INTELLICHECK INC (IDN) Stock Technical Analysis
NASDAQ:IDN - US45817G2012 - Common Stock
Taking everything into account, IDN scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, IDN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, IDN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IDN 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.
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4.76
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.06 to 5.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.81 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.43 to 5.50. This zone is formed by a combination of multiple trend lines 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 IDN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDN is up. |
| ChartMill Relative Strength | 94.44 | POSITIVE | IDN has a high relative strength, it outperformed 94.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IDN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.43 | NEUTRAL | The RSI value for IDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IDN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.05 | NEUTRAL | The Stochastics value for IDN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for IDN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.11 | POSITIVE | The high ADX value value for IDN suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.51 | 5.05 | 0.46 (8.35%) | 11.98% |
| An entry @5.51. This is a Buy Stop order right above the resistance zone. | An exit @5.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.46 points, which is 8.35%. | When investing 11.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IDN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.25
-0.07 (-1.32%)