FIRST INTERNET BANCORP (INBK) Stock Technical Analysis
NASDAQ:INBK - US3205571017 - Common Stock
25.115 USD
-0.18 (-0.69%)
25.115 USD
0 (0%)
Taking everything into account, INBK scores 4 out of 10 in our technical rating. In the past year, INBK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, INBK is a bad performer in the overall market: 87% of all stocks are doing better.
INBK is part of the Banks industry. There are 393 other stocks in this industry, of which 94% are performing better than INBK.
INBK 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.
In the last month INBK has a been trading in the 21.23 - 25.88 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
INBK has an average technical rating and the quality of the presented setup is also not ideal 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
21.24
28.82
When analyzing the support we notice one important area.
- A support zone ranging from 21.45 to 21.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @25.20 from a trend line in the daily time frame.
- Resistance @27.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 28.00 to 28.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.53 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 | DOWN | NEGATIVE | The long term trend for INBK is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INBK is up. |
| ChartMill Relative Strength | 13.62 | NEGATIVE | INBK has a low relative strength, it was outperformed by 86.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INBK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.41 | NEUTRAL | The RSI value for INBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests INBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.84 | OVERBOUGHT | The high Stochastics value suggests INBK may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for INBK suggests some volalility. |
| Average Directional Index/ADX (14) | 29.13 | POSITIVE | The high ADX value value for INBK suggests a strong 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)
25.115
-0.18 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.69%
1 Week-0.77%
2 Weeks9.77%
1 Month17.03%
3 Month3.57%
6 Month-15.35%
12 Month-30.79%
2 Year30.4%
3 Year-31.51%
5 Year71.9%
10 Year-19.84%
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%3.31%
ATR Inc-23.65%
Range Today0.82
ADR(20)0.8
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.62
Mansfield-2.39
10 Day High25.88
10 Day Low22.92
20 Day High25.88
20 Day Low21.24
52 Week High43.26
52 Week Low19.54
CS1 End21.82
CR1 Start25.2
Volume & EV
DER(3)-1.11%
DER(5)0.92%
Volume20.80K
Volume Incr-43.4%
Vol(5)28.70K
Vol(50)56.34K