USA - NASDAQ:INHD - US4576JP2087 - Common Stock
Taking everything into account, INHD scores 0 out of 10 in our technical rating. INHD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of INHD 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.
0.75
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 | 2.1 | NEGATIVE | INHD has a low relative strength, it was outperformed by 97.9% 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) | 31.69 | NEUTRAL | The RSI value for INHD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests INHD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 10.52 | OVERSOLD | The low Stochastics value suggests INHD may be oversold. |
| Average True Range in percent/ATR (20) | 12.21 | HIGH VOLATILITY | The high ATR as a percentage value for INHD suggests high volalility. |
| Average Directional Index/ADX (14) | 12.47 | NEGATIVE | The low ADX value for INHD suggests a weak or negative trend. |
0.7548
+0.05 (+6.75%)
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 31.688. This indicates that the stock is currently neutral.
The buy/sell signal for INNO HOLDINGS INC (INHD) is sell as both the short term and long term trends are negative.