IAA INC (IAA) Technical Analysis
NYSE:IAA • US4492531037
Current stock price
IAA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to IAA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- IAA is part of the Commercial Services & Supplies industry. There are 81 other stocks in this industry. IAA outperforms 83% of them.
- IAA has an average volume of 3915240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that IAA is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- IAA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IAA is lagging the market slightly.
- In the last month IAA has a been trading in the 37.38 - 42.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
IAA Weekly and Daily overview Charts
IAA Setup Rating and Analysis
Although the technical rating is only medium, IAA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
IAA Support and Resistance Analysis
36.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 39.72 to 39.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.07 to 37.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 40.32 to 41.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.98 to 43.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.85 from a horizontal line in the daily time frame.
IAA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IAA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IAA is down. |
| ChartMill Relative Strength | 80.56 | POSITIVE | IAA has a high relative strength, it outperformed 80.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IAA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IAA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IAA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.71 | NEUTRAL | The RSI value for IAA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IAA has a positive trend. |
| Stochastics (14,3) | 58.44 | NEUTRAL | The Stochastics value for IAA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for IAA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.27 | NEGATIVE | The low ADX value for IAA suggests a weak or negative trend. |
IAA Chart- and CandleStick Pattern Analysis
IAA Technicals: Chart, Performance Metrics, Trend & Indicators
39.89
-0.04 (-0.1%)
IAA INC / IAA TA FAQ
Can you provide the ChartMill technical rating for IAA INC?
ChartMill assigns a technical rating of 4 / 10 to IAA.
What is the current trend direction of IAA INC (IAA) stock?
The current trend direction for IAA INC (IAA) is Bullish.
What is the RSI signal for IAA stock?
IAA INC (IAA) has an RSI value of 46.7115. This indicates that the stock is currently neutral.
What is the buy/sell signal for IAA INC (IAA) stock?
The buy/sell signal for IAA INC (IAA) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for IAA INC?
IAA INC (IAA) has a support level at 39.88 and a resistance level at 40.32. Check the full technical report for our detailed analysis of IAA support and resistance levels.