INNO HOLDINGS INC (INHD) Stock Technical Analysis
NASDAQ:INHD - US4576JP2087 - Common Stock
5.19 USD
+0.18 (+3.59%)
5.1 USD
-0.09 (-1.73%)
Overall INHD gets a technical rating of 7 out of 10. Although INHD has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
INHD 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
INHD is one of the better performing stocks in the Metals & Mining industry, it outperforms 96% of 155 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
INHD has an average volume of 5904030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that INHD is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month INHD has a been trading in the 1.17 - 7.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although INHD has an excellent technical rating, it does not offer a high 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
5.14
7.72
2 important resistance areas can be observed.
- Resistance @5.39 from a horizontal line in the daily time frame.
- Resistance @7.64 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for INHD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INHD is up. |
| ChartMill Relative Strength | 98.27 | POSITIVE | INHD has a high relative strength, it outperformed 98.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INHD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INHD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INHD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.4 | OVERBOUGHT | The high RSI value suggests INHD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests INHD has a positive trend. |
| Stochastics (14,3) | 67.45 | NEUTRAL | The Stochastics value for INHD is a neutral value. |
| Average True Range in percent/ATR (20) | 12.96 | HIGH VOLATILITY | The high ATR as a percentage value for INHD suggests high volalility. |
| Average Directional Index/ADX (14) | 38.4 | POSITIVE | The high ADX value value for INHD suggests a strong 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)
5.19
+0.18 (+3.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.59%
1 Week296.18%
2 Weeks308.66%
1 Month332.5%
3 Month315.2%
6 Month11.02%
12 Month12.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%12.96%
ATR Inc54.87%
Range Today1.15
ADR(20)0.63
ADR(20)%12.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.27
Mansfield1.57
10 Day High7.13
10 Day Low1.22
20 Day High7.13
20 Day Low1.17
52 Week High19.78
52 Week Low1.11
CS1 EndN/A
CR1 Start5.39
Volume & EV
DER(3)3.93%
DER(5)3.96%
Volume2.23M
Volume Incr117826.1%
Vol(5)55.37M
Vol(50)5.90M