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.

When comparing the yearly performance of all stocks, INEA is a bad performer in the overall market: 63% of all stocks are doing better.

In the last month INEA has a been trading in the 32.60 - 35.00 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been consolidating recently, but much resistance may still be present above.

Warning: INEA has an average volume of 455 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

INEA is part of the Diversified REITs industry. There are 42 other stocks in this industry, INEA did better than 46% of them.

INEA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INEA is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

INEA has a poor technical rating and the quality of the setup is also only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

32.67

38.38

We found 1 important support area.

A support zone ranging from 33.00 to 33.96. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

A resistance zone ranging from 34.23 to 34.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @35.50 from a horizontal line in the daily time frame.
A resistance zone ranging from 37.01 to 38.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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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	NEUTRAL	NEUTRAL	The long term trend for INEA.PA is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for INEA.PA is down.
ChartMill Relative Strength	37.27	NEUTRAL	INEA.PA is not amongst the best or worst performers 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)	UP	POSITIVE	The current price of INEA.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	41.44	NEUTRAL	The RSI value for INEA.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests INEA.PA has a negative trend.
Stochastics (14,3)	45.09	NEUTRAL	The Stochastics value for INEA.PA is a neutral value.
Average True Range in percent/ATR (20)	1.18	LOW VOLATILITY	The low ATR as a percentage value for INEA.PA suggests low volalility.
Average Directional Index/ADX (14)	31.51	POSITIVE	The high ADX value value for INEA.PA suggests a strong trend.