T STAMP INC-CLASS A (IDAI) Stock Technical Analysis
NASDAQ:IDAI - US8730485088 - Common Stock
2.91 USD
+0.04 (+1.39%)
2.93 USD
+0.02 (+0.69%)
Overall IDAI gets a technical rating of 4 out of 10. IDAI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
IDAI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month IDAI has a been trading in the 2.62 - 3.16 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, IDAI did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
IDAI is an average performer in the Software industry, it outperforms 67% of 280 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
IDAI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for IDAI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.31
3.25
4 important support areas can be observed.
- A support zone ranging from 2.88 to 2.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.80 from a trend line in the daily time frame.
- A support zone ranging from 2.59 to 2.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.33 to 2.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.97 from a trend line in the daily time frame.
- Resistance @3.10 from a horizontal line in the daily time frame.
- Resistance @3.22 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for IDAI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDAI is neutral. |
| ChartMill Relative Strength | 72.78 | POSITIVE | IDAI has a high relative strength, it outperformed 72.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IDAI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IDAI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.31 | NEUTRAL | The RSI value for IDAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IDAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.43 | NEUTRAL | The Stochastics value for IDAI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for IDAI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.6 | NEGATIVE | The low ADX value for IDAI 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)
2.91
+0.04 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.39%
1 Week-1.02%
2 Weeks6.4%
1 Month-2.02%
3 Month42.65%
6 Month28.76%
12 Month-14.58%
2 Year-88.24%
3 Year-96.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%6.19%
ATR Inc3.69%
Range Today0.19
ADR(20)0.18
ADR(20)%6.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.78
Mansfield-2.08
10 Day High3.1
10 Day Low2.62
20 Day High3.16
20 Day Low2.62
52 Week High18.75
52 Week Low1.43
CS1 End2.89
CR1 Start2.97
Volume & EV
DER(3)15.48%
DER(5)12.28%
Volume21.30K
Volume Incr-8.12%
Vol(5)23.31K
Vol(50)46.30K