IAA INC (IAA) Stock Technical Analysis
NYSE:IAA - New York Stock Exchange, Inc. - US4492531037 - Common Stock - Currency: USD
Overall IAA gets a technical rating of 5 out of 10. 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 83 other stocks in this industry. IAA outperforms 74% 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.
Looking at the yearly performance, IAA did better than 80% of all other 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 currently trading near new highs, so IAA is lagging the market.
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.
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
36.70
44.29
We found 2 important support 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
39.89
-0.04 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.1%
1 Week-0.7%
2 Weeks4.1%
1 Month-3.79%
3 Month3.1%
6 Month23.88%
12 Month4.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.41
ATR(20)%3.21%
ATR Inc-43.23%
Range Today0.87
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.56
Mansfield0.68
10 Day High42
10 Day Low37.38
20 Day High42.88
20 Day Low37.38
52 Week High44.07
52 Week Low31.5
CS1 End39.88
CR1 Start40.32
Volume & EV
DER(3)-1.28%
DER(5)0.43%
Volume22.19M
Volume Incr113.35%
Vol(5)8.84M
Vol(50)3.92M