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INSIGHT ACQUISITION CO -CW23 (INAQW) Stock Technical Analysis

NASDAQ:INAQW - Nasdaq - - Currency: USD

0.075  +0.03 (+50.3%)

Technical Rating and Analysis

7

Overall INAQW gets a technical rating of 7 out of 10. 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.

Warning: INAQW has an average volume of 24365 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, INAQW did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
INAQW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month INAQW has a been trading in the 0.03 - 0.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
INSIGHT ACQUISITION CO -CW23 / INAQW Weekly stock chart
INSIGHT ACQUISITION CO -CW23 / INAQW Daily stock chart
Setup Rating and Analysis

7

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.

Support and Resistance Analysis

0.03

0.08

2 important support areas can be observed.

  • 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.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99
Mansfield7.08
10 Day High0.08
10 Day Low0.04
20 Day High0.12
20 Day Low0.03
52 Week High0.12
52 Week Low0.01
Performance
1 Week49.4%
2 Weeks47.06%
1 Month50%
3 Month271.29%
6 Month88.44%
12 Month200%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)60.89
LBB0.02
UBB0.07
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
0.090.030.07 (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%.When investing 1.38% 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.
INSIGHT ACQUISITION CO -CW23 / INAQW Daily stock chart

INSIGHT ACQUISITION CO -CW23

NASDAQ:INAQW (12/13/2024, 8:00:02 PM)

0.075

+0.03 (+50.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg50.3%
1 Week49.4%
2 Weeks47.06%
1 Month50%
3 Month271.29%
6 Month88.44%
12 Month200%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%38.35%
ATR Inc-9.33%
Range Today0.03
ADR(20)0.03
ADR(20)%34.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99
Mansfield7.08
10 Day High0.08
10 Day Low0.04
20 Day High0.12
20 Day Low0.03
52 Week High0.12
52 Week Low0.01
CS1 End0.04
CR1 StartN/A
Volume & EV
DER(3)-10.24%
DER(5)13.33%
Volume170.10K
Volume Incr92.67%
Vol(5)50.38K
Vol(50)24.37K