Taking everything into account, INAQW scores 7 out of 10 in our technical rating. In the last year, INAQW was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
INAQW has an excellent technical rating, but the quality of the setup is only medium 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
0.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.03 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for INAQW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INAQW is neutral. |
| ChartMill Relative Strength | 99 | POSITIVE | INAQW has a high relative strength, it outperformed 99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INAQW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INAQW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INAQW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.89 | NEUTRAL | The RSI value for INAQW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests INAQW has a positive trend. |
| Stochastics (14,3) | 41.76 | NEUTRAL | The Stochastics value for INAQW is a neutral value. |
| Average True Range in percent/ATR (20) | 38.35 | HIGH VOLATILITY | The high ATR as a percentage value for INAQW suggests high volalility. |
| Average Directional Index/ADX (14) | 25.68 | POSITIVE | The high ADX value value for INAQW suggests a strong trend. |
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 |
|---|---|---|---|
| 0.09 | 0.03 | 0.07 (72.22%) | 1.38% |
| An entry @0.09. This is a Buy Stop order right above the 10 day high. | An exit @0.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 72.22%. | For a 1.00% total portfolio risk, you can invest 1.38% of your capital in this trade. |
- 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.
NASDAQ:INAQW (12/13/2024, 8:00:02 PM)
0.075
+0.03 (+50.3%)
INSIGHT ACQUISITION CO -CW23 / INAQW FAQ
What is the technical rating for INAQW stock?
ChartMill assigns a technical rating of 7 / 10 to INAQW.
What is the current trend direction of INSIGHT ACQUISITION CO -CW23 (INAQW) stock?
The current trend direction for INSIGHT ACQUISITION CO -CW23 (INAQW) is Bearish.
Can you provide the RSI signal for INSIGHT ACQUISITION CO -CW23?
INSIGHT ACQUISITION CO -CW23 (INAQW) has an RSI value of 60.887. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INSIGHT ACQUISITION CO -CW23?
The MACD indicator for INSIGHT ACQUISITION CO -CW23 (INAQW) has a value of 0.00212607, indicating a bearish trend.
What is the short term momentum for INAQW stock?
The short term momentum for INSIGHT ACQUISITION CO -CW23 (INAQW) is neutral.