INEA Technical Analysis - FONCIERE INEA

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to INEA. INEA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

85% of all other stocks performed better in the past year than INEA.

INEA is one of the lesser performing stocks in the Diversified REITs industry. 60% of 42 stocks in the same industry do better.

INEA 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.

INEA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

Warning: INEA has an average volume of 881 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

INEA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

30.49

38.38

When analyzing the support we notice one important area.

Support @30.80 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 32.32 to 32.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 34.60 to 35.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @38.00 from a horizontal line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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 INEA.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for INEA.PA is down.
ChartMill Relative Strength	15.89	NEGATIVE	INEA.PA has a low relative strength, it was outperformed by 84.11% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of INEA.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of INEA.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of INEA.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	36.58	NEUTRAL	The RSI value for INEA.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.06	NEGATIVE	The MACD value suggests INEA.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	19.87	OVERSOLD	The low Stochastics value suggests INEA.PA may be oversold.
Average True Range in percent/ATR (20)	1.99	LOW VOLATILITY	The low ATR as a percentage value for INEA.PA suggests low volalility.
Average Directional Index/ADX (14)	42.14	POSITIVE	The high ADX value value for INEA.PA suggests a strong trend.