RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of IMOS
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Green day on Wednesday for ChipMOS TECHNOLOGIES (Bermuda) LTD. stock after gaining 3.24%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 13, 2024 Gain 7.51% PDF

The ChipMOS TECHNOLOGIES (Bermuda) LTD. stock price gained 3.24% on the last trading day (Wednesday, 27th Mar 2024), rising from $30.24 to $31.22. During the last trading day the stock fluctuated 1.36% from a day low at $30.90 to a day high of $31.32. The price has risen in 5 of the last 10 days and is up by 1.5% over the past 2 weeks. Volume fell on the last day by -5 thousand shares and in total, 14 thousand shares were bought and sold for approximately $432.71 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 16.85% during the next 3 months and, with a 90% probability hold a price between $33.85 and $37.85 at the end of this 3-month period.

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IMOS Signals & Forecast

The ChipMOS TECHNOLOGIES (Bermuda) LTD. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $31.33. On a fall, the stock will find some support from the long-term average at approximately $29.42. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -2.71%. Further fall is indicated until a new bottom pivot has been found. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for ChipMOS TECHNOLOGIES (Bermuda) LTD. stock

ChipMOS TECHNOLOGIES (Bermuda) LTD. finds support from accumulated volume at $29.88 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.420 between high and low, or 1.36%. For the last week the stock has had daily average volatility of 1.04%.

Our recommended stop-loss: $29.92 (-4.17%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (IMOS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect ChipMOS TECHNOLOGIES (Bermuda) LTD. to open at $31.15, and during the day (based on 14 day Average True Range), to move between $30.53 and $31.91, which gives a possible trading interval of +/-$0.692 (+/-2.22%) up or down from last closing price. If ChipMOS TECHNOLOGIES (Bermuda) LTD. takes out the full calculated possible swing range there will be an estimated 4.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $31.42 (0.64%) than the support at $29.88 (4.29%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is ChipMOS TECHNOLOGIES (Bermuda) LTD. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ChipMOS TECHNOLOGIES (Bermuda) LTD. stock to perform well in the short-term.

Current score: 1.110 Buy Candidate Unchanged

Predicted Opening Price for ChipMOS TECHNOLOGIES (Bermuda) LTD. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$31.15 ( 0.235%) $31.22

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for IMOS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 31.57 1.11 %
R2 31.41 0.596 %
R1 31.31 0.279 %
Current price: 31.22
Support S1 30.99 -0.749 %
S2 30.89 -1.07 %
S3 30.73 -1.58 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 32.09 2.79 %
R2 31.88 2.11 %
R1 31.42 0.641 %
Current price 31.22
Support S1 29.88 -4.29%
S2 29.66 -5.00%
S3 28.20 -9.67%

IMOS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 30, 2023 Jun 29, 2023 Jul 27, 2023 $1.50 6.63%
2 May 31, 2022 Jun 29, 2022 Jul 27, 2022 $2.92 12.22%
3 Jul 21, 2021 Aug 06, 2021 Sep 08, 2021 $1.57 4.03%
4 Jan 01, 1900 Jul 01, 2020 Jan 01, 1900 $1.21 0%
5 Jun 27, 2019 Aug 07, 2019 Aug 08, 2019 $0.773 4.19%

FAQ

What is the symbol for ChipMOS TECHNOLOGIES (Bermuda) LTD. Stock and on which exchange is it traded?
The symbol for ChipMOS TECHNOLOGIES (Bermuda) LTD. is IMOS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell ChipMOS TECHNOLOGIES (Bermuda) LTD. Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ChipMOS TECHNOLOGIES (Bermuda) LTD. stock to perform well in the short-term.

How to buy ChipMOS TECHNOLOGIES (Bermuda) LTD. Stock?
ChipMOS TECHNOLOGIES (Bermuda) LTD. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ChipMOS TECHNOLOGIES (Bermuda) LTD. Stock.

What's the current price of ChipMOS TECHNOLOGIES (Bermuda) LTD. Stock?
As of the end of day on the 2024-03-27, the price of an ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS) share was $31.22.

What is the 52-week high and low for ChipMOS TECHNOLOGIES (Bermuda) LTD. Stock?
The 52-week high for ChipMOS TECHNOLOGIES (Bermuda) LTD. Stock is $32.19 and the 52-week low is $21.58.

What is the market capitalization of ChipMOS TECHNOLOGIES (Bermuda) LTD. Stock?
As of the 2024-03-27, the market capitalization of ChipMOS TECHNOLOGIES (Bermuda) LTD. is 1.1B.

When is the next earnings date for ChipMOS TECHNOLOGIES (Bermuda) LTD.?
The upcoming earnings date for ChipMOS TECHNOLOGIES (Bermuda) LTD. is May 02, 2024.
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