Overall INHD gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, INHD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
0.15
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 | 0.09 | NEGATIVE | INHD has a low relative strength, it was outperformed by 99.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INHD is below 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) | 21.23 | OVERSOLD | The low RSI value suggests INHD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests INHD has a positive trend. |
| Stochastics (14,3) | 1.01 | OVERSOLD | The low Stochastics value suggests INHD may be oversold. |
| Average True Range in percent/ATR (20) | 149.95 | HIGH VOLATILITY | The high ATR as a percentage value for INHD suggests high volalility. |
| Average Directional Index/ADX (14) | 38.13 | POSITIVE | The high ADX value value for INHD suggests a strong trend. |
0.1529
-0.01 (-3.23%)
ChartMill assigns a technical rating of 0 / 10 to INHD.
The current trend direction for INNO HOLDINGS INC (INHD) is Bearish.
INNO HOLDINGS INC (INHD) has an RSI value of 21.2285. This indicates that the stock is currently oversold.
The buy/sell signal for INNO HOLDINGS INC (INHD) is sell as both the short term and long term trends are negative.