Imax Corp | IMAX

Daily Technical Analysis of Imax Corp

Imax hasn't moved too much today but is slightly down, it has lost -0.89% since yesterday.

Imax doesn't seem to be at a very clear reversal point in either direction. Imax has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. IMAX may hit some resistance around the 17.77 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.

Analyst Ratings for Imax By Price Target And Rating

The analysts feel fairly neutral on the prospects for Imax but a little more positive than negative. The current Analysts Sentiment Score is 17.73. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-26 there was confirmation of the previous rating by Wedbush which was Outperform and provided a price target of $22.00. On 2024-04-26 there was confirmation of the previous rating by Benchmark which was Buy and provided a price target of $22.00. On 2024-04-22 there was confirmation of the previous rating by Barrington Research which was Outperform and decided to decrease their price target by 0% down to $24.00. Rosenblatt Securities announced a lowering of their price target to $25.00 from $30.00 on 2024-02-13. JPMorgan Chase & Co. provided a price target decease of -15% to $17.00 from $20.00 on 2024-02-06. On 2024-01-11 The Goldman Sachs Group lowered their price target by -13.33% to $13.00. B. Riley announced a lowering of their price target to $21.00 from $27.00 on 2024-01-02.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Imax

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Imax

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.