June Quarter Was Below +25% Minimum Earnings Guideline - Tuesday, August 23, 2022
Finished Strong With Another Volume-Driven Gain After Earnings - Wednesday, August 3, 2022
Stalled Since Clearing Double Bottom Base - Friday, July 15, 2022
Volume Heavy While Rallying from Double Bottom Base - Friday, July 1, 2022
Fell Below 50-Day Moving Average Line Testing Prior Highs - Thursday, May 12, 2022
Consolidating After Rally From Previously Noted Base - Monday, April 18, 2022
Holding Ground After Rallying From Prior Base - Thursday, March 24, 2022
Featured Stocks - Wednesday, March 23, 2022
Volume-Driven Gains Challenged All-Time High - Tuesday, March 8, 2022
June Quarter Was Below +25% Minimum Earnings Guideline - Tuesday, August 23, 2022
International Money Express (IMXI -$0.65 or -2.58% to $24.59) was down today for a 3rd consecutive small loss on lighter than average volume, retreating from its all-time high. It has been noted as extended from the previously noted base. Prior highs in the $22 area and its 50-day moving average (DMA) line ($22.66) define important near-term support to watch.
Recently it reported Jun '22 quarterly earnings +21% on +17% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. IMXI has a 95 Earnings Per Share rating. The Financial Services-Specialty firm's prior 8 quarterly comparisons showed earnings increases above the year ago period by more than +25% (C criteria).
There is a small supply of only 38.4 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 210 in Mar '21 to 308 in Jun '22, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 2.2 is an unbiased indication its shares have been under accumulation over the past 50 days.
Finished Strong With Another Volume-Driven Gain After Earnings - Wednesday, August 3, 2022
International Money Express (IMXI +$0.06 or +0.24% to $24.99) managed a new high close with today's 5th gain backed by above average volume in the span of 6 sessions. It reported Jun '22 quarterly earnings +26% on +21% sales revenues versus the year ago period, continuing its streak of quarterly earnings increases. Volume and volatility often increase near earnings news. Prior highs in the $22 area define initial support to watch above its 50-day moving average (DMA) line ($21.27).
IMXI was highlighted in yellow in the 7/01/22 mid-day report (read here) with new pivot point cited based on its 6/06/22 high after a "double bottom" base. It was last shown with detailed analysis on 7/15/22 with an annotated graph under the headline, "Stalled Since Clearing Double Bottom Base".
IMXI has a 95 Earnings Per Share rating. The Financial Services-Specialty firm's quarterly and annual earnings (C and A criteria) history has been strong and backed by solid sales revenues growth. The past 8 quarterly comparisons showed earnings increases above the year ago period by more than +25% (C criteria).
There is a small supply of only 38.4 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 210 in Mar '21 to 315 in Jun '22, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 2.2 is an unbiased indication its shares have been under accumulation over the past 50 days.
Stalled Since Clearing Double Bottom Base - Friday, July 15, 2022
International Money Express (IMXI +$0.06 or +0.28% to $21.40) encountered distributional pressure recently after touching a new 52-week high. Its 50-day moving average (DMA) line ($20.32) defines important near-term support to watch, where any violation may trigger a technical sell signal. IMXI was highlighted in yellow in the 7/01/22 mid-day report (read here) with new pivot point cited based on its 6/06/22 high after a "double bottom" base. The big gain above the pivot point was backed by +438% above average volume triggering a technical buy signal. It was last shown with detailed analysis on 5/12/22 with an annotated graph under the headline, "Volume Heavy While Rallying from Double Bottom Base". However, since then it met stubborn resistance near the prior high.
IMXI has a 96 Earnings Per Share rating. It reported Mar '22 quarterly earnings +26% on +21% sales revenues versus the year ago period. The Financial Services-Specialty firm's quarterly and annual earnings (C and A criteria) history has been strong and backed by solid sales revenues growth. The past 7 quarterly comparisons showed earnings increases above the year ago period by more than +25% (C criteria).
There is a small supply of only 38.4 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 210 in Mar '21 to 300 in Jun '22, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days.
Volume Heavy While Rallying from Double Bottom Base - Friday, July 1, 2022
International Money Express (IMXI +$1.30 or +6.35% to $21.77) finished strong today after highlighted in yellow in the earlier mid-day report (read here) with new pivot point cited based on its 6/06/22 high. The big gain above the pivot point was backed by +438% above average volume triggering a technical buy signal. Very little resistance remains due to overhead supply. The recent rebound above its 50-day moving average (DMA) line ($19.92) helped its outlook improve. It found support above its 200 DMA line since dropped from the Featured Stocks list on 5/20/22. It was last shown with detailed analysis on 5/12/22 with an annotated graph under the headline, "Fell Below 50-Day Moving Average Line Testing Prior Highs".
