Upgrade your membership to see all of the expert analysis we have published on IMXI now!
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).
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 8/03/22 with an annotated graph under the headline, "Finished Strong With Another Volume-Driven Gain After Earnings".
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.
Chart courtesy of www.stockcharts.com
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.
Chart courtesy of www.stockcharts.com
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.
Chart courtesy of www.stockcharts.com
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.
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.
Chart courtesy of www.stockcharts.com
