INTELLINETICS INC (INLX) Stock Technical Analysis
USA - NYSEARCA:INLX - US45825X2045 - Common Stock
Taking everything into account, INLX scores 0 out of 10 in our technical rating. INLX 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 INLX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.95
When analyzing the support we can see 2 important areas.
- Support @9.58 from a trend line in the weekly time frame.
- A support zone ranging from 9.04 to 9.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.45 to 11.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.33 from a trend line in the daily time frame.
- Resistance @13.42 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 | DOWN | NEGATIVE | The long term trend for INLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INLX is down. |
| ChartMill Relative Strength | 10.71 | NEGATIVE | INLX has a low relative strength, it was outperformed by 89.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.81 | NEUTRAL | The RSI value for INLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests INLX has a negative trend. |
| Stochastics (14,3) | 15.78 | OVERSOLD | The low Stochastics value suggests INLX may be oversold. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for INLX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.53 | NEGATIVE | The low ADX value for INLX suggests a weak or negative trend. |
10.33
-0.75 (-6.77%)
INTELLINETICS INC / INLX FAQ
What is the ChartMill technical rating of INTELLINETICS INC (INLX) stock?
ChartMill assigns a technical rating of 0 / 10 to INLX.
What is the current trend direction of INTELLINETICS INC (INLX) stock?
The current trend direction for INTELLINETICS INC (INLX) is Bearish.
What is the RSI signal for INLX stock?
INTELLINETICS INC (INLX) has an RSI value of 37.8146. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INTELLINETICS INC?
The MACD indicator for INTELLINETICS INC (INLX) has a value of -0.141442, indicating a bearish trend.
What is the short term momentum for INLX stock?
The short term momentum for INTELLINETICS INC (INLX) is negative.