We assign a technical rating of 0 out of 10 to IHT. IHT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of IHT 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.
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1.26
When analyzing the support we notice one important area.
- A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IHT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IHT is down. |
| ChartMill Relative Strength | 7.28 | NEGATIVE | IHT has a low relative strength, it was outperformed by 92.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IHT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IHT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IHT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.79 | NEUTRAL | The RSI value for IHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IHT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.33 | OVERSOLD | The low Stochastics value suggests IHT may be oversold. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for IHT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.65 | NEGATIVE | The low ADX value for IHT suggests a weak or negative trend. |
1.28
0 (0%)
INNSUITES HOSPITALITY TRUST / IHT FAQ
Can you provide the ChartMill technical rating for INNSUITES HOSPITALITY TRUST?
ChartMill assigns a technical rating of 0 / 10 to IHT.
Can you provide the trend direction for INNSUITES HOSPITALITY TRUST?
The current trend direction for INNSUITES HOSPITALITY TRUST (IHT) is Bearish.
Can you provide the RSI signal for INNSUITES HOSPITALITY TRUST?
INNSUITES HOSPITALITY TRUST (IHT) has an RSI value of 30.7857. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INNSUITES HOSPITALITY TRUST?
The MACD indicator for INNSUITES HOSPITALITY TRUST (IHT) has a value of -0.00615561, indicating a bearish trend.
Can you provide the support and resistance levels for INNSUITES HOSPITALITY TRUST?
INNSUITES HOSPITALITY TRUST (IHT) has a support level at 1.27. Check the full technical report for our detailed analysis of IHT support and resistance levels.