INNEOVA HOLDINGS LTD (INEO) Stock Technical Analysis
NASDAQ:INEO - KYG7776G1047 - Common Stock
0.98 USD
-0.27 (-21.6%)
0.98 USD
0 (0%)
Taking everything into account, INEO scores 3 out of 10 in our technical rating. INEO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than INEO.
INEO is one of the lesser performing stocks in the Distributors industry. 73% of 20 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month INEO has a been trading in the 0.80 - 1.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of INEO is bad and it also does not present a quality setup 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.
More info and screens
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0.99
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 | UP | POSITIVE | The long term trend for INEO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INEO is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | INEO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INEO is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.11 | NEUTRAL | The RSI value for INEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests INEO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.31 | NEUTRAL | The Stochastics value for INEO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.88 | HIGH VOLATILITY | The high ATR as a percentage value for INEO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.96 | NEUTRAL | The ADX value for INEO suggests a possible start of a new 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)
0.98
-0.27 (-21.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-21.6%
1 Week12.64%
2 Weeks15.16%
1 Month5.04%
3 Month-13.27%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%9.88%
ATR Inc375.19%
Range Today0.17
ADR(20)0.09
ADR(20)%9.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.27
10 Day Low0.8
20 Day High1.27
20 Day Low0.8
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)12.24%
DER(5)10.61%
Volume257.70K
Volume Incr655.53%
Vol(5)223.94K
Vol(50)115.20K