INLX Technical Analysis - INTELLINETICS INC

Technical Rating and Analysis

Overall INLX gets a technical rating of 4 out of 10. In the past year, INLX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, INLX is a bad performer in the overall market: 73% of all stocks are doing better.

Warning: INLX has an average volume of 1982 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

INLX is part of the Software industry. There are 281 other stocks in this industry, INLX did better than 45% of them.

INLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INLX is lagging the market.

In the last month INLX has a been trading in the 9.80 - 12.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

INTELLINETICS INC / INLX Weekly stock chart

INTELLINETICS INC / INLX Daily stock chart

Setup Rating and Analysis

INLX has an average technical rating and it also 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.27

15.50

We found 1 important support area.

Support @9.36 from a trend line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 11.62 to 11.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 12.51 to 12.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @13.58 from a trend line in the weekly time frame.
Resistance @15.35 from a horizontal line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for INLX is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for INLX is up.
ChartMill Relative Strength	27.8	NEGATIVE	INLX has a low relative strength, it was outperformed by 72.2% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of INLX is below the rising 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)	50.73	NEUTRAL	The RSI value for INLX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests INLX has a positive trend, although the MACD value is declining.
Stochastics (14,3)	57.39	NEUTRAL	The Stochastics value for INLX is a neutral value.
Average True Range in percent/ATR (20)	3.14	MEDIUM VOLATILITY	The ATR as a percentage value for INLX suggests some volalility.
Average Directional Index/ADX (14)	18.06	NEGATIVE	The low ADX value for INLX suggests a weak or negative trend.