NASDAQ:IIN - Nasdaq - US46121H1095 - Common Stock
We assign a technical rating of 8 out of 10 to IIN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IIN is showing a nice and steady performance.
Besides having an excellent technical rating, IIN 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 24.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.09, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
14.75
We found 2 important support areas.
We found 1 important resistance area.
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 |
---|---|---|---|
24.26 | 23.06 | 1.20 (4.95%) | 20.22% |
An entry @24.26. This is a Buy Stop order right above the resistance zone. | An exit @23.06. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.20 points, which is 4.95%. | When investing 20.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
24.24
+0.01 (+0.04%)