's Chart of the Day - Impac Mortgage
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 IMH - Impac Mortgage Holdings

The Barchart Chart of the Day belongs to the mortgage REIT Impac Mortgage (IMH). I found the sotck by using Barchart's powerful screening tools to search for stocks with the highest Weighted Alpha and technical buy signals then sorted that list by the most frequent number of new highs in the last month. Last I used the Flipchart function to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on7/30 the stock gained 67.26%.

Impac Mortgage Holdings, Inc. is a mortgage real estate investment trust, which, together with its subsidiaries and related companies, primarily operates three businesses: (1) the Long-Term Investment Operations, (2) the Mortgage Operations, and (3) the Warehouse Lending Operations.


Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report.

Barchart technical indicators:

  • 88% technical buy signals
  • 36.50+ Weighted Alpha
  • 19.12% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 11.42% in the last month
  • Relative Strength Index 52.09%
  • Technical support level at 7.37
  • Recently traded at 7.51 with a 50 day moving average of 6.93

Fundamental factors:

  • Market Cap $159 million
  • Revenue expected to grow 1.50% this year buy be down 16.70% next year
  • Earnings estimated to increase 234.30% this year, decrease by 113.10% next year and compound at an annual rate of 4.00% for the next 5 years
  • The stock is followed by one Wall Street analysts who rates it a buy
  • The individual investors following the stock on Motley Fool voted 2 to 2 that the stock will under perform the market
  • 1,475 investors monitor the stock on Seeking Alpha