Technical Analysis for BACK - IMAC Holdings, Inc.

Grade Last Price % Change Price Change
C 3.33 10.26% 0.31
BACK closed up 10.26 percent on Friday, May 24, 2024, on 3 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 31
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish 10.26%
MACD Bearish Centerline Cross Bearish 10.26%
Stochastic Reached Oversold Weakness 10.26%
Outside Day Range Expansion 10.26%
Wide Bands Range Expansion 10.26%
Oversold Stochastic Weakness 10.26%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High 4 days ago
Up 10% 4 days ago
60 Minute Opening Range Breakout 4 days ago
Up 5% 4 days ago
Up 3% 4 days ago

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Profile

IMAC was created in March 2015 to expand on the footprint of the original IMAC Regeneration Center, which opened in Kentucky in August 2000. IMAC Regeneration Centers combine life-science advancements with traditional medical care for movement restricting diseases and conditions. IMAC owns or manages more than 15 outpatient clinics that provide regenerative, orthopedic and minimally invasive procedures and therapies. It has partnered with several active and former professional athletes including Ozzie Smith, David Price, Mike Ditka and Tony Delk. IMAC’s outpatient medical clinics emphasize treating sports and orthopedic injuries and movement-restricting diseases without surgery or opioids.
Classification

Sector: Healthcare
Industry: Medical Care
Keywords: Disease Surgery Clinic Minimally Invasive Procedure Orthopedic Surgery

Is BACK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.75
52 Week Low 1.2176
Average Volume 1,246,998
200-Day Moving Average 2.30
50-Day Moving Average 3.10
20-Day Moving Average 3.48
10-Day Moving Average 3.22
Average True Range 0.44
RSI (14) 50.25
ADX 50.71
+DI 31.18
-DI 11.91
Chandelier Exit (Long, 3 ATRs) 6.42
Chandelier Exit (Short, 3 ATRs) 4.35
Upper Bollinger Bands 4.08
Lower Bollinger Band 2.88
Percent B (%b) 0.38
BandWidth 34.74
MACD Line -0.01
MACD Signal Line 0.06
MACD Histogram -0.0746
Fundamentals Value
Market Cap 3.79 Million
Num Shares 1.14 Million
EPS -14.12
Price-to-Earnings (P/E) Ratio -0.24
Price-to-Sales 0.28
Price-to-Book 0.48
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.96
Resistance 3 (R3) 3.93 3.68 3.86
Resistance 2 (R2) 3.68 3.52 3.70 3.82
Resistance 1 (R1) 3.51 3.42 3.60 3.54 3.78
Pivot Point 3.26 3.26 3.31 3.28 3.26
Support 1 (S1) 3.09 3.10 3.18 3.12 2.88
Support 2 (S2) 2.84 3.00 2.86 2.84
Support 3 (S3) 2.67 2.84 2.81
Support 4 (S4) 2.70