INSPIRA TECHNOLOGIES OXY BHN (IINN) Stock Technical Analysis
NASDAQ:IINN - IL0011715781 - Common Stock
1.18 USD
+0.04 (+3.51%)
1.14 USD
-0.04 (-3.39%)
We assign a technical rating of 6 out of 10 to IINN. In the last year, IINN was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month IINN has a been trading in the 1.09 - 1.50 range, which is quite wide. It is currently trading near the lows of this range.
IINN is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 91% of 185 stocks in the same industry.
IINN has an average volume of 1311830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, IINN did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
IINN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IINN is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, IINN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IINN 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.
More info and screens
1.09
1.41
We found 1 important support area.
- A support zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.26 to 1.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.34 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 | UP | POSITIVE | The long term trend for IINN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IINN is down. |
| ChartMill Relative Strength | 92.4 | POSITIVE | IINN has a high relative strength, it outperformed 92.4% 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) | UP | MIXED | The current price of IINN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IINN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.83 | NEUTRAL | The RSI value for IINN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IINN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.87 | OVERSOLD | The low Stochastics value suggests IINN may be oversold. |
| Average True Range in percent/ATR (20) | 9.86 | HIGH VOLATILITY | The high ATR as a percentage value for IINN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.78 | NEUTRAL | The ADX value for IINN suggests a possible start of a new 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 |
|---|---|---|---|
| 1.29 | 1.08 | 0.21 (16.27%) | 6.15% |
| An entry @1.29. This is a Buy Stop order right above the resistance zone. | An exit @1.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.21 points, which is 16.27%. | When investing 6.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
1.18
+0.04 (+3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.51%
1 Week-4.07%
2 Weeks-7.81%
1 Month-6.35%
3 Month93.41%
6 Month31.11%
12 Month9.26%
2 Year-16.9%
3 Year-31.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9.86%
ATR Inc-41.81%
Range Today0.07
ADR(20)0.11
ADR(20)%9.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.4
Mansfield0.78
10 Day High1.5
10 Day Low1.09
20 Day High1.5
20 Day Low1.09
52 Week High1.65
52 Week Low0.4
CS1 End1.11
CR1 Start1.26
Volume & EV
DER(3)6.13%
DER(5)1.02%
Volume478.70K
Volume Incr382.6%
Vol(5)3.40M
Vol(50)1.31M