INNO HOLDINGS INC (INHD) Technical Analysis
NASDAQ:INHD • US4576JP3077
Current stock price
INHD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to INHD. INHD'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than INHD.
- INHD is one of the lesser performing stocks in the Metals & Mining industry. 89% of 157 stocks in the same industry do better.
- INHD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so INHD is lagging the market.
- In the last month INHD has a been trading in the 0.97 - 1.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
INHD Weekly and Daily overview Charts
INHD Setup Rating and Analysis
Although the technical rating is bad, INHD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.15. Right above this resistance zone may be a good entry point.
More info and screens
INHD Support and Resistance Analysis
0.99
When analyzing the support we notice one important area.
- A support zone ranging from 1.00 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
INHD 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 INHD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INHD is down. |
| ChartMill Relative Strength | 2.34 | NEGATIVE | INHD has a low relative strength, it was outperformed by 97.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of INHD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INHD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INHD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.57 | NEUTRAL | The RSI value for INHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests INHD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.64 | NEUTRAL | The Stochastics value for INHD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for INHD suggests high volalility. |
| Average Directional Index/ADX (14) | 32.82 | POSITIVE | The high ADX value value for INHD suggests a strong trend. |
INHD Chart- and CandleStick Pattern Analysis
INHD Technicals: Chart, Performance Metrics, Trend & Indicators
1.13
-0.01 (-0.88%)
INNO HOLDINGS INC / INHD TA FAQ
Can you provide the ChartMill technical rating for INNO HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to INHD.
Can you provide the trend direction for INNO HOLDINGS INC?
The current trend direction for INNO HOLDINGS INC (INHD) is Bearish.
What is the RSI signal for INNO HOLDINGS INC (INHD) stock?
INNO HOLDINGS INC (INHD) has an RSI value of 41.5708. This indicates that the stock is currently neutral.
What is the short term momentum for INNO HOLDINGS INC (INHD) stock?
The short term momentum for INNO HOLDINGS INC (INHD) is negative.
Can you provide the support and resistance levels for INNO HOLDINGS INC?
INNO HOLDINGS INC (INHD) has a support level at 1 and a resistance level at 1.15. Check the full technical report for our detailed analysis of INHD support and resistance levels.