T STAMP INC-CLASS A (IDAI) Stock Technical Analysis
NASDAQ:IDAI • US8730485088
Taking everything into account, IDAI scores 0 out of 10 in our technical rating. IDAI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 83% of all other stocks performed better in the past year than IDAI.
- In the last month IDAI has a been trading in the 2.36 - 4.12 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- IDAI is part of the Software industry. There are 274 other stocks in this industry, IDAI did better than 67% of them.
- IDAI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IDAI is lagging the market.
The technical rating of IDAI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.48
When analyzing the support we notice one important area.
- A support zone ranging from 2.51 to 2.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @2.89 from a trend line in the daily time frame.
- A resistance zone ranging from 3.56 to 3.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.99 from a trend line in the weekly time frame.
- Resistance @4.16 from a trend line in the daily time frame.
- Resistance @4.50 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 | DOWN | NEGATIVE | The long term trend for IDAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IDAI is down. |
| ChartMill Relative Strength | 17.91 | NEGATIVE | IDAI has a low relative strength, it was outperformed by 82.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IDAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IDAI is below a declining 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) | 35.44 | NEUTRAL | The RSI value for IDAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IDAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.76 | OVERSOLD | The low Stochastics value suggests IDAI may be oversold. |
| Average True Range in percent/ATR (20) | 13.66 | HIGH VOLATILITY | The high ATR as a percentage value for IDAI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.98 | POSITIVE | The high ADX value value for IDAI suggests a strong trend. |
2.58
-0.12 (-4.44%)
T STAMP INC-CLASS A / IDAI FAQ
Can you provide the ChartMill technical rating for T STAMP INC-CLASS A?
ChartMill assigns a technical rating of 0 / 10 to IDAI.
What is the current trend direction of T STAMP INC-CLASS A (IDAI) stock?
The current trend direction for T STAMP INC-CLASS A (IDAI) is Bearish.
Can you provide the RSI signal for T STAMP INC-CLASS A?
T STAMP INC-CLASS A (IDAI) has an RSI value of 35.4399. This indicates that the stock is currently neutral.
Can you provide the MACD signal for T STAMP INC-CLASS A?
The MACD indicator for T STAMP INC-CLASS A (IDAI) has a value of -0.0302755, indicating a bearish trend.
What is the short term momentum for IDAI stock?
The short term momentum for T STAMP INC-CLASS A (IDAI) is negative.