INNEOVA HOLDINGS LTD-A (INEO) Technical Analysis
NASDAQ:INEO • KYG7776G1047
Current stock price
INEO Technical Rating and Analysis
Taking everything into account, INEO scores 0 out of 10 in our technical rating. INEO'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, INEO is a bad performer in the overall market: 100% of all stocks are doing better.
- INEO is one of the lesser performing stocks in the Distributors industry. 65% of 24 stocks in the same industry do better.
- In the last month INEO has a been trading in the 0.44 - 0.74 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
INEO Weekly and Daily overview Charts
INEO Setup Rating and Analysis
INEO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
INEO Support and Resistance Analysis
0.50
When analyzing the resistance we notice 4 important areas.
- Resistance @0.53 from a trend line in the daily time frame.
- Resistance @0.58 from a horizontal line in the daily time frame.
- Resistance @0.68 from a trend line in the daily time frame.
- Resistance @0.70 from a trend line in the weekly time frame.
INEO 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 INEO is down. |
| 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) | DOWN | MIXED | The current price of INEO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INEO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.81 | NEUTRAL | The RSI value for INEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests INEO has a positive trend. |
| Stochastics (14,3) | 15.69 | OVERSOLD | The low Stochastics value suggests INEO may be oversold. |
| Average True Range in percent/ATR (20) | 13.71 | HIGH VOLATILITY | The high ATR as a percentage value for INEO suggests high volalility. |
| Average Directional Index/ADX (14) | 45.9 | POSITIVE | The high ADX value value for INEO suggests a strong trend. |
INEO Chart- and CandleStick Pattern Analysis
INEO Technicals: Chart, Performance Metrics, Trend & Indicators
0.51
+0.02 (+4.72%)
INNEOVA HOLDINGS LTD-A / INEO TA FAQ
What is the ChartMill technical rating of INNEOVA HOLDINGS LTD-A (INEO) stock?
ChartMill assigns a technical rating of 0 / 10 to INEO.
What is the trend direction for INEO stock?
The current trend direction for INNEOVA HOLDINGS LTD-A (INEO) is Bearish.
What is the RSI signal for INNEOVA HOLDINGS LTD-A (INEO) stock?
INNEOVA HOLDINGS LTD-A (INEO) has an RSI value of 49.8111. This indicates that the stock is currently neutral.
What is the short term momentum for INEO stock?
The short term momentum for INNEOVA HOLDINGS LTD-A (INEO) is neutral.
What are the support and resistance levels for INNEOVA HOLDINGS LTD-A (INEO) stock?
INNEOVA HOLDINGS LTD-A (INEO) has a resistance level at 0.53. Check the full technical report for our detailed analysis of INEO support and resistance levels.