IDAI Technical Analysis - T STAMP INC-CLASS A

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to IDAI. Although IDAI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

IDAI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month IDAI has a been trading in the 2.93 - 4.81 range, which is quite wide. It is currently trading near the lows of this range.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

When compared to the yearly performance of all other stocks, IDAI outperforms 58% of them, which is more or less in line with the market.

IDAI is part of the Software industry. There are 282 other stocks in this industry, IDAI did better than 64% of them.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

T STAMP INC-CLASS A / IDAI Weekly stock chart

T STAMP INC-CLASS A / IDAI Daily stock chart

Setup Rating and Analysis

Although IDAI has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.02

3.87

2 important support areas can be observed.

Support @3.20 from a trend line in the daily time frame.
A support zone ranging from 3.05 to 3.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

Resistance @3.55 from a horizontal line in the weekly time frame.
Resistance @3.83 from a trend line in the daily time frame.

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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 IDAI is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for IDAI is neutral.
ChartMill Relative Strength	58.68	NEUTRAL	IDAI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of IDAI is below the rising 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)	DOWN	MIXED	The current price of IDAI is above a declining SMA(200).
Relative Strength Index/RSI (14)	47.49	NEUTRAL	The RSI value for IDAI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests IDAI has a negative trend.
Stochastics (14,3)	37.35	NEUTRAL	The Stochastics value for IDAI is a neutral value.
Average True Range in percent/ATR (20)	13.11	HIGH VOLATILITY	The high ATR as a percentage value for IDAI suggests high volalility.
Average Directional Index/ADX (14)	52.2	POSITIVE	The high ADX value value for IDAI suggests a strong trend.