INDAPTUS THERAPEUTICS INC (INDP) Stock Technical Analysis
NASDAQ:INDP - Nasdaq - US45339J1051 - Common Stock - Currency: USD
Overall INDP gets a technical rating of 2 out of 10. In the past year, INDP 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, INDP is a bad performer in the overall market: 97% of all stocks are doing better.
INDP is one of the lesser performing stocks in the Biotechnology industry. 81% of 560 stocks in the same industry do better.
INDP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
INDP has an average volume of 7984250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month INDP has a been trading in the 7.56 - 19.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
INDP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
10.79
23.64
We found 1 important support area.
- A support zone ranging from 10.90 to 11.08. 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 5 important areas.
- Resistance @12.64 from a trend line in the daily time frame.
- Resistance @12.88 from a horizontal line in the daily time frame.
- Resistance @13.89 from a horizontal line in the daily time frame.
- Resistance @14.28 from a horizontal line in the daily time frame.
- Resistance @23.41 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 INDP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INDP is up. |
| ChartMill Relative Strength | 3.11 | NEGATIVE | INDP has a low relative strength, it was outperformed by 96.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INDP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INDP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INDP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.68 | NEUTRAL | The RSI value for INDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests INDP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.04 | NEUTRAL | The Stochastics value for INDP is a neutral value. |
| Average True Range in percent/ATR (20) | 18.52 | HIGH VOLATILITY | The high ATR as a percentage value for INDP suggests high volalility. |
| Average Directional Index/ADX (14) | 29.4 | POSITIVE | The high ADX value value for INDP 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)
12
-0.34 (-2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.76%
1 Week8.21%
2 Weeks-6.65%
1 Month24.26%
3 Month-10.71%
6 Month-54.89%
12 Month-80.95%
2 Year-79.3%
3 Year-84.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.76
ATR(20)%18.52%
ATR Inc-58.71%
Range Today1
ADR(20)1.81
ADR(20)%15.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.11
Mansfield-5.89
10 Day High13.4
10 Day Low9.45
20 Day High19.91
20 Day Low7.56
52 Week High66.64
52 Week Low7.56
CS1 End11.08
CR1 Start12.64
Volume & EV
DER(3)-9.34%
DER(5)-5.42%
Volume12.60K
Volume Incr-99.63%
Vol(5)71.04K
Vol(50)7.98M