Resistance

Million

Billion

Time

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Imperial Brands Price increased by 3.98% over the past seven days.</a> </li> 
 <li> <span>2</span> <a>Imperial Brands Plc (LSE: IMB) stock’s 52-week price range is UK£16.925 – UK£21.40.</a> </li> 
</ul> 
<p>Imperial Brand Stock, a tobacco company, increased its earnings by an average of 11.6% per year, which is higher than the industry average of 7.2%. According to Simplywall, a financial website, its revenues have also been rising by an average of 2.4% annually. The company has a return on equity of 28.9% and a net margin of 9.5%.</p> 
<p>Imperial Brand Stock, has more debt than equity, with a debt-to-equity ratio of 164.7%. Its total shareholder equity is £6.2 Billion and its total debt is £10.2 Billion. According to Simplywall, IMB Stock’s total assets and total liabilities are £29.2 Billion and £23.0 Billion respectively.&nbsp;</p> 
<p>Imperial Brand Plc has a negative interest coverage ratio of -4.2, meaning it cannot cover its interest expenses with its earnings before interest and taxes (EBIT), which is £3.3 Billion. IMB Stock also has a low level of cash and short-term investments, which is £596.0 Million.</p> 
<p>The market capitalization of IMB stock is UK£16.669 Billion and the total revenue is UK£16.916 Billion. Moreover, the IMB stock’s basic EPS is UK£2 and the price-to-earnings ratio is 10.5. Moreover, the average volume is 1.195 Million and the current volume is 42.503 K, the current volume is below average volume in Imperial Brands Plc (LSE: IMB) stock.</p> 
<p>Moreover, the IMB Share Price has done well this month, increasing by 4.26% but it has plummeted by 9.85% in the last six months. Imperial Brands Plc (LSE: IMB) stock has a negative year-to-date return of 11.52%.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-imperial-brands-price-in-1-d-time-frame-strong"><strong>Technical Analysis of Imperial Brands Price in 1-D Time Frame</strong></h2> 
<p>The price action shows that Imperial Brands Plc ( LSE: IMB) price has been in a downtrend for almost five months since the beginning of the year, dropping from UK£21 to UK£16.925, a significant 20% decline, by making lower lows and lower highs.&nbsp;</p> 
<p>However, from the support level of UK£16.925, the IMB Price has reversed into an uptrend by making higher highs and lower lows and moving upwards. Since June 1st, the IMB Share Price has risen by almost 11% and is trading at UK£18.365 at the time of publishing.&nbsp;</p> 
<p>Moreover, by examining the previous IMB Price pattern, it seems that the IMB Stock Price has been following trendline support multiple times and forming an ascending broadening wedge pattern. This suggests that in the short term, the IMB Price may continue to rise until it reaches the next resistance level, but in the long term, it may fall back by completing the pattern formation of the ascending broadening wedge.&nbsp;</p> 
<p>Therefore, it is possible that the IMB Stock Price may decline and a downtrend may resume if the IMB Price fails to sustain the current market price (CMP) level. In that case, the IMB Price would go downwards and reach the support levels of UK£17.820 and UK£16.925.&nbsp;</p> 
<p>Alternatively, if the IMB Stock Price succeeds in sustaining the CMP level, then it may reach the nearest resistance levels of UK£18.635 and UK£19.795.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh6.googleusercontent.com/fyDfH6wfoyPxDFjOFshtjZyUB4lloz-l4SrlJ-NPFoMsFik1fqfmsaoeMAQqtEA6wpMjLyS0qYv_lw0YrQirIYhTmy1le2qvTeKAil0rYaJPsB2ZWsOSieD56lqvNgp943AOCdVOspvGlxGZpXaSOAI" alt="Imperial Brands Price Prediction: Will IMB Stock Price, Jump UK£20?"> 
  <figcaption class="wp-element-caption">
    Source: IMB.1D.LSE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>At the time of publishing, Public Storage is trading below the 100, and 200-day EMAs (Exponential Moving Average), which are rejecting the Imperial Brands Stock price longer-trend.&nbsp;</p> 
<p>However<a href="https://www.thecoinrepublic.com/2023/01/31/adobe-stock-to-rise-climbing-backs-of-intercessor-industries/" target="_blank" rel="noopener noreferrer nofollow"> the IMB Price</a> is trading above 20, and 50-day EMAs which are supporting the Imperial Brands Stock price shorter-trend.&nbsp;</p> 
<p>Hence, Imperial Brands Price is expected to move downwards if shorter EMA’s are destroyed one by one over the daily time frame chart.<br></p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/mxZ3Q9HtibTaDD2vkCt9d1PGvOXRt-pLo1s0zDV1FPPkgjZbBBjxeekVX8hIFF85Wo4BaSoLvjH-APv9crrcgxXPCUE_n6j_TBH1UXLG2Littq3vLOyJyS1KCg5sjW_UDc8ZBQNNIal0xqjeOJdA8U4" alt="Imperial Brands Price Prediction: Will IMB Stock Price, Jump UK£20?"> 
  <figcaption class="wp-element-caption">
    Source: IMB.1D.LSE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>The current value of RSI is 65.79 points. The 14 SMA is above the median line at 53.86 points which indicates that the IMB Share Price is bullish as the RSI line took support from the 14 SMA line.</p> 
<p>The MACD line at 0.1719 and signal line at 0.0617 are above the zero line and a bullish crossover was observed in the MACD oscillator which signals more bullishness for the<a href="https://www.thecoinrepublic.com/2023/01/31/adobe-stock-to-rise-climbing-backs-of-intercessor-industries/" target="_blank" rel="noopener noreferrer nofollow"> IMB Share Price.</a></p> 
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3> 
<p>Imperial Brands Plc (LSE: IMB) shows that the investors and traders of the stock are bearish in the shorter trend on the 1-D time frame. The price action shows a bullish outlook at the time of publishing. The technical parameters of the IMB stock price also support the bullish trend. The major indicators MACD, RSI, and EMA are giving positive signals and imply that the uptrend may continue over the shorter trend in Imperial Brands Price.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support levels:</strong> The nearest support levels are UK£17.820 and UK£16.925.</li> 
 <li><strong>Resistance levels:</strong> The nearest resistance levels are UK£18.635 and UK£19.795.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Imperial Brands Price Prediction: Will IMB Stock Price, Jump UK£20?

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