IMXI has a 96 Earnings Per Share rating. It reported Mar '22 quarterly earnings +26% on +21% sales revenues versus the year ago period. The Financial Services-Specialty firm's quarterly and annual earnings (C and A criteria) history has been strong and backed by solid sales revenues growth. The past 7 quarterly comparisons showed earnings increases above the year ago period by more than +25% (C criteria).
There is a small supply of only 38.4 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 210 in Mar '21 to 276 in Mar '221, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under accumulation over the past 50 days.
Fell Below 50-Day Moving Average Line Testing Prior Highs - Thursday, May 12, 2022
International Money Express (IMXI -$0.42 or -2.12% to $19.38) fell today and closed below its 50-day moving average (DMA) line ($19.99) while testing prior highs which help define important near term support to watch. Only a prompt rebound above the 50 DMA line would help its outlook. More damaging losses would raise concerns and trigger a more worrisome technical sell signal.
IMXI reported Mar '22 quarterly earnings +26% on +21% sales revenues versus the year ago period. The Financial Services-Specialty firm's quarterly and annual earnings (C and A criteria) history has been strong and backed by solid sales revenues growth. The past 7 quarterly comparisons showed earnings increases above the year ago period by more than +25% (C criteria). Annual earnings growth has been strong and it has a 95 Earnings Per Share Rating.
IMXI was highlighted in yellow in the 3/08/22 mid-day report (read here) with pivot point cited based on its 8/30/21 high plus 10 cents. It was last shown with detailed analysis on 3/24/22 with an annotated graph under the headline, "Consolidating After Rally From Previously Noted Base".
There is a small supply of only 38.3 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 210 in Mar '21 to 263 in Mar '221, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days.
Consolidating After Rally From Previously Noted Base - Monday, April 18, 2022
International Money Express (IMXI -$0.04 or -0.19% to $20.50) has not formed a sound base of sufficient length. Prior highs in the high $18 area nearly coincide with its 50-day moving average (DMA) line ($18.47) defining important near term support to watch on pullbacks.
IMXI was highlighted in yellow in the 3/08/22 mid-day report (read here) with pivot point cited based on its 8/30/21 high plus 10 cents. It was last shown with detailed analysis on 3/24/22 with an annotated graph under the headline, "Holding Ground After Rallying From Prior Base".
Through the Dec '21 quarter the Financial Services-Specialty firm's quarterly and annual earnings (C and A criteria) history has been strong and backed by solid sales revenues growth. The past 6 quarterly comparisons showed earnings increases above the year ago period by more than +25% (C criteria). Annual earnings growth has been strong and it has a 95 Earnings Per Share Rating.
There is a small supply of only 38.3 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 210 in Mar '21 to 255 in Mar '221, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days.
Holding Ground After Rallying From Prior Base - Thursday, March 24, 2022
International Money Express (IMXI -$0.33 or -1.54% to $21.12) has recently churned above average volume while holding its ground stubbornly near its all-time high, extended from the previously noted base. Prior highs in the high $18 area define initial support to watch on pullbacks.
IMXI was highlighted in yellow in the 3/08/22 mid-day report (read here) with pivot point cited based on its 8/30/21 high plus 10 cents. It was shown with more details analysis that evening with an annotated graph under the headline, "Volume-Driven Gains Challenged All-Time High". A subsequent gain above the pivot point on March 16th was backed by +283% above average volume triggering a technical buy signal.
Through the Dec '21 quarter the Financial Services-Specialty firm's quarterly and annual earnings (C and A criteria) history has been strong and backed by solid sales revenues growth. The past 6 quarterly comparisons showed earnings increases above the year ago period by more than +25% (C criteria). Annual earnings growth has been strong and it has a 95 Earnings Per Share Rating.
There is a small supply of only 32.4 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 210 in Mar '21 to 250 in Dec '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ration of 1.6 is an unbiased indication its shares have been under accumulation over the past 50 days.
Featured Stocks - Wednesday, March 23, 2022
Volume-Driven Gains Challenged All-Time High - Tuesday, March 8, 2022
International Money Express (IMXI +$1.47 or +8.68% to $18.40) was highlighted in yellow in the earlier mid-day report (read here) with pivot point cited based on its 8/30/21 high plus 10 cents. It challenged its all-time high with today's 2nd consecutive big volume-driven gain. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Disciplined investors know to avoid new buying efforts until a confirmed rally with follow through day from the major averages (M criteria) under the fact-based investment system's strict rules.
Through the Dec '21 quarter the Financial Services-Specialty firm's quarterly and annual earnings (C and A criteria) history has been strong and backed by solid sales revenues growth. The past 6 quarterly comparisons showed earnings increases above the year ago period by more than +25% (C criteria). Annual earnings growth has been strong and it has a 95 Earnings Per Share Rating.
There is a small supply of only 32.4 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 210 in Mar '21 to 241 in Dec '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ration of 1.2 is an unbiased indication its shares have been under accumulation over the past 50 days.
