INFORMATION SERVICES GROUP (III) Stock Technical Analysis
NASDAQ:III - Nasdaq - US45675Y1047 - Common Stock - Currency: USD
Overall III gets a technical rating of 8 out of 10. In the last year, III was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month III has a been trading in the 4.51 - 5.28 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, III did better than 85% of all other stocks. We also observe that the gains produced by III over the past year are nicely spread over this period.
III is one of the better performing stocks in the IT Services industry, it outperforms 74% of 82 stocks in the same industry.
III is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so III is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although III has an excellent technical rating, the quality of the presented setup is not ideal 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
2.97
5.17
We found 4 important support areas.
- A support zone ranging from 4.54 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.12 from a trend line in the weekly time frame.
- Support @3.07 from a horizontal line in the daily time frame.
- Support @3.00 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.76 to 4.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.12 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 | UP | POSITIVE | The long term trend for III is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for III is down. |
| ChartMill Relative Strength | 85.72 | POSITIVE | III has a high relative strength, it outperformed 85.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of III is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of III is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of III is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.48 | NEUTRAL | The RSI value for III is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests III has a negative trend. |
| Stochastics (14,3) | 11.97 | OVERSOLD | The low Stochastics value suggests III may be oversold. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for III suggests some volalility. |
| Average Directional Index/ADX (14) | 25.84 | POSITIVE | The high ADX value value for III suggests a strong 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)
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 |
|---|---|---|---|
| 4.89 | 4.64 | 0.25 (5.11%) | 19.56% |
| An entry @4.89. This is a Buy Stop order right above the resistance zone. | An exit @4.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.25 points, which is 5.11%. | For a 1.00% total portfolio risk, you can invest 19.56% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of III. 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.
4.66
-0.02 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.43%
1 Week-3.12%
2 Weeks-8.81%
1 Month-1.69%
3 Month25.27%
6 Month45.63%
12 Month38.69%
2 Year-9.51%
3 Year-37.53%
5 Year127.32%
10 Year5.91%
15 Year116.74%
Volatility
ATR(14)0.17
ATR(20)%3.52%
ATR Inc-38.79%
Range Today0.1
ADR(20)0.16
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.72
Mansfield1.77
10 Day High5.28
10 Day Low4.65
20 Day High5.28
20 Day Low4.51
52 Week High5.28
52 Week Low2.95
CS1 End4.61
CR1 Start4.76
Volume & EV
DER(3)-0.04%
DER(5)3.04%
Volume117.50K
Volume Incr-23.17%
Vol(5)177.32K
Vol(50)229.95K