INMODE LTD (INMD) Technical Analysis
NASDAQ:INMD • IL0011595993
Current stock price
13.71 USD
-0.08 (-0.58%)
At close:
13.71 USD
0 (0%)
After Hours:
INMD Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to INMD. INMD'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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 77% of all other stocks performed better in the past year than INMD.
- INMD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INMD is lagging the market.
- In the last month INMD has a been trading in the 12.72 - 13.89 range, which is quite wide. It is currently trading near the high of this range.
- INMD has an average volume of 1199400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- INMD is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, INMD did better than 60% of them.
- Considerably lower volume is observed in the last couple of days.
INMD Weekly and Daily overview Charts
INMD Setup Rating and Analysis
INMD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.69, a Stop Loss order could be placed below this zone.
More info and screens
INMD Support and Resistance Analysis
13.09
19.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.52 to 13.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.22 to 13.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 13.80 to 14.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.01 to 15.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.72 from a horizontal line in the weekly time frame.
- Resistance @19.13 from a horizontal line in the weekly time frame.
INMD 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 INMD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INMD is neutral. |
| ChartMill Relative Strength | 23.4 | NEGATIVE | INMD has a low relative strength, it was outperformed by 76.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of INMD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.57 | NEUTRAL | The RSI value for INMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests INMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.48 | NEUTRAL | The Stochastics value for INMD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for INMD suggests some volalility. |
| Average Directional Index/ADX (14) | 13.8 | NEGATIVE | The low ADX value for INMD suggests a weak or negative trend. |
INMD Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
INMD Technicals: Chart, Performance Metrics, Trend & Indicators
13.71
-0.08 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.58%
1 Week2.31%
2 Weeks1.33%
1 Month3.63%
3 Month-5.06%
6 Month-10.19%
12 Month-7.86%
2 Year-20.24%
3 Year-63.2%
5 Year-68.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%2.56%
ATR Inc-30.47%
Range Today0.14
ADR(20)0.31
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.4
3 months CRS39.91
6 months CRS28.32
Mansfield-0.74
10 Day High13.89
10 Day Low13.21
20 Day High13.89
20 Day Low12.72
52 Week High16.74
52 Week Low12.72
CS1 End13.69
CR1 Start13.8
Volume & EV
DER(3)-5.34%
DER(5)-2.95%
Volume312.80K
Volume Incr-27.86%
Vol(5)760.66K
Vol(50)1.20M
INMODE LTD / INMD TA FAQ
Can you provide the ChartMill technical rating for INMODE LTD?
ChartMill assigns a technical rating of 1 / 10 to INMD.
Can you provide the trend direction for INMODE LTD?
The current trend direction for INMODE LTD (INMD) is Bearish.
Can you provide the RSI signal for INMODE LTD?
INMODE LTD (INMD) has an RSI value of 49.5727. This indicates that the stock is currently neutral.
What is the short term momentum for INMODE LTD (INMD) stock?
The short term momentum for INMODE LTD (INMD) is neutral.