INNOVAGE HOLDING CORP (INNV)

US45784A1043 - Common Stock

4.08  +0.2 (+5.15%)

After market: 4.08 0 (0%)

Technical Rating and Analysis

0

Overall INNV gets a technical rating of 0 out of 10. INNV 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, INNV is a bad performer in the overall market: 92% of all stocks are doing better.
INNV is one of the lesser performing stocks in the Health Care Providers & Services industry. 75% of 117 stocks in the same industry do better.
INNV 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 INNV is lagging the market.
Warning: INNV has an average volume of 26416 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month INNV has a been trading in the 3.52 - 4.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
INNV Weekly chart
INNV Daily chart
Setup Rating and Analysis

6

INNV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.85

7.12

When analyzing the support we notice one important area.

  • A support zone ranging from 3.89 to 3.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 4.09 to 4.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @4.96 from a trend line in the daily time frame.
  • Resistance @5.73 from a trend line in the daily time frame.
  • Resistance @7.05 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.63
Mansfield-3.68
10 Day High4.25
10 Day Low3.52
20 Day High4.66
20 Day Low3.52
52 Week High8.05
52 Week Low3.52
Performance
1 Week7.37%
2 Weeks2%
1 Month-11.11%
3 Month-27.66%
6 Month-26.62%
12 Month-40.35%
2 Year-15.88%
3 Year-80.93%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)48.89
LBB3.63
UBB4.24
INNV Daily chart

INNOVAGE HOLDING CORP

NASDAQ:INNV (5/2/2024, 7:00:18 PM)

After market: 4.08 0 (0%)

4.08

+0.2 (+5.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg5.15%
1 Week7.37%
2 Weeks2%
1 Month-11.11%
3 Month-27.66%
6 Month-26.62%
12 Month-40.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%7.6%
ATR Inc
Range Today0.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.25
10 Day Low3.52
20 Day High4.66
20 Day Low3.52
52 Week High8.05
52 Week Low3.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume21.10K
Volume Incr60.93%
Vol(5)43.70K
Vol(50)26.42K