9 Meters Biopharma Inc. (INNT) Technical Analysis
NASDAQ:INNT
Current stock price
INNT Technical Rating and Analysis
Overall INNT gets a technical rating of 4 out of 10. In the past year, INNT 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.
- 86% of all other stocks performed better in the past year than INNT.
- INNT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month INNT has a been trading in the 0.41 - 0.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
INNT Weekly and Daily overview Charts
INNT Setup Rating and Analysis
INNT 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.
More info and screens
INNT Support and Resistance Analysis
0.46
When analyzing the support we notice one important area.
- Support @0.46 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.61 from a horizontal line in the weekly time frame.
INNT 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 INNT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INNT is up. |
| ChartMill Relative Strength | 14.45 | NEGATIVE | INNT has a low relative strength, it was outperformed by 85.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INNT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.03 | NEUTRAL | The RSI value for INNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests INNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.39 | NEUTRAL | The Stochastics value for INNT is a neutral value. |
| Average True Range in percent/ATR (20) | 14.45 | HIGH VOLATILITY | The high ATR as a percentage value for INNT suggests high volalility. |
INNT Chart- and CandleStick Pattern Analysis
INNT Technicals: Chart, Performance Metrics, Trend & Indicators
0.56
-0.14 (-20.23%)
9 Meters Biopharma Inc. / INNT TA FAQ
What is the technical rating for INNT stock?
ChartMill assigns a technical rating of 4 / 10 to INNT.
Can you provide the trend direction for 9 Meters Biopharma Inc.?
The current trend direction for 9 Meters Biopharma Inc. (INNT) is Bearish.
What is the RSI signal for 9 Meters Biopharma Inc. (INNT) stock?
9 Meters Biopharma Inc. (INNT) has an RSI value of 51.0255. This indicates that the stock is currently neutral.
Can you provide the MACD signal for 9 Meters Biopharma Inc.?
The MACD indicator for 9 Meters Biopharma Inc. (INNT) has a value of 0.0183063, indicating a bearish trend.