Overall INDP gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. INDP was also a bad performer in the overall market in the last year.
Although the technical rating is bad, INDP does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for INDP in the last couple of days, which is a good sign.
2.03
2 important support areas can be observed.
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 | 4.53 | NEGATIVE | INDP has a low relative strength, it was outperformed by 95.47% 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) | 63.77 | NEUTRAL | The RSI value for INDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests INDP has a positive trend. |
| Stochastics (14,3) | 81.6 | OVERBOUGHT | The high Stochastics value suggests INDP may be overbought. |
| Average True Range in percent/ATR (20) | 10.05 | HIGH VOLATILITY | The high ATR as a percentage value for INDP suggests high volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for INDP suggests a possible start of a new trend. |
3.13
+0.13 (+4.33%)
ChartMill assigns a technical rating of 2 / 10 to INDP.
The current trend direction for INDAPTUS THERAPEUTICS INC (INDP) is Bearish.
INDAPTUS THERAPEUTICS INC (INDP) has an RSI value of 63.7724. This indicates that the stock is currently neutral.
The short term momentum for INDAPTUS THERAPEUTICS INC (INDP) is positive.
INDAPTUS THERAPEUTICS INC (INDP) has a support level at 2.85. Check the full technical report for our detailed analysis of INDP support and resistance levels.