend reversals for Imperial Oil as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Imperial Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Imperial Oil Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Imperial Oil applied against its price change over selected period. The best fit line has a slop of   0.22  , which may imply that Imperial Oil will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1796.29, which is the sum of squared deviations for the predicted Imperial Oil price change compared to its average price change.

About Imperial Oil Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Imperial Oil on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Imperial Oil based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Imperial Oil price pattern first instead of the macroeconomic environment surrounding Imperial Oil. By analyzing Imperial Oil's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Imperial Oil's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Imperial Oil specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.02010.02530.0248
Price To Sales Ratio0.740.630.92

Imperial Oil March 29, 2024 Technical Indicators

Most technical analysis of Imperial help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Imperial from various momentum indicators to cycle indicators. When you analyze Imperial charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Imperial Oil March 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Imperial stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Imperial Oil offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Imperial Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Imperial Oil Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Imperial Oil Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imperial Oil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Imperial Stock, please use our How to Invest in Imperial Oil guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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When running Imperial Oil's price analysis, check to measure Imperial Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Imperial Oil is operating at the current time. Most of Imperial Oil's value examination focuses on studying past and present price action to predict the probability of Imperial Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Oil's price. Additionally, you may evaluate how the addition of Imperial Oil to your portfolios can decrease your overall portfolio volatility.
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Is Imperial Oil's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Imperial Oil. If investors know Imperial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Imperial Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
1.94
Earnings Share
6.25
Revenue Per Share
88.208
Quarterly Revenue Growth
(0.1)
The market value of Imperial Oil is measured differently than its book value, which is the value of Imperial that is recorded on the company's balance sheet. Investors also form their own opinion of Imperial Oil's value that differs from its market value or its book value, called intrinsic value, which is Imperial Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Imperial Oil's market value can be influenced by many factors that don't directly affect Imperial Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Imperial Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imperial Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imperial Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.