Why I'm inclined to be positive about IMI
After a fantastic run, 2026 has been volatile for this engineer's share price, but independent analyst Alistair Strang's chart are more upbeat.
19th May 2026 07:43
by Alistair Strang from Trends and Targets
IMI enjoys a pretty amazing pedigree, managing to include Nobel Industries and Imperial Chemical Industries (ICI) in its distant lineage from 1862. Generally, a glance at such a large company's Wikipedia page reveals some seriously amusing scandals from their past but in the case of IMI, it’s all pretty clean cut.
Essentially, a Scottish bloke (George Kynoch) founded what became one of the UK’s largest engineering companies. The business now describes itself as a global leader in fluid and motion control, whatever that actually means as their website is short of examples.
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As for the share price, it has an interesting potential, needing to trade above the recent high of 2,692p to ideally trigger movement to an initial 2,780p with our secondary, if exceeded, a fairly useful 2,939p.
This secondary would boost the share marginally above recent highs, giving a strong excuse to rework the numbers for some impressive future all-time high potentials.
Of course, we’ve a rather less attractive negative scenario, one which suggests below 2,617p risks triggering reversals down to an initial 2,450p with our secondary, if broken, at 2,286p. All things considered, this concept is pretty grotty as it acknowledges a distant lure from a future bottom of 1,830p.
Our inclination with this is toward the positive.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
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