We assign a technical rating of 2 out of 10 to INBK. INBK 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 technical rating of INBK 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
20.26
We found 1 important support area.
- Support @20.46 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 21.58 to 21.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.42 to 22.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 27.08 to 27.21. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for INBK is neutral. |
| ChartMill Relative Strength | 11.5 | NEGATIVE | INBK has a low relative strength, it was outperformed by 88.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INBK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INBK is above a declining 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) | 48.56 | NEUTRAL | The RSI value for INBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests INBK has a negative trend. |
| Stochastics (14,3) | 28.65 | NEUTRAL | The Stochastics value for INBK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for INBK suggests some volalility. |
| Average Directional Index/ADX (14) | 21.72 | NEUTRAL | The ADX value for INBK suggests a possible start of a new trend. |
20.47
-0.13 (-0.63%)
FIRST INTERNET BANCORP / INBK FAQ
What is the technical rating for INBK stock?
ChartMill assigns a technical rating of 2 / 10 to INBK.
What is the current trend direction of FIRST INTERNET BANCORP (INBK) stock?
The current trend direction for FIRST INTERNET BANCORP (INBK) is Bearish.
What is the RSI signal for FIRST INTERNET BANCORP (INBK) stock?
FIRST INTERNET BANCORP (INBK) has an RSI value of 48.5623. This indicates that the stock is currently neutral.
What are the support and resistance levels for FIRST INTERNET BANCORP (INBK) stock?
FIRST INTERNET BANCORP (INBK) has a support level at 20.46 and a resistance level at 21.58. Check the full technical report for our detailed analysis of INBK support and resistance levels.