INSPIRA TECHNOLOGIES OXY BHN (IINN) Stock Technical Analysis
NASDAQ:IINN • IL0011715781
We assign a technical rating of 0 out of 10 to IINN. IINN 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than IINN.
- IINN is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 71% of 184 stocks in the same industry do better.
- IINN 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.
- IINN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
The technical rating of IINN 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.
More info and screens
0.56
When analyzing the support we can see 2 important areas.
- Support @0.58 from a trend line in the daily time frame.
- A support zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.74 from a trend line in the daily time frame.
- Resistance @0.92 from a trend line in the daily time frame.
- Resistance @1.00 from a trend line in the weekly time frame.
- Resistance @1.14 from a horizontal line in the daily time frame.
- Resistance @1.40 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 | DOWN | NEGATIVE | The long term trend for IINN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IINN is down. |
| ChartMill Relative Strength | 7.65 | NEGATIVE | IINN has a low relative strength, it was outperformed by 92.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IINN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IINN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IINN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.38 | OVERSOLD | The low RSI value suggests IINN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IINN has a positive trend. |
| Stochastics (14,3) | 15.83 | OVERSOLD | The low Stochastics value suggests IINN may be oversold. |
| Average True Range in percent/ATR (20) | 9.58 | HIGH VOLATILITY | The high ATR as a percentage value for IINN suggests high volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for IINN suggests a weak or negative trend. |
0.5799
-0.01 (-1.58%)
INSPIRA TECHNOLOGIES OXY BHN / IINN FAQ
Can you provide the ChartMill technical rating for INSPIRA TECHNOLOGIES OXY BHN?
ChartMill assigns a technical rating of 0 / 10 to IINN.
What is the trend direction for IINN stock?
The current trend direction for INSPIRA TECHNOLOGIES OXY BHN (IINN) is Bearish.
Can you provide the RSI signal for INSPIRA TECHNOLOGIES OXY BHN?
INSPIRA TECHNOLOGIES OXY BHN (IINN) has an RSI value of 29.3843. This indicates that the stock is currently oversold.
Can you provide the MACD signal for INSPIRA TECHNOLOGIES OXY BHN?
The MACD indicator for INSPIRA TECHNOLOGIES OXY BHN (IINN) has a value of 0.0075046, indicating a bearish trend.
Can you provide the support and resistance levels for INSPIRA TECHNOLOGIES OXY BHN?
INSPIRA TECHNOLOGIES OXY BHN (IINN) has a support level at 0.58 and a resistance level at 0.59. Check the full technical report for our detailed analysis of IINN support and resistance levels.