INDAPTUS THERAPEUTICS INC (INDP) Stock Technical Analysis
NASDAQ:INDP - US45339J1051 - Common Stock
7.35 USD
+0.19 (+2.65%)
7.2 USD
-0.15 (-2.04%)
We assign a technical rating of 0 out of 10 to INDP. INDP 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, INDP is a bad performer in the overall market: 98% of all stocks are doing better.
INDP is part of the Biotechnology industry. There are 549 other stocks in this industry, of which 85% are performing better than INDP.
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.
In the last month INDP has a been trading in the 6.65 - 10.57 range, which is quite wide. It is currently trading near the lows of this range.
INDP has an average volume of 7589930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, INDP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.28
14.42
We can see 4 important resistance areas.
- Resistance @8.45 from a horizontal line in the daily time frame.
- Resistance @8.76 from a trend 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.
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 | DOWN | NEGATIVE | The short term trend for INDP is down. |
| ChartMill Relative Strength | 2.02 | NEGATIVE | INDP has a low relative strength, it was outperformed by 97.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INDP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INDP is below 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) | 40.89 | NEUTRAL | The RSI value for INDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests INDP has a positive trend. |
| Stochastics (14,3) | 32.35 | NEUTRAL | The Stochastics value for INDP is a neutral value. |
| Average True Range in percent/ATR (20) | 10.79 | HIGH VOLATILITY | The high ATR as a percentage value for INDP suggests high volalility. |
| Average Directional Index/ADX (14) | 17.41 | NEGATIVE | The low ADX value for INDP suggests a weak or negative 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)
7.35
+0.19 (+2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.65%
1 Week3.23%
2 Weeks2.55%
1 Month-25.91%
3 Month-28.86%
6 Month-67.19%
12 Month-83.9%
2 Year-90.89%
3 Year-89.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.75
ATR(20)%10.79%
ATR Inc-39.23%
Range Today0.42
ADR(20)0.77
ADR(20)%10.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.02
Mansfield-6.95
10 Day High8.69
10 Day Low6.9
20 Day High10.57
20 Day Low6.65
52 Week High58.24
52 Week Low6.65
CS1 EndN/A
CR1 Start8.45
Volume & EV
DER(3)24.91%
DER(5)13.32%
Volume6.60K
Volume Incr-50.48%
Vol(5)4.36K
Vol(50)7.59M